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

Ser. No: 025 Industry: Electronics
March, 2001
Project Title
Optoelectronic Devices for the Optical Communication System
Cooperation
Form
Joint Venture

Project
Description

ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
The scale of production: an annual output of 700,000 pcs of narrow-band optical filters and 300,000 pcs of optical-coupled lens.
The products of the project are the passive solid-state devices for the optical communication system and belong to the high-tech ones for the optical communication and transmission system. At present, only in USA, Japan, France and Taiwan region, can they be produced. They enjoy a ready market. The project is intended to be divided into two phases. At the first phase, the investment will be made for 2.8 million US dollars, with the annual output of 100,000 pcs of the narrow-band optical filters. And at the second phase, the expected output will be reached.
It is predicted that the annual sales income would be 150 million yuan with the annual profit of 30 million yuan.

Equipment Tobe Importedand Rawmaterials to Be Supplied

Intended to import the special film coating apparatus for the optical communication system for 3 to 5 sets and test instruments for 10 sets. Main materials are available in the country.

Estimated Investment and Benefit Analysis

Total
Investment
USD
15 million
Registered
Capital
USD
10 million
Annual
Salesincome
RMB 150 million
Investment Form of Foreign Partner
Annual
profit
RMB 30 million
Cash
Technology
Equipment
Brand
Others
Internal
Rateof
Recovery
20 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 Yongxing Optical Instruments Co.,Ltd., a high-tech enterprise, is mainly engaged in the production of educational instruments, medical instruments and devices for the optical communication system. There are 500 workers and staff members in the company. The gross assets are valued at 59 million yuan. Its main equipment includes the high-precision optical fine grinding miller, polishing machines, imported film-coating apparatus and imported test instruments. In the recent years, our company has been developing at a rapid pace in scale, and the technical intention of our products has been continuousely increased, thus leading to the increasingly cooperations with international corporations.
Location Advantage
Located at Ningbo High-tech Industry Park, the project depends on the downtown Ningbo. 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
The first-phase project is now under preparation.
Document
Savailable
The plan of the project
Chinese Partner to Contact
Ningbo Yongxin Optical Instruments Co.,Ltd.
Person to
Contact
Zhou Yenan
Address
2, Wangjin Road, Ningbo, China
Post Code
315010
Telephone
0086 - 574 - 87365737
Fax
0086 - 574 - 87362746
E-mail
yongxing@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