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Changzhi Project Information for the Year 2006

Initiator Profile

Name

Changzhi Xieli Chemicals Co., Ltd.

Ownership

Co., Ltd.

Address

Anyang, Machang, Changzhi

Establishment

1, 1999

Legal  representative

Wang Wantang

Office tel.

+86 355 5057888

Handy

13903551995

Contact person

Wang Junwang

Contact Tel.

+86 355 5050888

E-mail

 

Number of staff members

520

Number of technical personnel

51

Assets

Total assets

78,000,000

Fixed assets

51,000,000

Current assets

17,500,000

Registered capital

52,600,000

Intangible assets

7,500,000

Total liabilities

22,000,000

 

2002

2003

2004

Business conditions

 

 

 

Sales income

71,290,000

74,720,000

83,480,000

Export  income

 

 

 

Profits after taxes

10,520,000

12,190,000

13,720,000

  Project information

Project name

Xieli 2x50MW power plant

Project type

Expansion
Project  technology

 

Total investment

460,000,000

Foreign  investment  needed

345,000,000

 Cooperation  duration

10-15 years

Project registration and approval: yes

Feasibility study report      ready

Intended cooperation method

Joint venture

Investment composition

Composition / Partners

Chinese partner

Foreign partner

Investment proportion£¨%£©

25%

75%

Cash

 

345,000,000

Land using rights

40,000,000

 

Workshop

30,000,000

 

Equipment

30,000,000

 

Technology and intellectual property

15,000,000

 

Others

 

 

Information of main materials supply and infrastructure

Raw materials supplied locally. Infrastructure under construction.

Market analysis

Construction period:  1.5 years

Annual sales income: 230,000,000,

Including: income from export: USD

Profits after taxes: 30,000,000

Profit ratio of investment    13%

Return period of investment: 7 years   

Brief introduction of economic efficiency

 

 

 

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