|
Project Title
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The Fine-court, High-density and Wide-width
Jacquard Velveteen Cloth for the Bed Purpose
|
Cooperation
Form
|
Joint Venture
|
|
|
ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
|
The
scale of production: an annual output of 66,800 sets of the
fine-court, high-density and wide-width jacquard velveteen cloth
for the bed purpose.
The jacquard velveteen cloth is made of the long napped
cotton by means of unique jacquard weaving technology and the
advanced post-finish workmanship. This has enabled the cloth
with the bright colour and the silk-like feel, reflecting various
performances of resistance to shrinkage, silk sound and velveteen.
It is much appreciated from customers in the international market,
and would be gradually substituted for the plain yarn-dyed and
jacquard cloth for the bed purpose.
It is predicted to make 50 million yuan in the annual
sales income with the annual profit of 4 million yuan. |
Equipment Tobe Importedand Rawmaterials to Be Supplied
|
34
rapier looms for the great jacquard cloth are to be imported.
Raw materials are available in the country. |
Estimated Investment and Benefit Analysis
|
Total
Investment
|
USD
2.86 million
|
Registered
Capital
|
USD
2.01 million
|
Annual
Salesincome
|
RMB 50 million
|
|
Investment Form of Foreign Partner
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Annual
profit
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RMB 4 million
|
|
Cash
|
Technology
|
Equipment
|
Brand
|
Others
|
Internal
Rateof
Recovery
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22 percent
|
|
¡Ì
|
-
|
¡Ì
|
-
|
-
|
Recovery
Periodof
Investment
|
5 years
|
Present Status of Chinese Partner(Current Ownership, Total
Assets and Fixedassets, Present Products and Sales, Present
Equipment Andtechnology and Facilities, etc.)
|
Ningbo Veken
Group Holding Company, Ltd., a stock firm under Ningbo textile
Holding Company, can be provided with the fixed assets of 471.73
million yuan. It covers an area of 135,000 sq.ms. with construction
of 115,000 sq.ms. and employs 5,212 workers and staff members.
Its equipments include 2 chute feed systems, 17 automatic cone
winders, 286 shuttleless looms as well as 3 new printing and
dyeing production lines and the excellent knitting machines. |
|
Location Advantage
|
The
mill area is 30Km from Beilun Port in Ningbo, 5Km from Hangzhou-Ningbo
expressway, 10Km from Lishe airport and 5 Km from Ningbo railway
station. Water, electricity and gas are available. |
|
Process of The Project
|
Project
proposal completed |
Document
Savailable
|
The description
of the project. |
|
Chinese Partner to Contact
|
Ningbo
Veken Group Holding Co.,Ltd. |
Person to
Contact
|
Ma Hui |
|
Address
|
99 Heyi
Road, Ningbo |
Post Code
|
315000 |
|
Telephone
|
0086
- 574 - 87253690 Ext. 1014 |
Fax
|
0086
- 574 - 87253691 |
|
E-mail
|
veken@mail.nbptt.zj.cn |
Website
|
www.veken.com |
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
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