Initiator Profile

Name

Changzhi Huhua Group Zhenyuan Special Cement Co.,Ltd

Ownership

Shareholding

Address

Establishment

April , 2003

Legal  representative

Guo Zhenqi

Office tel.

+86 355 8779405

Handy

13503556538

Contact person

Li Songfang

Contact Tel.

+86 355 8779405

E-mail

Number of staff members

475

Number of technical personnel

50

Assets

Total assets

 28,120,000        

Fixed assets

15,300,000

Current assets

12,800,000

Registered capital

4,500,000

Intangible assets

Total liabilities

14,320,000

Business conditions

2002

2003

2004

Sales income

8,100,000

10,800,000

14,400,000

Export  income

Profits after taxes

560,000

1,020,000

1,350,000

  Project information

Project name

Cement production line with capacity of 300,000 tons

Project type

 Newly-built

Project  technology

    To introduce technology

Total investment

150 million

Foreign  investment  needed

100 million

 Cooperation  duration

20 years

Project registration and approval: yes

Feasibility study report: yes      

Intended cooperation method

Joint venture

Investment composition

Composition / partners

Chinese partner

Foreign partner

Investment proportion（%）

     25           %

    75        %

Cash

23million

Land using rights

8.3million

Workshop

7.4million

Equipment

 11.3million

Technology and intellectual property

Others

Information of main materials supply and infrastructure

Limestone: There is high-quality limestone in Yuanbaoshan mountain which is 1.5 kilometers to the north of company. Rich slay can be got f around company. Iron powder: there are rich iron powder reserves in nearby Qinzhuang and Longtan river. Fuel: The coal mines in our county can meet the needs of fuel supply. Fluotrite can be bought from Henan Province. The power is supplied by Dujiahe transformer station 200 meters away. Water can be got from deep well in Jidian Township 3 kilometers from company.

Market analysis

Construction period:  1 year   

Annual sales income:  RMB 120 million

Including: income from export: USD

Profits after taxes: 34.5 million

Profit ratio of investment           %

Return period of investment: 3 years       

Brief introduction of economic efficiency: Calculated at the current price of material, its annual output value is RMB 90 million and the annual sales income is RMB 120 million.