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

Ser. No: 067 Industry: Machinery
March, 2001
Project Title
Robot Detection system for Oil Transfer Pipes
Cooperation
Form
Joint Venture

Project
Description

ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
The scale of business: an annual sales of 30 million yuan for the robot detection system.
The project was listed in the state "863" plan. The robot detection system with high technology is mainly used to detect the oil transfer pipes with the mediun diameter or more, and can be substituted for importation. Its price is much cheaper than that of the imported. It is planned to produce the prototype model in the first year, two sets in the second year, and 10 sets in the third year. From the fourth year on, the high-tech system concerned will be developed. It enjoys a ready market. At first, the market-occupying rate will be computed at five percent to gain the annual profit of more than 5 million yuan.
It is predicted that the annual sales income would be 30 million yuan with the annual profit of 10 million yuan.

Equipment Tobe Importedand Rawmaterials to Be Supplied

Intended to import components and devices for the detection and information systems, and storage.

Estimated Investment and Benefit Analysis

Total
Investment
USD
3 million
Registered
Capital
USD
2.1 million
Annual
Salesincome
RMB
30 million
Investment Form of Foreign Partner
Annual
profit
RMB
10 million
Cash
Technology
Equipment
Brand
Others
Internal
Rateof
Recovery
30 percent
¡Ì
-
-
-
-
Recovery
Periodof
Investment
4 years

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

Ningbo Xieli Mechanic & Electric Manufacturing Co., Ltd. is specialized in producing various electrodynamic tools. It covers an area of 2,500 sq.m. with the construction of 5,500 sq.m.. Its assets have totalled 11 million yuan, including the fixed assets of 5 million yuan. There are over 60 universal machines and more than 18 special purpose machines in the company. Last year, its annual output value hit 50 million yuan with the gross profit of 5 million yuan. Its products were exported to over 40 countries and regions such as Europe, America, the middle East and Asia. Its main products have won the authentication of GS, CS and EMC quality controls from European Economic Community, and obtained the CB and IEC certificates from the International Electrical Commission. In 1998, ISO9002 international quality control standard was adopted in the company.
Location Advantage
The company, 15Km from Lishe airport, 30Km from Beilun Port, and next to Shanghai-Hangzhou-Ningbo expressway, has a convenient transport service.
Process of The Project
The prototype model completed.
Document
Savailable
The description of prototype model
Chinese Partner to Contact
Ningbo Xieli Mechanic & Electric Manufacturing Co.,Ltd.
Person to
Contact
Chen Dongming
Address
22,Lane 226, Xingning road, Ningbo, China
Post Code
315040
Telephone
0086 - 574 - 87879487
Fax
0086 - 574 - 87879380
E-mail
xieligs@mail.nbptl.zj.cn
Website
www.xieli.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