Manufacture
Weiqiao Textile Company Limited Introduction to the High Precision Aluminum Strip and Foil Production Project
I. Enterprise Profile
Shandong Weiqiao Textile Company Limited is located in Zouping Economic Development Zone. It is a super-large enterprise that has 160 thousand employees, with the total investment amount to 41 billion yuan. The businesses of the company include textile, dyeing and finishing, costume, home textile, thermoelectricity, aluminium oxide, electrolytic aluminium and advanced processing of aluminium. The sales income of the enterprise in 2007 was 66.56 billion yuan and the profit tax was 8.42 billion yuan.
II. Construction Scale and the Main Construction Contents
The project will have an annual output capacity of producing 300 tons of high precision aluminum strip and foil, including 80 thousand tons of aluminum plate, 140 thousand tons of aluminium strip and 80 thousand tons of aluminum foil. The building area of it is 84.4 thousand square meters and the equipment installed is 60 sets.
III. Construction Conditions of the Project
All the construction conditions such as transportation, water, power, natural gas, communication and so on have been satisfied. The supply of raw materials will be guaranteed by the electrolytic aluminium factory of the company.
IV. Progress of the Prophase Work of the Project
The prophase work of the project such as land, environmental assessment, project examination and approval and so on have been completed.
V. Market Analysis
Recent years, with the development of domestic economy, the uses of aluminium and its alloy are also expanding. They are widely used in the fields as construction, machine, printing, packing, transportation, aviation and so on. The market demands of aluminium and aluminium alloy are on the increase, therefore, the development potential is very vast.
VI. Investment Estimation and Capital Source
The overall investment of the project is 2.423 billion yuan, including 2.228 billion yuan of fixed assets investment. Fund raising of the project: self-raised fund, 1.023 billion yuan, foreign fund, 1.4 billion yuan.
VII. Project Benefit Analysis
After the project is completed, the annual sales income will be 6.384 billion yuan and the profit tax can be 703 million yuan.The profit to investment rate will be 19.36％ and the investment profit-tax rate will be 24.43％ and the investment payback period （after tax） is about 8.03 years.
VIII. Cooperation Mode
Joint venture or cooperation
Legal representative：Zhang Shiping Contact person：Bo Qimin
Contact Number：0543-4161111 Fax：0543-4162000
Address：Zouping Economic Development Zone，Shandong Province
Website：http：//www.weiqiaocy.com
Transfer of interests or capital increasing of Shandong Bin’ao Airplane Manufacturing Co., Limited
I. General Situation
Shandong Bin’ao airplane manufacturing project is invested by Austria Diamond airplane manufacturing Co. limited and Binzhou Dagao General Aviation City Co. limited. Its main business is Diamond DA40 series plane production, services, supply and sale. The total investment of the company is $42,000,000 dollars (￥340,620,000 RMB); and the registered capital is $14,000,000 dollars, in which the Binzhou Dagao General Aviation City Co. limited invests $10,360,000 dollars (￥84,019,600 RMB) and has the 74% part of the registered capital, the Austria Diamond airplane manufacturing Co. limited invest $3,640,000 dollars (￥29,520,400 RMB) and has the 26% part of the registered capital.
II. Construction Scale and Content
Construct new workshop building and other facilities on the basis of workshop building of 28,700m2, and reach the production capacity of 500/y.
III.Construction Condition
The Diamond Airplane Manufacturing Project has passed the approval by ESAS and got the POA file. The water, electricity, communication and other infrastructure and the condition of flight-test are all ready.
IV. Preparations for the Project
The approvals of land and environment are ready.
V. Market Analysis
The production equipments and technique of Diamond DA40 series plane are supplied by Austria diamond airplane manufacturing Co. Ltd. The diamond DA40 type airplane is advanced, economic and competitive in the domestic and international market. The company adopts advanced compound material and aviation meter product technique to produce light plant. This mode can promote the design of the local aviation manufacturing, produce and manage level, also can develop of the general aviation industry in China.
VI. Cooperation Yype
Transfer the interest of China part by attracting investment or add investment.
VII. Benefit Analysis
As the agreement of China part and Austria part, from the first year and tenth year after the company goes into production, the company sells back to Austria Diamond Company 200 planes every year; and Austria part will send the order of 110 planes of Asian and Pacific regions.The income of this project will be ￥400 million RMB and the profit will be ￥64,110,000 RMB every year.
Shandong Binzhou Dagao Aviation Industry Park
Mr. Li Tao
Tel：0543-7611166 Fax：0543-7611166 Mobile：（0）13210714688
E-mail：bz-aviation@hotmail.com
Brief Introduction of Ship building and Specialized Ship Parts Market Project of Beihai New Area
I. Unit Overview
Binzhou Western Harbor Management Committee in Beihai New Area owns fixed assets valuing RMB 20 million Yuan and 60 staffs, with an annual throughput of 1.2 million tons. Its annual sales revenues have reached RMB 15 million Yuan, with profit and tax revenues of RMB 2 million Yuan and an asset/debt ratio of 17%.
II. Construction Size of Major Contents of the Project
The project content includes construction of general assembly line of ships, development of ship supporting industry, promotion of social coordination of secondary auxiliary products of key ship equipments and interim products and research, development and production of ship supporting products such as small and medium-sized ship shaft systems and rudder systems, deck machines and anchoring machines etc. By 2010, Binzhou’s ship-building capacity will reach 1.2 million deadweight tons, its output value of ship-building and supporting industry will hit RMB 23 billion Yuan, and sales revenues will touch RMB 23 billion Yuan and tax and profit revenues will arrive at RMB 1.7 billion Yuan. Till then, a manufacture base of small and medium-sized ships in North China will be preliminarily set up.
Besides, the project content also includes construction of a market specialized in operating, maintaining, repairing and processing ship auxiliary products such as ship spare parts, deck equipments, anchor devices, rudder and steering gear, instruments and meters, navigation system and rescue equipments etc., construction of a processing and distribution center of raw materials such as steel pates, other steel products, pipes, cable, coatings and glass fiber for ship use and construction of supporting facilities including business office, catering and leisure and entertainment facilities. This market is located in the center of centralized area for ship-building projects, with a planned land area of 330 thousand square meters.
III. Construction Conditions
The project site has been well facilitated with all construction conditions including transportation, water, electricity and telecommunications etc.
IV. The Progress of Pre-project Works
The feasibility study report and planning have been completed.
V. Market Survey and Analysis
It can be observed from global ship markets that with the shift of global ship-bulding center, a trend of shift of ship building and maintenance industry to Japan and Korea is increasingly obvious. As for China’s domestic ship market, China’s ship output reached more than 12 million dead weight tons in 2006, orders of over 60 million dead weight tons were available to ship makers and most ship-building orders will be executed after 2010. Thus it can be seen that now China inland ship-building industry has started a new round of fast growth. Because ship-building industry is characterized by involving a wide range of areas, strong driving force, high centralized degree and high professional level etc. and greatly depends on its supporting industries, so it is very imperative to build specialized markets for ship components in an effort to provide powerful matching support for ship-building industry in the context of fast expansion in ship-building industry size.
VI. Investment Budget Estimate and Capital Raising
The estimated total investment in this proiect is RMB 1.1 billion Yuan. Self-raised funds are RMB 300 million Yuan and RMB 800 million Yuan foreign capital will be expected.
VII. Benefit Analysis
After the project is completed, it is estimated that sales revenues will reach RMB 3 billion Yuan and profit and tax revenues will touch RMB 600 million Yuan.
VIII. Cooperation Form
Sole foreign proprietorship, sino-foreign equity joint venture or sino-foreign cooperative joint venture
Contact：Yanbo Qiu Tel（fax）: 0086-0543-6573116
E-mail：binzhou_port@163.com Address：Binzhou Habor Western Harbor Management Committee
Introduction to the Project of Wind Power Generating Equipment of Shandong Changxing Group Co., Ltd
I. Enterprise Profile
The total assets of Shandong Changxing Group. Limited is 2 billion yuan and the fixed assets is 1.3 billion yuan. The main products of the company include vacuum couch, vacuum press roll, vacuum pick and so on that serve as the key parts of paper manufacturing machines. In 2007, the sales income of the company was 3 billion yuan and the profit tax was 450 million yuan.
II. Construction Scale and the Main Construction Contents
The project will have an annual output capacity of producing 500 sets of wind power generating equipment, including 250 sets of 1000 kilowatts equipment, 100 sets of 3000 kilowatts equipment and 150 sets of 5000 kilowatts equipment. The newly built workshop building and auxiliary equipment will be 127 thousand square meters and 126 sets of equipment will be installed.
III. Construction Conditions of the Project
All the construction conditions such as transportation, water, power, natural gas, communication and so on have been satisfied.
IV. Progress of the Prophase Work of the Project
The prophase work of the project such as land, environmental assessment, project examination and approval and so on have been completed.
V. Market Analysis
According to our investigation, in the “Eleventh Five-Year Plan”period, our nation intends to build 30 wind power generating projects that are of 100 thousand kilowatts in capacity. In the coming two years, the annual increasing speed of the newly added installed capacity of domestic equipment will be about 60-70%. Therefore, the overall prosperity of wind power generation industry is very bright.
VI. Investment Estimation and Capital Source
The overall investment of the project is 645.42 million yuan. Fund raising of the project: self-raised fund: 345.42 million yuan, foreign fund, 300 million yuan.
VII. Project Benefit Analysis
After the project is put into use, it is estimated that the newly added operating income can be 5.55556 billion yuan and the profit tax will be 583.62 million yuan. The rate of return on investment is 41.23%,the pre-tax internal rate of return will be 84.62% and the pre-tax investment payback period will be 3.92 years.
VIII. Cooperation Mode
Joint venture or cooperation
Legal representative：Sun Ruifang Contact person：Zhu Yuguo
Contact Number：0543-4856218 0543-4856225（Fax）
Address：Changshan Town，Zouping County，Shandong Province
Brief Introduction of Large Wind-generator Set Industrialization Project of Shandong Guofeng Wind-generator Equipment Co., Ltd.
I. Company Overview
Shandong Guofeng Wind Generator Equipment Co., Ltd. was established in March 2007 with a registered capital of RMB 4.9 million Yuan and a land occupation area of more than 60 thousand square meters. Now, the company owns 84 staffs, among whom 11 are senior level employees, 20 are medium level employees and 46 have above-college education background. The company is equipped with advanced technology and technology research and development center, and holds intellectual property rights of world-class production technology of 1500kw large wind-generator set.
II. Construction Size of Major Contents of the Project
The project contents include construction of production lines and supporting facilities such as workshops and offices of 40 GF77 1,500KW wind-generator sets, 40 GF77A 1,650KW wind-generator sets, 40 GF82 1,500KW wind-generator sets, 40 GF77B 1,500KW angle type axial wind-generator sets and 40 GF90 3,000KW angle type axial wind-generator sets.
III. Construction Conditions
The project site has been well facilitated with all construction conditions including transportation, water, electricity and telecommunications etc.
IV. The Progress of Pre-project Works
The pre-project works including environmental impact assessment, project proposal& confirmation and land use procedures have been completed.
V. Market Analysis
The project conforms to the State’s industrial policies on speeding up the exploitation and use of renewable energy and energy-saving policies of the State and Shandong Province, and it is one of key industries advocated by the State. The implementation of the project helps to expedite domestic technology innovation and reduce the gap between China’s wind-generator set production technology and wind-generator set production technology overseas, and at the same time it can drive the development of wind-generator set and related industry and contribute to the change of the situation of lack of wind-generator sets and long-term reliance on import in China.
VI. Investment Budget Estimate and Capital Raising
The estimated total investment in the proiect is RMB 210 million Yuan, among which RMB 124 million Yuan is invested in construction and RMB 77 million Yuan is initial working capital. Self-raised funds are RMB 90 million Yuan and RMB 120 million Yuan foreign capital will be expected.
VII. Benefit Analysis
It is estimated that annual sales revenues will reach RMB 1.87 billion Yuan, tax and profit revenues will arrive at RMB 322 million Yuan and profit after tax will reach RMB 157 million Yuan. The project will play a very important role in expediting the exploitation of wind power resources around the Bohai Sea and driving the development of advanced manufacturing industry, and it helps to tackle labor employment issue and bring obvious economic and social benefits.
VIII. Cooperation Form
Sino-foreign equity joint venture or sino-foreign cooperative joint venture
Legal Representative：Sun Guohua Contact：Sun Guohua Tel：0086-543-2158338
Address：Wudi County Industrial Park，Shandong Province Postal Code：251900
Designing and Manufacturing of RFID Label and Reader/Writer Project of Binzhou CF-MDT Electronics Co., Ltd.
Ⅰ. Company profile
Binzhou CF-MDT Electronics Co., Ltd. is a high-tech company that was established by Shandong Chuangfeng Jin’an Information Technology Co., Ltd. and Malaysia Xianshi Technology Co., Ltd jointly. With total assets 40 million RMB Yuan and registered capital 20 million RMB Yuan, the company mainly engaged in producing RFID products, including chips, application system software and so on, and has strong technical strength.
Ⅱ. Construction scale and contents
(1) To establish RFID wireless design institution and standardization & testing center of electron Label；
(2) To build 3 production lines of RFID Label (2 lines of high-frequency and 1 line of ultra-high-frequency) with an annual output of 50 million RFID labels;
(3) To build a production line of Reader/Writer with an output of 10,000 per year.
(4) To build a 20000 m2 plant and office furniture in Binzhou RFID Industrial Park.
Ⅲ. Construction conditions
Convenient traffic, complete water, electricity, gas, telecommunication and other infrastructures, and sufficient raw materials.
Ⅳ. Initial process
The project has been put on record in the provincial development and reform committee with authorized provincial environment assessment and programmed land of about 573620 m2. Binzhou RFID Industrial Park is a park of provincial level, possessing two plants of 50,000 m2 and auxiliary service furniture. The company is seeking a partner and preparing to construct electronic label and Reader/Writer production line.
Ⅴ. Market analysis
China has the largest RFID potential market all over the world. Our RFID market scale has already surpassed 1.2 billion RMB Yuan, in which electronic label market occupies 933 million RMB Yuan. In future 2-5years, the capacity of electronic label market will reach to 3 billion with broad market prospect.
Ⅵ. Investment estimate and fund resources
Total investment of the project is 80 million RMB. The company has 20 million RMB itself, and use 60 million RMB foreign investment.
Ⅶ. Electronic and social benefit analysis
When the project is completed and put into operation, the annual income will reach to 200 million RMB ，and annual profit will reach to 47.8 million RMB, which will be a preferable benefit.
Ⅷ. Cooperation mode
Cooperation or joint-venture.
Legal representative：Wang Yamin Contact person：Lv Zhigang
Telephone：0543-2211758 Postcode：256606
Address：1201 Rome in Zhonghai Mansion on the 18th Bohai Street，Binzhou Economic Development Zone，Shandong Province
Solar Industry City Project of Shandong Sanzhou Solar Co., Ltd.
Ⅰ. Company profile
Shandong Sanzhou Solar Co., Ltd. is primarily engaged in the manufacture of solar polycrystalline silicon piece, solar cell piece, solar module and so on. The company possesses registered capital 26 million RMB Yuan. It adopts the advanced foreign mature production technology and scientific management methods to reduce development and production costs and improve competitiveness in the market at home and abroad in the field of solar energy.
Ⅱ. Construction scale and contents
Solar cell production line, with annual output 50WM, mainly produces solar polycrystalline silicon piece, solar cell piece, solar module, as well as the s intermediates and so on.
Ⅲ. Construction conditions
This project is located in the west of Binbo expressway, with convenient traffic, complete water, electricity, gas, telecommunication and other infrastructures.
Ⅳ. Initial Process
The Feasibility Study is already finished and the primary programming is under going. The project is to be started in the first half of 2008.
Ⅴ. Market analysis
In the 10 years between 1994 and 2004, solar industry all over the world increased by 17 times. In 2005, total output is 1656MW, grows up 38.7 percent year-on-year, total installed generating capacity has more than 5 GW. In 2005, PV market reaches to 1460 MW, grows up 34 percent year-on-year. In 2010, the output of solar cell will reach to 4.5 GW. Between 2006 and 2010, the demand of PV industry will grow at the rate of about 23.8 percent yearly.
Ⅵ. Investment estimate and fund resources
Total investment of the project is 600 million RMB Yuan, with capital assets 460 million RMB Yuan. The company has 300 million itself and use 300 million foreign investment.
Ⅶ. Benefit analysis
When the project put into production after three years, the annual income will reach to 1200-1500 million RMB Yuan, with 2 years recoupment period.
Ⅷ. Investment mode
Joint-venture, cooperation.
Contact person：Ma Ke，Bureau of Investment Promotion，Binzhou Economic Development
Zone
Telephone（Fax）：0543-3183607 E-mail：investbinzhou@163.com
High-performance Engine Crankshaft Casting and Machining Production Line Project of Binzhou Haide Crankshaft Co., Ltd.
Ⅰ. Company profile
Binzhou Haide Crankshaft Co., Ltd. is a backbone company in vehicle parts industry which mainly manufactures engine crankshaft and nodular cast iron with more than 40 years history and high reputation both at home and abroad. The company now possesses 1,100 employees and 330 million Yuan total assets. With ISO 9001, ISO/TS16969 Quality System Certification, the company was awarded as one of the China’s Top 100 SMEs of Most Valued Brand in 2006. In addition, the surface rolling core technology obtained the China Vehicle Integration Innovation Award. Products of the company are awarded the provincial quality management & product quality prize, becoming the free-inspection product. The company ranks in the top five and the brand ranks second of this industry.
Ⅱ. Construction scale and content
One new production line of 1 ton nodular cast iron and 5 production lines of crankshaft machining. The annual output of these production lines will reach 200,000 crankshafts. The main content is to build workshop, purchasing production line equipment of casting & machining.
Ⅲ. Construction conditions
The raw material required for the project is mainly pig iron sufficiently supplied from our province or Henan province. Binzhou Economic Development Zone is where the company located with abundant water and power supply which is required by the project.
Ⅳ. Initial Process
The project has been approved and put on record with Land Utilization Certificate (certificate No.: ［2007］K1406～9) as well as environmental assessment.
Ⅴ. Market analysis
Upon its production, the sales revenue will be 179.45 million Yuan by producing 250,000 crankshafts and 15,000 tons of castings which are sold to Great British, South Korea, America and Germany. The exports account for 50% of the total output which values 66.5% of the total turnover. The market prospect is bright.
Ⅵ. Investment estimates and fund resources
The total investment of the project is 100 million Yuan including fixed investment of 95 million Yuan. The self-financing amounts to RMB 30 million Yuan and the other 70 million Yuan is obtained by investment.
Ⅶ. Benefit analysis
The construction period is one year. Upon its completion, the project will create an annual added sales value of 100 million Yuan and added profit of 39.55 million Yuan. Meanwhile, 416 employment opportunities will be provided. Therefore, the project will have good economic and social benefits.
Ⅷ. Cooperation mode
Joint venture, cooperation
Add：Haide Crankshaft Industrial Park，No.3 Changjiang Road，Binzhou Economic Develop
ment Zone
Contact：Ding Jie（13905438018） Zhang Liping （13336285518）
Fax：0543-3402808 P.C.：256606
Shandong New Ankai Drive & Technology Inc. Introduction to the Mechanical Engine Parts Processing and Production Line
I. Enterprise Profile
At present, the total assets of Shandong New Ankai Drive & Technology Inc. is 400 million yuan and more than 500 employees are working for it. The annual output of aluminium alloy ingot is 25000 tons, and that of aluminium alloy diecastings is 7200 tons and gearbox, clutch shell, etc., 2.6 million sets. In 2006, the sales income was 494 million yuan and the profit tax was 130 million yuan. In 2007, the sales income was 660 million yuan and the profit tax was 190 million yuan. The asset-liability ratio is 38%.
II. Construction Scale and the Main Construction Contents
The project will have the capacity of producing 2.6 million sets of gearbox and clutch shells. The newly built workshop is 10000m2 and 330 sets of equipment are newly purchased.
III. Construction Conditions of the Project
All the construction conditions such as transportation, water, power, natural gas, communication and so on have been satisfied.
IV. Progress of the Prophase Work of the Project
The prophase work of the project such as land, environmental assessment, project examination and approval and so on have been completed.
V. Market Analysis
At present, the main clients of the company include a lot of famous and outstanding enterprises Qingdao Haier International Trade Co., Ltd., Jinan Qingqi Motorcycle Co., Ltd., Zhuzhou Gear Factory, SAIC-GM-Wuling Automobile Co., Ltd., Chery Automobile, Jiangling Automobile, Nantong Nonferrous Metals Co., Ltd., Geely Automobile and so on. With the internationalization of New Ankai, our products have been exported to Japan and Israel. So far, our company has set up the sales and service systems in dozens of large and medium sized cities so that our products can take more than of more than 30% of market share in the whole industry.
VI. Investment Estimation and Capital Source
The overall investment of the project is 85 million yuan, in which 72 million yuan will be fixed assets investment. Fund raising of the project: self-raised fund: 35 million yuan, foreign fund, 50 million yuan.
VII. Project Benefit Analysis
After the project is put into use, the annual newly increased sales income will be 487.7 million yuan and the profit tax will be 97.53 million yuan. As a result, this project has very good economic and social benefits.
VIII. Cooperation Mode
Joint venture or cooperation
Legal representative：Liu Ankai Contact person：Wu Xuemeng
Contact Number：0543-4579222 Fax：0543-4579566
Address：Qingyang Town，Zouping County，Shandong Province
Website：http：//www.xak.com.cn
Introduction to the Steel Rolling Technology Improvement Project of Shandong Xiwang Group
I. Enterprise Profile
Shandong Xiwang Group Co., Ltd. takes advanced processing of agricultural products and steel as its mainstay. The overall assets of the company is 7.838 billion yuan and it mainly produces steel products, starch, starch sugar, corn oil and so on. In 2006, the sales income of the company was 6.44 billion yuan and the profit tax was 518 million yuan, in 2007, the sales income was 10.514 billion yuan and the profit tax was 727 million yuan. On December 9, 2005, the company was listed in Hongkong and in the May of 2006, it was clowned as the “Capital of China”.
II. Construction Scale and the Main Construction Contents
Originally, the project has two 50 tons of common arc furnace, one 50 tons of LF ladle refining furnace and one 30 tons of GOR refining converter. They were removed and reformed into the present one 80 tons of Ultra High Power Arc Furnace (UHPAF), one 80 tons of LF ladle refining furnace and one 60 tons of GOR refining converter.
III. Construction Conditions of the Project
All the construction conditions such as transportation, water, power, natural gas, communication and so on have been satisfied. The raw materials of alloies such as steel scrap, pig iron, silicon iron, ferromanganese as well as lime, fluorite, etc., and so on are adequate on the market.
IV. Progress of the Prophase Work of the Project
The prophase work of the project such as land, environmental assessment, project examination and approval and so on have been completed.
V. Market Analysis
According to our analysis, the demand to the special steels such as ball bearing steel, alloy steel and so on of the domestic market will further increase. In addition, the special steel products of Xiwang Group has the relative geographical advantage when being launched on the market.
VI. Investment Estimation and Capital Source
The overall investment of the project is 218.30 million yuan, in which 178.16 million yuan will be fixed assets investment. Fund raising of the project: self-raised fund: 127.46 million yuan, foreign fund, 90.84 million yuan.
VII. Project Benefit Analysis
The construction period of the project will be 1.5 years. After the project is put into use, the estimated annual sales income will be 1.56 billion yuan, the annual profit tax can be 69.65 million yuan and the annual benefit will be 48.3 million yuan. The investment payback period is 6.04 years (pre-tax, including one year for construction) and the total rate of return on investment is 16.60%.
VIII. Cooperation Mode
Joint venture or cooperation
Contact person：Wang Chengqing Contact Number：0543-4866788
Address：Xiwang Industrial Park，Zouping County
Email：wangchenqing@xiwang.com.cn Website：http：//www.xiwang.cn
Introduction to the Medium (High) Density Fibreboard Project of Qixing Group Co., Ltd.
I. Enterprise Profile
Qixing Group Co., Ltd. is a large enterprise group that is characterized by many operation fields and takes electric power as its mainstay. The registered capital of the company is 245 million yuan and the total assets is 6.8 billion yuan. At present, the company has more than 4000 employees. In 2005, the sale income was 3.54 billion yuan and the profit tax was 496 million yuan, in 2006, the sales income , was 4.534 billion yuan and the profit tax was 714 million yuan, in 2007,the sales income of the company was 6.244 billion yuan and the profit tax was 882 million yuan. Furtheremore, the company was rewarded the “National May Day Labor Award”.
II. Construction Scale and the Main Construction Contents
The project will produce 220 thousand m3 of medium (high) density fibreboard. The building area is 160 thousand square meters and 77 sets of equipment will be installed, including 19 sets of imported equipment.
III. Construction Conditions of the Project
All the construction conditions such as transportation, water, power, natural gas, communication and so on have been satisfied.
IV. Progress of the Prophase Work of the Project
The prophase work of the project such as land, environmental assessment, project examination and approval and so on have been completed.
V. Market Analysis
The products are widely used in the fields as furniture manufacturing, present packing box, construction, interior decoration, decoration of cars and ships as well as be made into the shells of domestic appliances. So the market demand must be enormous.
VI. Investment Estimation and Capital Raising
The overall investment of the project is 290 million yuan, in which 288 million yuan will be fixed assets investment. Fund raising of the project: self-raised fund: 120 million yuan, foreign fund, 170 million yuan.
VII. Project Benefit Analysis
After the project is put into use, the annual sales income will be 462 million yuan and the profit will be 95.16 million yuan. So, it will bring very good economic, social and environmental benefits.
VIII. Cooperation Mode
Joint venture or cooperation
Legal representative：Zhao Changshui Contact person：Guo Fang
Contact Number：0543-4301051 Fax：0543-4301054
Address：Zouping Economic Development Zone，Shandong Province
Website：http：//www.qx-group.com
Brief Introduction of the Second-period Project of Marine Ecological Shell Porcelain Project of Shandong Pearlshell Porcelain Co., Ltd.
I. Company Overview
Shandong Pearlshell Porcelain Co., Ltd., located in Wudi Industrial Park of Shandong Province, is a Nation-level key high-tech enterprise and an undertaker to National Torch Plan Project. Its top-level marine shell porcelain which takes marine renewable shell sand as major raw materials has obtained national invention patent, the second prize of National Technology Invention Awards and the gold prize in International Exhibition of Inventions, and it was granted with the title of “National-level Key New Product”, “Shandong Provincial Famous Brand” and “National Free-inspection Product”.
II. Construction Size of Major Contents of the Project
The project aims at building a production line with an annual output of 10 million pieces of marine ecological shell porcelain. This production line includes civil engineering with an area of 19,300 square meters,3 natural gas-fired tunnel kilns, 223 sets of outsourced equipments and 350 sets of self-made equipments.
III. Construction Conditions
The project site has been well facilitated with all construction conditions including transportation, water, electricity, gas and telecommunications etc.
IV. The Progress of Pre-project Works
The pre-project works including environmental impact assessment, project proposal& confirmation and land use procedures have been completed.
V. Market Forecast and Analysis
There is a general trend in current global household porcelain market that medium and top-level porcelain products are in heavily short supply. The production of household porcelain is increasingly falling off in some developed countries, and these countries gradually become importers of top-level porcelain not exporters, so that provides a good opportunity for market share growth of marine shell porcelain. The improvement of people’s living standard, their transition of consumption concept and the soaring development in China’s budget hotels will contribute to fast development of household porcelain industry, especially top-level household porcelain industry. According to market survey, China’s current annual demand for top-level household porcelain hits about 300 million pieces and annual demand for gift porcelain reaches about 10 million sets (about 200 million pieces), annually increased by at least 20%. However, China’s domestic annual top-level porcelain output is less than 60 million pieces. Thus there is a huge market space and a promising market prospect.
VI. Investment Budget Estimate and Capital Raising
The estimated total investment in this project is RMB 99.77 million Yuan. Self-raised funds are RMB 20 million Yuan and RMB 79.77 million Yuan foreign capital will be expected.
VII. Benefit Analysis
After the project is put into production, annual sales revenues will increase by RMB 120 million Yuan and annual tax and profit revenues will increase by RMB 27.6 million Yuan. Besides, it can provide 280 job opportunities for unemployed people and helps to drive the effective development of related industries.
VIII. Cooperation Form
Joint venture or sino-foreign cooperative joint venture
Legal Representative: Guo Chunsen Contact: Wang Jinfeng
Tel: 0086-543-6361186 Postal Code: 251900
Address: Wudi County Industrial Park