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

Ser. No: 023 Industry: Electronics
March, 2001
Project Title
The Packaged Integrated Circuits for Automobiles
Cooperation
Form
Joint Venture

Project
Description

ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
The scale of production: an annual output of 10 million pcs of integrated circuit and module for automobiles.
The electronics have occupied the lower proportion of the whole in the present domestic automobiles, and are applied only to a part of non-key apparatus. With the increase of production and the development of social demands, various integrated circuits and modules for the special purpose are gradually used for all functional systems of automobile, and will be in higher and higher ratio of electronics to the whole. It is estimated that the electronics of the country-made automobile accounted for about 30 percent of the whole cost in 2000, and that the turnover hit 6 to 15 billion yuan. The project is intended to be focused on the special integrated circuit package by the fund and technology introduction according to the development plan of the high-tech industry park.
It is predicted to make 140 million yuan in annual sales income with the annual profit of 42 million yuan.

Equipment Tobe Importedand Rawmaterials to Be Supplied

Intended to import part of equipment.

Estimated Investment and Benefit Analysis

Total
Investment
USD
20 million
Registered
Capital
USD
10 million
Annual
Salesincome
RMB 140 million
Investment Form of Foreign Partner
Annual
profit
RMB 42 million
Cash
Technology
Equipment
Brand
Others
Internal
Rateof
Recovery
15 percent
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Recovery
Periodof
Investment
4 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 upon the centre of city, and can enjoy the preferential policy of the high-tech industrial sector.
Process of The Project
To promote 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
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
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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