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Initiator Profile
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Name
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Shanxi
Xinhuada Casting Group
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Ownership
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Private
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Address
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Nanshe
Industrial Park, Zhaidian Township, Lucheng, Shanxi
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Establishment
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1996
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Legal representative
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Li Shihong
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Office tel.
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+86 355 6985801
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Handy
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13903456780
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Contact person
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Miao Yuping
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Contact Tel.
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+86 13934050669
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E-mail
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xhd@xinhuada
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Number of staff members
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1000
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Number of technical personnel
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110
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Assets
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Total assets
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390million
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Fixed assets
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240million
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Current assets
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150million
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Registered capital
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148million
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Intangible assets
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1.176million
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Total liabilities
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153million
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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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99.99million
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305.96million
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523.87million
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Export income
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/
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/
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/
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Profits after
taxes
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2.45million
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14.34million
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14.89million
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Project Information
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Project name
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Automobile
brake block with annual output 25.5million pieces
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Project type
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Expansion
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Project
technology
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To introduce technology
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Total investment
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250million
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Foreign investment
needed
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150million
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Cooperation
duration
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30 years
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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
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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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40 %
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60 %
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Cash
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40million
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85million
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Land using rights
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9million
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1 million
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Workshop
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10 million
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Equipment
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32 million
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59.5 million
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Technology and intellectual property
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9 million
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4.5 million
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Others
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Information of Main Materials
Supply and Infrastructure
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At present Xinhuada Casting Group can
produce pig iron 400000 tons per year. The workshop
which covers an area of
10300 m2
has been built. Its annual yielding capacity is 6120000
pieces of automobile brake block.
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Market Analysis
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Construction period: 2 years
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Annual sales income: 1500 million
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Including: income from export: USD
12.5million
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Profits after taxes: 100 million
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Profit ratio of investment
20 %
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Return period of investment: 3 years
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Brief introduction of economic efficiency:
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