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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¡¯yi
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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Guo Fuwei
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Contact Tel.
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+86 355 2078620
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E-mail
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gfw1122@sohu.com
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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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Explosion-proof
frequency-conversion motor for mining
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Project type
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Newly-built
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Project
technology
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To introduce technology
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Total investment
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10million
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Foreign investment needed
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5.1 million
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Cooperation
duration
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Long term
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Project registration and approval:
no
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Feasibility study report : no
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Intended Cooperation Method
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Joint-venture
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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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Most of the parts can be got in China
and some of the key parts will be imported from abroad.
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Market Analysis
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Construction period: 2 years
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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: 6 million
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Profit ratio of investment
60 %
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Return period of investment: 2 years
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Brief introduction of economic efficiency:
The product accords with the strategy of China to
establish 13 huge-sized mine groups and renovate mine
equipment. The stepless speed-adjustment explosion-proof
frequency-conversion motor for mining will be used
widely in mines for underground band conveyor, excavator,
mining machine and pump. The technology is taking
a leading role in the world and It has a great potential
market.
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