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

Ser. No: 044 Industry: Textile
March, 2001
Project Title
Construction of the Knitting Industry Park
Cooperation
Form
Joint Venture, Cooperation or Wholly Foreign-funded Firm

Project
Description

ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
Construction scale: to develop land of 36.7 ha., build 17 garment production factories and 5 accessory production factories.
Juexi town in Xiangshan county is an important industrial town specialized in knitting industry, with more than 400 knitting manufacturers in the town. The main products are T-shirt, knitting clothes and trousers. All the enterprises have set up wide sales network in domestic and overseas market. It is to establish the Knitting Industry Park in Dongtang Industrial Park of Juexi town. It will be the high-grade knitwears production base for export with complete facilities, scaled operation, professional production and modernized management. Various cooperation modes, such as investment, joint operation and leasing, are welcome.

Equipment Tobe Importedand Rawmaterials to Be Supplied

-

Estimated Investment and Benefit Analysis

Total
Investment
USD
22 million
Registered
Capital
USD
8.8 million
Annual
Salesincome
RMB million
Investment Form of Foreign Partner
Annual
profit
RMB million
Cash
Technology
Equipment
Brand
Others
Internal
Rateof
Recovery
%
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¡Ì
¡Ì
¡Ì
-
Recovery
Periodof
Investment
years

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

Zhejiang Juying Group Co., Ltd. whose operation scope include knitting, chemicals, finance, trading, catering and real estate, etc., is the first enterprises group at provincial level in Xiangshan county. The annual production capacity of knitting products reached 800,000 dosens.T-shirts of "Juying" brand ranged from low grade to high grade. Being one of the seven famous products of its kind in the domestic market through continuous improvement and innovation, "Juying" brand T-shirts have passed a couple of quality tests to conform to the standard of excellent products. Its products have successfully entered into US and European markets and the company has been cooperating with famous enterprises and become the OEM manufacturer for some famous products of USA, Italy and France.
Location Advantage
The project is located in Xiangshan county, 110 km away from Ningbo Lishe Airport and Railway Station.
Process of The Project
For foreign investment promotion.
Document
Savailable
Material for investment opportunities
Chinese Partner to Contact
Zhejiang Juying Group (Holding) Co., Ltd.
Person to
Contact
Wu Caixing
Address
Juexi Town, Xiangshan County, Zhejiang Province
Post Code
315700
Telephone
0086-574-65722141, 65601251
Fax
0086-574-65601200
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