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Changzhi Project Information for the Year 2006

Initiator Profile

Name

Changzhi Chengqu Sanhuan Mechanical and Electrical Factory

Ownership

Private

Address

Nan¡¯erhuanlu, Changzhi, Shanxi

Establishment

March, 1989

Legal  representative

Wang Jianhua

Office tel.

+86 355 3120016

Handy

 

Contact person

Wang Jianhua

Contact Tel.

+86 13835501869

E-mail

 

Number of staff members

126

Number of technical personnel

15

Assets

Total assets

8.5million

Fixed assets

4.6 million

Current assets

3.9million

Registered capital

0.6 million

Intangible assets

 

Total liabilities

2.476 million

Business conditions

2002

2003

2004

Sales income

2.8 million

3.2 million

3.52 million

Export  income

---

---

---

Profits after taxes

0.32 million

0.38 million

0.46 million

  Project Information

Project name

LED color screen (or mechanical and electrical products) 

Project type

Expansion

Project  technology

To introduce technology        

Total investment

18 million

Foreign  investment  needed

10 million

 Cooperation  duration

10 years

Project registration and approval: yes

Feasibility study report : yes     

Intended Cooperation Method

Joint venture           

Investment Composition

Composition / Partners

Chinese partner

Foreign partner

Investment proportion£¨%£©

       52    %

      48      %

Cash

4.18 million

10 million

Land using rights

1.35 million

 

Workshop

3.5 million

 

Equipment

1.8 million

 

Technology and intellectual property

 

 

Others

 

 

Information of Main Materials Supply and Infrastructure

Some materials will be imported.

Workshop, storehouse and office and infrastructure are ready for production.

Market Analysis

Construction period:  half year    

Annual sales income:  45million

Including: income from export: USD

Profits after taxes: 9million

Profit ratio of investment     50 %

Return period of investment: 2years       

Brief introduction of economic efficiency: At present, LED color screen in Chinese market is in initial stage. If the advanced technology and foreign investment is imported, the product will be upgraded and the market will be bright. It will be a project which has advantages shuch as less investment, short cycle and high profit rate.

 

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