Initiator Profile

Name

Changzhi Qinghua Machinery Factory

Ownership

State-owned

Address

Qinghua Str. Changzhi City, Shanxi Province

Establishment

Aug. 1965

Legal  representative

Cui yanlin

Office tel.

Handy

Contact person

Pan Yulin

Contact Tel.

+86 355 3912786

E-mail

qhkfzx@163.com

Number of staff members

3605

Number of technical personnel

861

Assets

Total assets

1222.19 mil

Fixed assets

460.88 mil

Current assets

731.02 mil

Registered capital

115.86 mil

Intangible assets

1.24 mil

Total liabilities

847.51 mil

Business conditions

For the year 2003

For the year 2004

For the year 2005

Sales income

405.83 mil.

600.94 mil.

1002.2 mil.

Export  income

USD 0.44 mil.

USD 0.55 mil.

USD 1.01 mil.

Profits after taxes

13.08 mil.

30.65 mil

53.96 mil.

  Project Information

Project name

Height operation vehicle

Project type

Expansion

Project  technology

          to introduce technology        

Total investment

Foreign  investment  needed

 Cooperation  duration

Long term

Project registration and approval: Yes

Feasibility study report :     Yes

Intended Cooperation Method

                                              cooperation         

Investment Composition

Composition / Partners

Chinese partner

Foreign partner

Investment proportion（%）

           %

            %

Cash

Land using rights

Workshop

Equipment

Technology and intellectual property

Others

Information of Main Materials Supply and Infrastructure

Raw materials and components can be supplied at domestic market. The company has complete special processing equipment including cold and heat treatment and special processing.

Market Analysis

Construction period:     

Annual sales: 

Including: income from export: USD

Profits after taxes:

Profit ratio of investment           %

Investment payoff period:        

Brief introduction of economic efficiency