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
village, Zhaidian Township, Lucheng City, Changzhi,
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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+86 13903456780
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Contact person
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Zhang Xiangjing
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Contact Tel.
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+86 355 6985843
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E-mail
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xhd@xinhuada.com.cn
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Number of staff members
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907
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Number of technical personnel
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105
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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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240 million
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Current assets
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Registered capital
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200million
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Intangible assets
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Total liabilities
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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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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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Food processing
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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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20 million
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Foreign
investment needed
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10 million
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Cooperation duration
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20 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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50
%
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50 %
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Cash
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10 million
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10 million
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Land using rights
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0.5 million
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0.5 million
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Workshop
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6 million
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Equipment
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3 million
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9 million
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Technology and intellectual property
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0.5 million
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0.5 million
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Others
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Information of main materials supply and
infrastructure
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Shanxi Sanrun Fine Chemical Industry
Co., Ltd is a branch company of our group, which mainly
produces food additives. It has very good infrastructure
and advanced technology.
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Market analysis
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Construction period: 1 year
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Annual sales income: 20 million
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Including: income from export: USD1.25
mil.
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Profits after taxes: 5 million
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Profit ratio of investment 30.8
%
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Return period of investment: 3 years
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Brief introduction of economic efficiency
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Note: The unit of the currency except
for those indicated in USD all refers to RMB.
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