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Initiator Profile
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Name
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Shanxi Explosion-proof
Motor (Group) Co., Ltd.
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Ownership
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State-owned
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Address
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Bei¡¯er
Lane, Tanghangxijie, Changzhi, Shanxi
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Establishment
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December, 2000
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Legal representative
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Zhang Kecheng
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Office tel.
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+86 355 2613588
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Handy
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+86 13903451845
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Contact person
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Contact Tel.
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E-mail
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Number of staff members
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1149
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Number of technical personnel
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140
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Assets
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Total assets
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282.5million
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Fixed assets
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133.16million
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Current assets
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149.02million
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Registered capital
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102.83million
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Intangible assets
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0
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Total liabilities
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147.67million
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Business conditions
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2002
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2003
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2004
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Sales income
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57.58million
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102.54million
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153.6million
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Export income
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0
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USD230000
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USD280000
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Profits after
taxes
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30000
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500000
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760000
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Project Information
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Project name
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Blowing machine
and dust removal equipment for mining
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Project type
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Expansion
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Project
technology
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To introduce technology
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Total investment
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500000
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Foreign investment needed
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Cooperation
duration
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5 years
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Project registration and approval:
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Feasibility study report : yes
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Intended Cooperation Method
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Cooperation
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Investment Composition
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Composition / Partners
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Chinese partner
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Foreign partner
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Investment proportion£¨%£©
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%
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%
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Cash
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1.5million
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Land using rights
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0.5million
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Workshop
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2.4 million
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Equipment
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2 million
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Technology and intellectual property
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0.2 million
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Others
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Information of Main Materials
Supply and Infrastructure
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At present its annual output value
is RMB 17million, and the demand to our products on
the markets exceeds supply. The materials for production
are abundant. The infrastructure needs further investment
for enhancement.
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Market Analysis
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Construction period: 1 year
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Annual sales income: 30 million
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Including: income from export: USD
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Profits after taxes: 1.5 million
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Profit ratio of investment
5 %
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Return period of investment: 1 year
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Brief introduction of economic efficiency:
Due to the enlargement and renovation of China¡¯s coal
mines, the equipment for coal mine ventilation and
coal dust removal are greatly needed. The company
has introduced advanced technology from Germany to
speed up the production cycling.
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