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

Ser. No: 015 Industry: Electronics
March, 2001
Project Title
Integrated Circuit(IC) Packaging
Cooperation
Form
Joint Venture

Project
Description

ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
The scale of production: an annual output of 100 million pcs of the packaged integrated circuit.
Microelectronic integrated circuits are the basic components and devices for the electronic information industrial sector, and the nucleus of electronic sector as well. The Chinese semiconductor production is increased at an annual average growth rate of more than 25 percent. With the rapid development of electronic information industrial sector and household electric appliance industry, the requirements for integrated circuits are in more and more increase, with the result that the packaged integrated circuit production would have broad prospects of markets. The integrated circuit frames and discrete devices production in Ningbo have taken a lead in the country, thus forming the semiconductor devices production in a larger scale. This would provide a favourable condition and environment for the development of the packaged integrated circuits. The project is intended to introduce the advanced equipment and technology for export by 50 percent of the whole or for OEM business.
It is predicted that the annual sales income would be 780 million yuan with the annual profit of 66.4 million yuan.

Equipment Tobe Importedand Rawmaterials to Be Supplied

Intended to import 160 sets of equipment and instrument such as slicer, slice-mounting apparatus, line welder, plastic-packaging press, moulds, automatic tin-adhering machine, instruments and X-ray analyzer. Chips, frames and plastics are required to import to serve as adjuncts. Gold wires are available in the country.

Estimated Investment and Benefit Analysis

Total
Investment
USD
28 million
Registered
Capital
USD
20 million
Annual
Salesincome
RMB 780 million
Investment Form of Foreign Partner
Annual
profit
RMB 66.4 million
Cash
Technology
Equipment
Brand
Others
Internal
Rateof
Recovery
28 percent
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Recovery
Periodof
Investment
3.5 years

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

Ningbo Electronic Information Group Co.,Ltd., the state-owned firm, has the fixed assets of 180 million yuan. It covers an area of 1 million sq.m. with the construction of 704,200 sq.m., and employs 5200 workers and staff members. Its main products include the communication system, electronic components and devices, electronic materials, meters and instruments. Last year, the sales income hit 1.1 billion yuan with the net profit of 45 million yuan.
Location Advantage
The factory site is 30Km from Beilun port, 5Km from Hangzhou-Ningbo expressway, 10Km from Lishe airport and 5Km from train station. Water, power and gas are available.
Process of The Project
To promote foreign investment
Document
Savailable
Project proposal
Chinese Partner to Contact
Ningbo Electronic Information Group Co.,Ltd.
Person to
Contact
Ren Fengbo
Address
63, south Jiefang Road, Ningbo, China
Post Code
315010
Telephone
0086 - 574 - 87324829
Fax
0086 - 574 - 87292158
E-mail
neil@yeah.net
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