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

Ser. No: 040 Industry: Electronics
March, 2001
Project Title
Power Transformer and Automatic Door-opening Set
Cooperation
Form
Joint Venture

Project
Description

ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
The scale of production: an annual output of 5 million power transformers and 200,000 automatic door-opening sets.
The project is mainly engaged in producing power convertors and transformers.They are widely applied to various household electric appliance, electrodynamic tools, optical fibre trees for Christmas, etc,. enjoying a birsk market both at home and abroad. In addition, it will produce a series of intelligent door-opening sets by remote control. They are used for residence, factories, warehouses for automobiles,department stores, etc.. All of them will be exported to European, American and Southeast Aisian Countries and regions. The project is intended to extend its production, increase its export and enhance the economic benefits through the introduction of overseas funds and technology as well as channels for sales.
It is predicted that the annual sales income would be 100 million yuan with the annual profit of 10 million yuan.

Equipment Tobe Importedand Rawmaterials to Be Supplied

Main equipment and part of raw materials are available in the country, and another part of raw materials abroad.

Estimated Investment and Benefit Analysis

Total
Investment
USD
2 million
Registered
Capital
USD
1.5 million
Annual
Salesincome
RMB 100 million
Investment Form of Foreign Partner
Annual
profit
RMB 10 million
Cash
Technology
Equipment
Brand
Others
Internal
Rateof
Recovery
30 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 Zhangqing Electromechanical system Manufacturer, Inc., a stock firm, was set up in 1987. It covers an area of 36,000 sq.m. with the construction of 22,000 sq.m. Its fixed assets are valued at 22 million yuan. Its main products include the transformer series and intelligent door-opening sets by remote control. They are exported to Europe, America, Sutheast Asia and other countries and regions. The present annual production is 2.5 million sets for transformers and convertors. Our company won the authentication of ISO9002, as well as GS and CE in three varieties with over 20 specifications.
Location Advantage
The project site is adjacent to No.329 national highway in Yuyao, 80Km from Ningbo and 120Km from Hangzhou.
Process of The Project
The existing enterprise renovation, feasibility study completed.
Document
Savailable
Preliminary feasibility study
Chinese Partner to Contact
Ningbo Zhangqing Electromechanical System Manufacturer, Inc.
Person to
Contact
Hong Boan
Address
Zhendong Development Zone, Langxia Town, Yuyao, Zhejiang, China
Post Code
315400
Telephone
0086 - 574 - 62191670, 62191888
Fax
0086 - 574 - 62191845
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