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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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Large-sized
wind-mill generator and frequency converter
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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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62.35million
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Foreign investment needed
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50 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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Cooperation share transfer
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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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Information of Main Materials
Supply and Infrastructure
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In the first phase, parts are imported
and the finished products are exported after assembly.
In the second phase, some parts are nationalized and
the finished products are exported after assembly.
In the third phase, all the parts are nationalized.
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Market Analysis
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Construction period: 3 years
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Annual sales income: 160 million
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Including: income from export: USD19.35million
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Profits after taxes: 32 million
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Profit ratio of investment:
50 %
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Return period of investment: 2 years
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Brief introduction of economic efficiency:
China has a big territory and wind energy resources
are rich. The wind energy reserves reach 1 billion
KW. The wind-mill generation and frequency converter
have a big market. At first, we can import from abroad
and assimilate new technology for megawatt-grade wind-mill
generator and frequency converter. Meanwhile we shall
establish famous brand, and finally the nationalization
of all parts can be realized.
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