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

Ser. No: 066 Industry: Machinery
March, 2001
Project Title
Surface Treatment of Nipper Heads for Rapier Loom
Cooperation
Form
Joint Venture

Project
Description

ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
The scale of production: an annual output of 20,000 metal nipper heads. ¡¡¡¡Various metal nipper heads are all required to be coated and plated on the surface to raise its hardness and resistance to grinding. This technology is used for the nipper heads of rapier looms availabe in the present international market. Our rapier looms have taken a lead in the country, and exported to foreign countries. However, its surface treatment are all done in the hands of other factories. The procssed nipper heads are unstable in quality. The project is intended to set up the production line by ourselves through the technology introduction so as to upgrade the surface quality of products and extend the scale of production. They are first required for our factory, and then serve as adjuncts to other enterprises.
It is predicted that the annual sales income would be 20 million yuan with the annual profit of 5 million yuan.

Equipment Tobe Importedand Rawmaterials to Be Supplied

Intended to introduce technology and directions for producing the nipper heads to solve the surface coating of Ly12 aluminium alloy with the vickers hardness of 900 or more. Besides, the chromium -plating technology on the surface of steel parts and other advanced technologies are to be introduced too . Equipments to be used are available in the country.

Estimated Investment and Benefit Analysis

Total
Investment
USD
3 million
Registered
Capital
USD
500,000
Annual
Salesincome
RMB
20 million
Investment Form of Foreign Partner
Annual
profit
RMB
5 million
Cash
Technology
Equipment
Brand
Others
Internal
Rateof
Recovery
18 percent
¡Ì
¡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.)

The Chinese partner is a private enterprise. Its assets have totalled 20 million yuan with the fixed assets of 6 million yuan . It can be provided with over 60 equipments . There are 30 kinds of nipper heads and over 500 varieties of accessories for textile machinery in the mill . It has taken a lead in the sales of the same industry .
Location Advantage
Located at Zhenhai District, it can organize extensive cooperation between different trades. The factory site, 8 Km from Beilun port, 13 Km from Hangzhou-Ningbo expressway,20 Km Lishe airport, and 15 Km from train station, has a convenient transport service .
Process of The Project
To promote foreign investment
Document
Savailable
Specifications for production in the factory
Chinese Partner to Contact
The Planning and Economic Commission of Zhenhai District
Person to
Contact
Tang Heting
Address
7, Renming Road , Zhenhai District , Ningbo , China
Post Code
315200
Telephone
0086-574-66272462
Fax
0086-574-66275904
E-mail
zhedz@mail.nb.gov.cn
Website
www.nbzh.net

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