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

Ser. No: 070 Industry: Machinery
March, 2001
Project Title
New Hydraulic Motor
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 new hydraulic motors.
The project is intended to produce several new hydraulic motor series by means of modern processing methods through the introduction of the advanced equipment and technology. They will be mainly received at home. This new hydraulic motor is necessary for the engineering machinery and the plastic projection moulding machines. Our company has occupied a dominant position on the foundation of production, and the sales networks.
It is predicted that the annual sales income would be 30 million yuan with the annual profit of 5 million yuan.

Equipment Tobe Importedand Rawmaterials to Be Supplied

Intended to import the processing system, and other equipments and raw materials available in the country.

Estimated Investment and Benefit Analysis

Total
Investment
USD
2 million
Registered
Capital
USD
1.4 million
Annual
Salesincome
RMB
30 million
Investment Form of Foreign Partner
Annual
profit
RMB
5 million
Cash
Technology
Equipment
Brand
Others
Internal
Rateof
Recovery
25 percent
¡Ì
¡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 Hydraulic Motor (Group) Company, a stock firm, has a total assets of 38.495 million yuan, including 16. 61 million yuan in the fixed assets. Its products include the steel- ball motor and the decorative parts for automobiles. Our company is provided with the complete equipments, available technology and perfect facilities. It covers an area of 6,000 sq.m. with the construction of 5,000 sq.m., and employs 350 workers and staff member, including 40 engineers and technicians.
Location Advantage
Located at Zhenhai District, the company is surrounded by a number of factories. This has facilitated the cooperations with them. It has a convenient transport service with Zhenhai Port, Beilun Port, Lishe airport and Ningbo train station only over 10 Km away each.
Process of The Project
Part of foreign investors contacted for talks.
Document
Savailable
The description of the project
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 - 86272462
Fax
0086 - 574 - 86275904
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