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

Ser. No: 017 Industry: Electronics
March, 2001
Project Title
Back Projector
Cooperation
Form
Joint Venture

Project
Description

ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
The scale of production: an annual output of 30,000 sets of back projector.
The back projector of the project is 50 inches for the screen. Its main specifications are mainly as follows: more than 600 cd/m2 for brightness,SVGA and XGA resolutions, better than 150:1 for contrast, and all-coloured. It is intended to introduce foreign funds and brand. The key technology will be provided by a famous university. The liquid crystal projection television manufacturer will be set up together with the electrical firm and TV set factory in particular. At the early stage, the joint venture will have an annual output of 30,000 sets, and the ultimate production will hit 100,000 sets annually. The back projectors of joint venture will be mainly received at home, and a part of them will go to the international market.
It is predicted that the annual sales income would be 400 million yuan with the annual profit of 80 million yuan.

Equipment Tobe Importedand Rawmaterials to Be Supplied

The key technology is available in the country.

Estimated Investment and Benefit Analysis

Total
Investment
USD
26 million
Registered
Capital
USD
15 million
Annual
Salesincome
RMB 400 million
Investment Form of Foreign Partner
Annual
profit
RMB 80 million
Cash
Technology
Equipment
Brand
Others
Internal
Rateof
Recovery
25 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
Located at Ningbo High-tech Industry Park, the site for the project depends on the centre of Ningbo, 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
Seek for foreign investment.
Document
Savailable
The description of the project.
Chinese Partner to Contact
The Economic Development Bureau of Ningbo High-tech Industry Park
Person to
Contact
Li Yongjian
Address
599, Jiangnan Road, Ningbo, China
Post Code
315040
Telephone
0086 - 574 - 87906734
Fax
0086 - 574 - 87906804
E-mail
edbip@mail.nbptt.zj.cn
Website
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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