THE PROPOSED PROJECTS FOR INTERNATIONAL ECONOMIC
AND TECHNICAL COOPERATION IN NINGBO IN 2001

Ser. No: 011 Industry: Electronics
March, 2001
Project Title
8-inch Chips for Semiconductor Integrated Circuits
Cooperation
Form
Joint Venture

Project
Description

ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
The scale of production: an annual output of 200,000 pcs of 8-inch chips for integrated circuits(IC) with a width of 0.8¦Ìm.
Our integrated circuit industry lagged behind that of foreign countries. The requirements for it were 10 billion pcs in the domestic market in 2000, but the IC chips production was only 1 to 1.2 billion pcs. Since the production technology for the 0.5¦Ìm-class cores is highly required, they fall short of the demand in the domestic market. The semiconductor devices have been produced for over 20 years in Ningbo. The output of the discrete devices have accounted for about 30 percent of the whole in the country. The project will cover an area of 40,000 sq.m. with the construction of 15,000 sq.m.. The duration of construction would be one year.
It is predicted that the annual sales income would be 1.245 billion yuan with the annual profit of 124.5 million yuan.

Equipment Tobe Importedand Rawmaterials to Be Supplied

Intended to import key equipment.

Estimated Investment and Benefit Analysis

Total
Investment
USD
45 million
Registered
Capital
USD
23 million
Annual
Salesincome
RMB1.245billion
Investment Form of Foreign Partner
Annual
profit
RMB124.5million
Cash
Technology
Equipment
Brand
Others
Internal
Rateof
Recovery
21 percent
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-
Recovery
Periodof
Investment
3 years

Present Status of Chinese Partner(Current Ownership, Total Assets and Fixedassets, Present Products and Sales, Present Equipment Andtechnology and Facilities, etc.)

Ningbo High-tech Industry Park is jointly developed and constructed by the Academy of Science of China and Ningbo People's Government. The Economic Development Bureau of Ningbo High-tech Industry Park takes charge of the high-tech development plan and its implementation in the park, foreign-funded firm establishment, and foreign economic cooperations.
Location Advantage
The site for the project depends on the city proper. It is 15Km from Beilun Port, 6Km from Hangzhou-Ningbo expressway, 18Km from Lishe airport, and 7Km from Ningbo train station. It can enjoy the preferential policy on the high-tech industrial sector. Water, power and gas are available there.
Process of The Project
Foreign investment is welcome.
Document
Savailable
The description of the project.
Chinese Partner to Contact
The Economic Development Bureau of Ningbo High-tech Industry Park
Person to
Contact
Wang Weidong
Address
599, Jiangnan Road, Ningbo, China
Post Code
315040
Telephone
0086 - 574 - 87906140
Fax
0086 - 574 - 87906804
E-mail
edbip@mail.nbptt.zj.cn
Website
-

Municipal Liaison Department: Ningbo Municipal Commission of Foreign Trade and Economic Cooperation
(Ningbo foreign Investment Development Board)
Address: 190 Lingqiao Road, Ningbo 315000, P.R.China
Telephone: 86-574-87327023(Information Liaison Dept.), 87315735(The First Sector Dept.), 87310671(The Second Sector Dept.)
Fax:86-574-87315992, 87327429
E-mail: xmb@ningbochina.com
Website: www.ningbochina.com