|
Project Title
|
Decorative Cloth for Furniture
|
Cooperation
Form
|
Joint Venture
|
|
|
ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
|
The
scale of production: an annual output of 10 million sq.m of
decorative cloth for furniture.
The indoor decorative cloth has a very large market in
America and Europe. With the increase of people`s life, the
requirements for the indoor decorative cloth in variety and
quality are higher and higher in the country. The project is
intended to introduce the advanced equipment, technology and
brand to upgrade the quality of indoor decorative cloth further,
strengthen the brand effect and widen the channel of sales.
It is predicted that the annual sales income would be
180 million yuan with the annual profit of 15 million yuan. |
Equipment Tobe Importedand Rawmaterials to Be Supplied
|
Intended
to import 100 sets of jacquard rapier loom. |
Estimated Investment and Benefit Analysis
|
Total
Investment
|
USD
41.5 million
|
Registered
Capital
|
USD
2.5 million
|
Annual
Salesincome
|
RMB 180 million
|
|
Investment Form of Foreign Partner
|
Annual
profit
|
RMB 15 million
|
|
Cash
|
Technology
|
Equipment
|
Brand
|
Others
|
Internal
Rateof
Recovery
|
25 percent
|
|
-
|
¡Ì
|
-
|
¡Ì
|
-
|
Recovery
Periodof
Investment
|
3 years
|
Present Status of Chinese Partner(Current Ownership, Total
Assets and Fixedassets, Present Products and Sales, Present
Equipment Andtechnology and Facilities, etc.)
|
Veken Group
is renowned for the production and operation of the fine-court,
high-density and wide-width jacquard fabrics in the world, and
has exported them to Europe and America in series suit or piece.
In 1999, over 60 sets of the wide-width rapier loom and electronic
jacquard machine were introduced to produce the decorative cloth
for the household purpose. The present annual production is
4 million metres. It is chenille yarn fabrics in particular
that are received in the American market with much appreciations
from customers. |
|
Location Advantage
|
The
project is planned to be built in the Veken Industry Park, where
the superiority of technology and talents in the textil sector
can be utitized. The park lies in Beilun near the deep-water
port. It has a convenient transport service. The preferential
policy is available, with a bright future. |
|
Process of The Project
|
The letter
of intent signed. |
Document
Savailable
|
The description
of the project. |
|
Chinese Partner to Contact
|
Ningbo
Veken Group Holding Co.,Ltd. |
Person to
Contact
|
Dai Lili |
|
Address
|
99,Heyi
Road, Ningbo, China |
Post Code
|
315000 |
|
Telephone
|
0086
- 574 - 87253690 Ext. 1014 |
Fax
|
0086
- 574 - 87253691 |
|
E-mail
|
veken@mail.nbptt.zj.cn |
Website
|
www.veken.com |
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