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Initiator Profile
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Name
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Changzhi Yexing Chemical Co., Ltd
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Ownership
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Liability limited
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Address
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North Chengxi Rd. Changzhi, Shanxi
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Establishment
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Dec. 2004
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Legal
representative
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Zhou Budeng
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Office tel.
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+86 355 3097431
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Handy
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13835526739
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Contact person
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Zhou Budeng
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Contact Tel.
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13835526739
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E-mail
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Yzwhx2005@126.com
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Number of staff members
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20
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Number of technicians
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14
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Assets
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Total assets
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12.5 mil.
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Fixed assets
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12 mil.
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Current assets
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0.5 mil.
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Registered capital
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0.5 mil.
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Intangible assets
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0.5 mil.
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Total liabilities
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Business condition
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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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Export income
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Profits after
taxes
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Project Information
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Project name
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The annual production capacity of
30 thousand tons of dimethyl ether with coal as raw
material
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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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150 mil.
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Foreign
investment needed
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100 mil.
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Cooperation duration
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10 years
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Project registration and approval:
No
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Feasibility study report: No
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Intended Cooperation Method: Joint
venture, cooperation, share transfer or other
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Investment Composition
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Partners
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Chinese partner
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Foreign partner
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Investment proportion£¨%£©
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33 %
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67%
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Cash
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30 mil.
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100 mil.
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Land using rights
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12 mil.
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Workshop
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Equipment
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Technology and intellectual property
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5.8 mil.
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Others
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2.2 mil.
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Information of Main Materials
Supply and Infrastructure
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At present the company has signed
the technology transfer contract with Sichuan Tianyi
Technology Co.,Ltd., and Shanxi Tianhe Gas Technology
Co., Ltd. The feasibility study report is being made.
The non-standard equipment will be purchased according
to the industrial requirements. It is planned to start
the construction of the project in Apr.2005
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Market Analysis
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Construction period: 2 years
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Annual sales income: 130
mil.
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Including: income from export: USD
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Profits after taxes: 50 mil.
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Profit ratio of investment: 20%
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Return period of investment: 5 years
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Brief introduction of economic efficiency:
The annual sales income will come to RMB 130 million,
the annual tax 30 million and the annual profit 50
million after the project is put into operation.
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