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| Formerly known as: |
| Fushi International, Inc |
| Parallel Technologies, Inc. |
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| Primary Symbols & Exchanges: |
| FSIN - NASDAQ |
| - Berlin-Bremen Stock Exchange |
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| Primary Industry: |
| Computer |
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Thomson Financial Business Description:
| The Group's principal activity is in manufacturing and selling of bimetallic composite wire products, principally copper clad aluminum wires ("CCA"), Copper Clad Aluminum is an electrical conductor which has an outer sleeve of copper metallurgically bonded to a solid aluminum core. CCA, it's product, combines the conductivity and corrosion resistance of copper with the light weight and relatively low cost of aluminum. The applications base for CCA as a substitute and/or improvement to solid copper are expanding from co-axial cable, shielding wire, braided wire, electromagnetic wire and winding wire, to include transformer wire, distribution wire, automotive harness, and applications in computer, micro electronics and power transmission. During the year it acquired Fushi holdings. It operates in China and other foreign countries. |
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