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Changzhi Project Information for the Year 2006

Initiator Profile

Name

Shanxi Changping Group 

Ownership

Joint stock

Address

Changping village,Huguan Industrial Development Zone,Huanguan County,Shanxi Province

Establishment

Mar,1993

Legal representative

Chen Zhongxiao

Office tel.

+86 355 8778215

Handy

13934051999

Contact person

Chen Zhongxiao

Contact Tel.

+86 355 8778215

E-mail

cpbgs@sxcpjt.com.cn

Number of staff members   4000

 

Number of technician

500

Assets

Total assets

2,000,000,000       

Fixed assets

500,000,000

Current assets

1,300,000,000

Registered capital

200,000,000

Intangible assets

26,000,000

Total liabilities

1,100,000,000

 

2002

2003

2004

Sales income

500,000,000

1,200,000,000

2,000,000,000

Profits after taxes

21,000,000

78,000,000

80,930,000

  Project Information

Project name

1 mil. Steel rolling materials

Project type

 (Newly-built ), expansion  tech. innovation

Project  technology

    Self-owned technology          (to introduce technology )        others

Total investment

2,000,000,000

Foreign  investment  needed

 

 Cooperation  duration

10years

project registration and approval:  No

Feasibility study report   ready   

Intended cooperation method:   cooperation

Information of Main Materials Supply and Infrastructure

Shanxi Changping Group locates in the Changping Industrial park. It is 10kilo.from Changzhi City. It joins the Changhu first class highway. The company¡¯s railway special line connects with Taijiao railway. The company build the electric substation of 220KV and abstraction works. It enjoys a convenient transportation. It has complete infrastructure and it has the capability

to produce the liquid steel of 1 million tons ,which will meet the demands of the project completely.

Market Analysis

Construction period:2 years       

Annual sales income:  5,000,000,000

Including: income from export: USD

Profits after taxes: 500,000,000

Profit ratio of investment   20 %

Return period of investment:   5 years     

Brief introduction of economic efficiency: After 10 years¡¯ development, Changping Group has combined the iron mine, coal mine, coke, pig iron and power plant into a unit. It has the ability to resist the market risks. Because the construction materials have a wild market, the project has great profits.  

 

 

 

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