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

Ser. No: 068 Industry: Machinery
March, 2001
Project Title
Equipment for the Power Transforming & Transmission System
Cooperation
Form
Joint Venture

Project
Description

ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
The scale of production : an annual output of 4000~5000 sets of HV & LV Switchgear with a voltage of 10 Kv or less in 7 or 8 specifications, and 1000 sets of outdoor equipment for 10 Kv line.
The buildings of the project is intended to be completed by Oct , 2001 on an area of 13,500 sp.m. with a floor space of 15,000 sp.m.. Its main equipment includes the numerically-controlled metalworking machines for punching, folding and bending, and the electrostatic spraying streamline. Our products are available for the development of the western region in our Country and the upgrade of the urban agricultural networks, enjoying a ready market.
It is predicted that the annual sales income would be 100 million yuan with the annual profit of 10 million yuan.

Equipment Tobe Importedand Rawmaterials to Be Supplied

Intended to import the switch processing equipment and the measuring instruments, as well as key raw materials.

Estimated Investment and Benefit Analysis

Total
Investment
USD
2.5million
Registered
Capital
USD
1.8 million
Annual
Salesincome
RMB
100 million
Investment Form of Foreign Partner
Annual
profit
RMB
10 million
Cash
Technology
Equipment
Brand
Others
Internal
Rateof
Recovery
10 percent
¡Ì
¡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.)

Ningbo shuguang Electric Equipment Manufacturing Co., Ltd., a stock firm, is one of the appointed manufacturers for producing the plants of HV & LV equipment by the Ministry of Machine-building Industry and the Ministry of Power Industry. Its assets have totalled 16 million yuan. Its main products include the plants of HV & LV equipment with the voltage of 10KV or less, and various electrical cabinets and measuring pockets. Its annual turnover recorded about 20 million yuan. Its existing equipments for production and test are all up to the requirements for the HV & LV switch factory from the Ministry of Machine-building Industry and the Ministry of Power Industry. The Chinese partner's contribution will be land, premises and equipment.
Location Advantage
15Km from Ningbo Lishe airport, 30Km from Beilun port, and next to Shanghai-Hangzhou-Ningbo expressway and national trunk expressway along the coast.
Process of The Project
Feasibility study was approved, design evaluation completed, and land requisitioned. The factory building is intended to be completed by Oct.2001. Our products were tested.
Document
Savailable
Feasibility study
Chinese Partner to Contact
Ningbo Shuguang Electric Equipment Manufacturing Co., Ltd.
Person to
Contact
Gu Yujun
Address
101, Ningchuan Road, Jiangdong District, Ningbo, China
Post Code
315040
Telephone
0086-574-87808926
Fax
0086-574-87801249
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