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

Ser. No: 038 Industry: Electronics
March, 2001
Project Title
Intelligent Safe Box and its Intelligent Lock
Cooperation
Form
Joint Venture

Project
Description

ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
The scale of production: an annual output of 150,000 sets of intelligent safe box and its intelligent lock.
The intelligent safe box and its intelligent lock are the products of electromechanical system, with hith technology and high added value. After they were jointh developed by our company with Zhejiang University in 1998, they have enjoyed a ready market, and were among new products in Ningbo in Nov.,1999. The company is intended to buy more key apparatus such as the multifunctional test instrument to extend the productive capacity of the intelligent safe box and intelligent lock and enhance the products in quality according to the analysis from the international and domestic markets.
It is predicted to make 100 million yuan in the annual sales income with the annual profit of 12 million yuan.

Equipment Tobe Importedand Rawmaterials to Be Supplied

Intended to import the processing equipment with aid of laser, and main raw materials.

Estimated Investment and Benefit Analysis

Total
Investment
USD
2.5 million
Registered
Capital
USD
1.75 million
Annual
Salesincome
RMB 100 million
Investment Form of Foreign Partner
Annual
profit
RMB 12 million
Cash
Technology
Equipment
Brand
Others
Internal
Rateof
Recovery
42 percent
¡Ì
-
¡Ì
-
-
Recovery
Periodof
Investment
3.5 years

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

Ningbo Yada Safety Apparatus Manufacturer, Inc., a stock firm, is mainly engaged in the development and production of the intelligent safety and precaution apparatus. Our company covers an area of 28,800 sq.m. with the construction of 15,800 sq.m.. Its fixed assets are valued at 45 million yuan. The company has boasted a lot of engineers and technicians rich in experience of machinery, electronics, material analysis, productive technology, and computer, as well as a number of engineers engaged in purchase, sales, management and quality control. Besides these, there are the first-ranking modern factory buildings, advanced equipment and fine productive technology in the company.
Location Advantage
A convenient transport service, perfect infrastructure and preferential policy provided.
Process of The Project
Seek for foreign investment.
Document
Savailable
Catalogue of our products
Chinese Partner to Contact
Ningbo Yada Safety Apparatus Manufacturer, Inc.
Person to
Contact
Fu Jun
Address
1, Hongyun Road, Fupin Economic Development Zone, Yuyao, Zhejiang, China
Post Code
315403
Telephone
0086 - 574 - 62777754
Fax
0086 - 574 - 62777052
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