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Changzhi Project Information for the Year 2006

Initiator Profile

Name

Shanxi Lucheng Lubao Coke & Chemicals Co., Ltd

Ownership

Private

Address

Changzhuang Village Dianshang Town Lucheng City Shanxi Province

Establishment

1994

Legal  representative

Han Chang¡¯an

Office tel.

+86 355 2033897

Handy

13934308088

Contact person

Qin peng

Contact Tel.

+86 355 6966381

E-mail

 

Number of staff members

1432

Number of technicians

387

Assets

Total assets

 1358 mil.

Fixed assets

814.8 mil.

Current assets

543.2 mil.

Registered capital

638 mil.

Intangible assets

 

Total liabilities

350 mil.

Business condition

2002

2003

2004

Sales income

 131.1 mil.

 602.3 mil.

 1094.32 mil.

Export  income

 

 

 

Profits after taxes

12.02 mil.

 75.5 mil.

 128.21 mil.

  Project Information

Project name

Tar and chemicals with the annual production capacity of 600 thousand tons

Project type

 Newly-built

Project  technology

        to introduce technology        

Total investment

  800 mil.

Foreign  investment  needed

 320 mil.

 Cooperation  duration

30 years

Project registration and approval: Yes

Feasibility study report: Yes

Intended cooperation method:  Joint venture or cooperation

Investment Composition

Partners

Chinese partner

Foreign partner

Investment proportion£¨%£©

 60%

      40%

Cash

                480 mil.

                   320 mil.

Land using rights

                Its own land

 

Workshop

                65 mil.

 

Equipment

                270 mil.

 

Technology and intellectual property

                100 mil.

                   320 mil.

Others

                45 mil.

 

Information of Main Materials Supply and Infrastructure

The company has complete infrastructure.

Market Analysis

Construction period: 2 years

Annual sales income: 1200 mil.

Including: income from export: USD  

Profits after taxes : 200 mil.

Profit ratio of investment: 30%         

Return period of investment: 2.5 years

Brief introduction of economic efficiency:

It will expand the products of chemical industry. The project has good economic value and short return period of investment.

 

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