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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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Shanxi Huguan Huayang Mine Co.,Ltd.
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Ownership
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Address
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Gushangou
Village, Shipo Township, Huguan County
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Establishment
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1958
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Legal representative
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Li Zhiqiang
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Office tel.
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+86 355 8774562
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Handy
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139 9461 4999
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Contact person
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Li Zhiqiang
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Contact Tel.
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+86 355 8774562
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E-mail
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Number of staff members
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560
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Number of technical personnel
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53
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Assets
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Total assets
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50,832,500.95
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Fixed assets
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16,109,535.33
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Current assets
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31,361,705.62
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Registered capital
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10,000,000
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Intangible assets
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Total liabilities
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24,145,596.94
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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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17,516,805.35
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21,881,516.59
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48,672,679.23
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Export income
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Profits after
taxes
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286,340.96
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1,250,761.50
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14,646,393.08
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Project information
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Project name
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Machine Casting
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Project type
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Technical innovation
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Project
technology
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to introduce technology
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Total investment
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20,000,000
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Foreign investment needed
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10,000,000
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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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50
%
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50 %
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Cash
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5million
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Land using rights
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2million
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Workshop
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1million
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Equipment
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1million
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Technology and intellectual property
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Others
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Information of main materials
supply and infrastructure
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Huguan Changping Group can supply
the materials needed for this project.
Infrastructure also can meet the
needs of the project, including workshop, equipment,
the site area, water supply, electricity supply and
transportation.
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Market analysis
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Construction period: 1 year
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Annual sales income: 20million
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Including: income from export: USD
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Profits after taxes: 7 million
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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:
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Note: The unit of the currency except
for those indicated in USD all refers to RMB.
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