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Initiator Profile
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Name
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Changzhi Iron
& Steel (Group) Co., Ltd.
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Ownership
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State-owned
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Address
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Dongdajie 9, Guxian Township,
Suburban District, Changzhi, Shanxi
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Establishment
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1947
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Legal representative
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Dang Ge
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Office tel.
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+86 355 5085118
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Handy
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Contact person
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Yang Jianmin
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Contact Tel.
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+8613509758239
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E-mail
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Number of staff members
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15641
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Number of technical personnel
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Assets
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Total assets
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5449.67million
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Fixed assets
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1936.31million
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Current assets
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3335.38million
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Registered capital
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432.50million
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Intangible assets
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40.87million
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Total liabilities
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3927.37million
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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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2352.03million
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3375.04million
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5499.21million
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Export income
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Profits after
taxes
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67.66million
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153.99million
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138.31million
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Project Information
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Project name
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Aerocrete production line
with annual output 200000 m3
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Project type
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Newly-built
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Project
technology
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The key technology and
equipment of the project is introduced from Germany.
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Total investment
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118.5million
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Foreign investment needed
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70million
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Cooperation
duration
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Long term
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Project registration and approval:
yes
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Feasibility study report :
yes
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Intended Cooperation Method
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Joint venture, cooperation or others
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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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< 49 %
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> 51 %
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Cash
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< 58.07million
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> 60.44million
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Land using rights
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Information of Main Materials
Supply and Infrastructure
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The raw materials include
coal ash powder, cement and gypsum etc, which all
can be got locally. The infrastructure such as water,
electricity can meet the demand of this project.
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Market Analysis
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Construction period: 1 year
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Annual sales income: 57.5million
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Including: income from export: USD
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Profits after taxes: 8.71million
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Profit ratio of investment :
8.62 %
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Return period of investment: 8.46
years
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Brief introduction of economic efficiency:
Because this project is to produce products
with wastes which benefit the environment, the project
can be exempted from income tax in the first 5 years.
According to the financial assessment this project
is superior to the other fields in construction material
industry in terms of basic standards of income ratio
and investment return period.
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