Initiator Profile

Name

Changzhi Jinyuan Alcohol Factory

Ownership

Collective ownership

Address

North of Gejiazhuang Village, Huangyan Township, Suburban District, Changzhi, Shanxi

Establishment

Legal  representative

Ge Fulu

Office tel.

+86 355 5073325

Handy

+86 13096660593

Contact person

Xu Changrong

Contact Tel.

+86 355 5073207

E-mail

Number of staff members

200

Number of technical personnel

30

Assets

Total assets

54million

Fixed assets

46.69million

Current assets

12million

Registered capital

60million

Intangible assets

2million

Total liabilities

20million

Business conditions

2002

2003

2004

Sales income

Export  income

Profits after taxes

  Project Information

Project name

Gasoline oxygen booster with annual output 30000 tons

Project type

Newly-built

Project  technology

To introduce technology         others

Total investment

70million

Foreign  investment  needed

20million

 Cooperation  duration

5 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（%）

         60  %

        40    %

Cash

3million

20million

Land using rights

1million

Workshop

11million

Equipment

28million

Technology and intellectual property

2million

Others

5million

Market Analysis

Construction period:  2 years    

Annual sales income:  111.42million

Including: income from export: USD

Profits after taxes: 9.96million

Profit ratio of investment    47  %

Return period of investment: 6 years       

Brief introduction of economic efficiency:

The profits and taxes rate of investment: 66.23%           The net output value ratio of investment: 53%

The financial indexes of the project are higher than the standards of this sector. The economic efficiency is remarkable.