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

Ser. No: 032 Industry: Electronics
March, 2001
Project Title
Chips for Light-emitting Diode(LED)
Cooperation
Form
Joint Venture or Cooperation

Project
Description

ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
The scale of production: an annual output of 300 million pcs of ultrahigh-brightness LED chip coloured with the red, orange and yellow.
All of the LED chips required for the packaging factories in the country are now depending on importation. They are mainly applied to all-colour display panel, troffic pilot lamp and signal indicator. In the coming years, the requirements for them are increased at a rapid pace in the country, with the annual requirement of about 5 billion pcs, thus resulting in broad prospects of market. The project is intended to introduce key equipment and technology for production by means of joint venture.

Equipment Tobe Importedand Rawmaterials to Be Supplied

Intended to import the electronic beam evaporator, slicer, slice-extending apparatus, soft-contact photoetching set, test instruments, etc..

Estimated Investment and Benefit Analysis

Total
Investment
USD
6 million
Registered
Capital
USD
5 million
Annual
Salesincome
RMB 90 million
Investment Form of Foreign Partner
Annual
profit
RMB 15 million
Cash
Technology
Equipment
Brand
Others
Internal
Rateof
Recovery
30 percent
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-
Recovery
Periodof
Investment
3.75 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