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Changzhi Project Information for the Year 2006

Initiator Profile

Name

Changzhi Weite Weighing Equipments Co., Ltd.

Ownership

Co., Gtd.

Address

2. Bayi Square, Changzhi

Establishment

1954

Legal  representative

Zhao Pei

Office tel.

+86 355 2026666

Handy

 

Contact person

Wang Shuanghu

Contact Tel.

13903453367

E-mail

weite@sxczweite.com

Number of staff members

312

Number of technician

56

Assets

Total assets

62,180,000

Fixed assets

32,460,000

Current assets

27,240,000

Registered capital

18,000,000

Intangible assets

20,000,000

Total liabilities

31,890,000

 

2002

2003

2004

Business conditions

 

 

 

Sales income

30,260,000

32,250,000

34,170,000

Export  income

 

 

 

Profits after taxes

360,000

520,000

810,000

  Project information

Project name

Weighing displays and sensors

Project type

 Tech. innovation

Project  technology

Self-owned technology, to introduce technology

Total investment

30,000,000

Foreign  investment  needed

15,000,000

 Cooperation  duration

10 years

Project registration and approval: yes

Feasibility study report      ready

Intended cooperation method

Joint venture, cooperation, other

Investment composition

Partners

Chinese partner

Foreign partner

Investment proportion£¨%£©

50%

50%

Cash

 1,000,000

 12,000,000

Land using rights

 1,000,000

 

Workshop

 4,000,000

 

Equipment

 5,000,000

 

Technology and intellectual property

 3,500,000

 3,000,000

Others

 500,000

 

Information of main materials supply and infrastructure

Production materials supplied by domestic market. Workshops to be enlarged. New production equipments needed.

Market analysis

Construction period: 2 years

Annual sales income: 32,000,000

Including: income from export: USD 1,200,000

Profits after taxes: 2,000,000

Profit ratio of investment  20%

Return period of investment: 15 years 

Brief introduction of economic efficiency

Because of the development in weighing equipments, weighing displays and sensors of high precision, reliable performance and high quality are needed in large quantity. On this basis, the project will bring great profit.

 

©Changzhi Municipal Government Economic Promotion Bureau,Shanxi,P.R.China
Tel:+86 355 3034606 Fax:+86 355 3034604
*info@chinainvest-cepb.com