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

Ser. No: 029 Industry: Electronics
March, 2001
Project Title
Nd-Fe-B Permanent Magnetism Materials
Cooperation
Form
Joint Venture

Project
Description

ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
The scale of production: an annual output of 1,000 tons of Nd-Fe-B permanent magnetism material.
Nd-Fe-B permanent magnetism material is the morning sun-like industrial sector with the high trchnology. Since it came out in 1983, it has been increased at the annual average growth rate of 30 to 40 percent. Its products are widely applied to such high-tech fields as microcomputers, mobile phones, nuclear magnetic resonance, magnetic suspension train, and automatic highway. Our Nb-Fe-B production has accounted for 40 percent of the whole in the world, half of which are made up by Ningbo. With the expiration of American and Japanese patents, our Nb-Fe-B sector will have broad prospects of market by means of our rich resource of rare earth.
It is predicted that the annual sales income would be 100 million yuan with the annual profit of 20 million yuan.

Equipment Tobe Importedand Rawmaterials to Be Supplied

Intended to import the magnetic-field press for the high-performance permanent magnetism materials from Japan, Germany or USA. Main raw materials such as neodymium, dysprosium, ferro-boron and pure iron are all available in the country.

Estimated Investment and Benefit Analysis

Total
Investment
USD
10 million
Registered
Capital
USD
5 million
Annual
Salesincome
RMB 100 million
Investment Form of Foreign Partner
Annual
profit
RMB 20 million
Cash
Technology
Equipment
Brand
Others
Internal
Rateof
Recovery
20 percent
¡Ì
¡Ì
¡Ì
-
-
Recovery
Periodof
Investment
4.5 years

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

Ningbo Jinji Nb-Fe-B Strong Magnetism Material Co.,Ltd., a limited liability company, has the gross assets of 40 million yuan, including about 20 million yuan in the fixed assets, of which land is excluded. Its present main product is the sintered Nb-Fe-B permanent magnetism materials, with the maximum size of 162mm multiplied by 162mm and 5mm. The single moulding technology for moulds and the radiation oriented magnetic ring technology which are pioneered in the country were applied for the patents. At present, our company can turn out N42 magnetic rings in batches with an annual output of 400 tons. It boasts the complete equipments and 1000 KVA power distribution system. Our products are much appreciated from all businessmen and have won the authentication of TUV from Germany.
Location Advantage
The factory site is 30Km from Beilun port, 5Km from Hangzhou-Ningbo Expressway, 10Km from Lishe airport and 5Km from the train station. Water, power and gas are available.
Process of The Project
Feasibility study is now under way.
Document
Savailable
The description of our company
Chinese Partner to Contact
Ningbo Jinji Nb-Fe-B Strong Magnetism Material Co.,Ltd.
Person to
Contact
Li Zhengqiang
Address
5, Hecheng Road, Jiangdong District, Ningbo, China
Post Code
315040
Telephone
0086 - 574 - 87888124
Fax
0086 - 574 - 87888124
E-mail
strong@jjmagnet.com
Website
www.jjmagnet.com

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