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Changzhi Project Information for the Year 2006
Initiator Profile
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Name
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Lucheng Xiyu Coal Industry Co.,ltd.
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Ownership
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Co.,ltd.
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Address
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Bei village,Dianshang town,Lucheng
city
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Establishment
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Aug,2000
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Legal
representative
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Guo Zhenfu
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Office tel.
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+86 355 6962345
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Handy
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13934302888
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Contact person
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Guo Zhenfu
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Contact Tel.
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13934302888
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E-mail
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Number of staff members
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635
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Number of technician
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Assets
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Total assets
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184,750,000.
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Fixed assets
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161,450,000
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Current assets
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23,300,000
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Registered capital
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18,300,000
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Intangible assets
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Total liabilities
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74,580,000
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2002
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2003
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2004
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Business conditions
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Sales income
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64,750,000
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98,750,000
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117,540,000
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Export income
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Profits after
taxes
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Project Information
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Project name
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Vellum cardboard project of 100thousand
ton
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Project type
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(Newly-built ), expansion
tech. innovation
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Project
technology
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Self-owned technology
(to introduce technology)
others
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Total investment
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159,870,000
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Foreign
investment needed
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80,000,000
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Cooperation
duration
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project registration and approval:
No
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Feasibility study report
Ready
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Intended cooperation method :
cooperation
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Investment Composition
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Partners
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Chinese partner
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Foreign partner
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Investment proportion£¨%£©
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%
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%
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Cash
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Land using rights
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Workshop
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Equipment
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Technology and intellectual property
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Others
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Market Analysis
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Construction period: 1 year
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Annual sales income: 330,000,000.
RMB
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Including: income from export: USD
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Profits after taxes:40,230,000RMB
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Profit ratio of investment 20.95
%
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Return period of investment: 6.42years
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Brief introduction of economic efficiency:
The project introduces the local capital to paper
industry. Using the waste paper and wood pulp as the
main fiber materials, utilizing the waste gas as the
fuel and using the waste water properly to produce
the vellum cardboard. The products are widely used
in the transportation package of the home appliances,
textiles and food.
The sales income will reach 330mil.RMB,
the benefits and the tax 16.43mil.RMB and the profits
40.23mil.RMB.
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