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

Ser. No: 035 Industry: Electronics
March, 2001
Project Title
Computer Interface
Cooperation
Form
Joint Venture

Project
Description

ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
The scale of production: an annual output of 200,000 sets of computer interface.
Computer network interface is the wiring rack, module, and other series products, which are composed of the high-precision & fine-quality circuit panel, electronic components and devices, plastic parts, and connectors. It is the important element required for the computer network project. With the extensive application of computers, the interface has broad prospects of development. The project is intended to extend the scale of production on the basis of the existing production and marketing, enhance products in quality and grade, and open up further the overseas and domestic channels for sales by the introduction of fund, technology, equipment and brand.
It is predicted that the annual sales income would be 55 million yuan with the annual profit of 13 million yuan.

Equipment Tobe Importedand Rawmaterials to Be Supplied

Intended to import the projection test instrument and ultrasonic soldering set. Raw materials will be purchased from the General Electrical Corporation and AMP Corporation in USA.

Estimated Investment and Benefit Analysis

Total
Investment
USD
3 million
Registered
Capital
USD
2.2 million
Annual
Salesincome
RMB 55 million
Investment Form of Foreign Partner
Annual
profit
RMB 13 million
Cash
Technology
Equipment
Brand
Others
Internal
Rateof
Recovery
40 percent
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Recovery
Periodof
Investment
2 years

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

Cixi Changsheng Interface Co.,Ltd., a stock firm, has the gross assets of 12 million yuan. The building contains 2300 gross square metres of space. It employs 50 workers and staff members, including 6 engineers and technicans. Its main products include connectors and copper products. They are received at Shanghai, Shenzhen,Beijing,etc. In 2000, its annual sales income hit 13 million yuan with the annual profit of 2.3 million yuan.
Location Advantage
The project site is about 75Km from Ningbo airport, 5Km from Cixi train station for freight, 8Km from Hangzhou-Ningbo Expressway, and 70Km from Beilun Port.
Process of The Project
The land were requisitioned for 15,000 sq.m.
Document
Savailable
The description of the project
Chinese Partner to Contact
Cixi Changsheng Interface Co.,Ltd.
Person to
Contact
Zou Qingliang
Address
Zonghan Industry Development Zone, Cixi, Zhejiang, China
Post Code
315301
Telephone
0086 - 574 - 63451568
Fax
0086 - 574 - 63881469
E-mail
-
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