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Changzhi Project Information for the Year 2006
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Initiator
Profile
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Name
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Changzhi Huhua Group Juxintai
Metallurgy and Casting Factory
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Ownership
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Shareholding
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Address
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Chengbei
Industrial Park, Huguan County, Changzhi
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Establishment
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November, 2003
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Legal
representative
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Zhang Zhibin
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Office tel.
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8773566
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Handy
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139 3405 2162
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Contact person
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Zhang Zhibin
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Contact Tel.
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8777126
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E-mail
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Number of staff members
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268
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Number of technical personnel
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60
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Assets
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Total assets
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24,450,000
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Fixed assets
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9,160,000
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Current assets
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15,150,000
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Registered capital
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3,130,000
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Intangible assets
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Total liabilities
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21,940,000
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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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3,800,000
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38,400,000
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38,940,000
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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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Making bricks with slag
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Project type
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Newly-built
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Project
technology
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To introduce technology
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Total investment
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10 million
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Foreign
investment needed
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5 million
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Cooperation
duration
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Long-term
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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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51
%
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49
%
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Cash
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600,000
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Land using rights
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3,000,000
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Workshop
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1,000,000
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Equipment
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Technology and intellectual property
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500,000
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Others
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Information
of main materials supply and infrastructure
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Huguan Changping Group and Yutong
Iron Factory discharge slag over 1 million tons per
year, they can meet the needs of material supply.
Infrastructure also can meet the needs of the project,
including workshop, equipment, the site area, water
supply, power supply and traffic conditions.
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Market
analysis
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Construction period: 1.5 years
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Annual sales income: 15,000,000
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Including: income from export: USD
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Profits after taxes:
3,000,000
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Profit ratio of investment
30 %
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Return period of investment: 3 years
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Brief introduction of economic efficiency:
After it is put into production, it can produce 100
million various bricks per year. The output value
will be 20million.
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Note: The unit of the currency except
for those indicated in USD all refers to RMB.
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