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

Ser. No: 074 Industry: Building Material
March, 2001
Project Title
The Compound Aluminium-Plastic Slab & Coloured Steel Plate
Cooperation
Form
Joint Venture, Cooperation or Wholly Foreign-funded

Project
Description

ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
Construction scale: an annual output of 30000 tons of compound aluminium-plastic slabs and 70000 tons of coloured steel plates.
With the rapid development in economy and in domestic construction industry as well, the demand of such new construction material as compound aluminium-plastic slab and coloured steel plate increases continuously. Now, the production capacity of the company can not meet the market requirement. It is planned to seek investment for expanding production scale to upgrade products' output, quality and structure and to explore international market. The project occupies an area of 13000 sq.m. and a factory building of 9000 sq.m.. It needs to purchase equipment valued at 3.18 million USD.
The annual sales income is estimated to be 200 million yuan and the profit 20 million yuan.

Equipment Tobe Importedand Rawmaterials to Be Supplied

-

Estimated Investment and Benefit Analysis

Total
Investment
USD
5 million
Registered
Capital
USD
3.5 million
Annual
Salesincome
RMB
207.5 million
Investment Form of Foreign Partner
Annual
profit
RMB
20.75 million
Cash
Technology
Equipment
Brand
Others
Internal
Rateof
Recovery
45%
¡Ì
-
-
-
-
Recovery
Periodof
Investment
2 years

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

Ningbo Tianyi Metal Sanitary Facilities Factory, established in 1985, is one of the largest manufacturer of sanitary facilities. It covers an area of 49750 sq.m., including a construction area of 19600sq.m. It possesses a fixed asset of 45 million yuna and 351 workers. In 1996, it set up a branch factory specialized in the production of compound aluminium-plastic slab and coloured steel plate in the western suburbs of Ningbo, which covers an area of 20 mu and a construction area of 13000 sq.m. The branch factory possesses a fixed asset of 21 million yuan and 215 worker.s The supply of compound aluminium-plastic slab and coloured steel plate with the trademark "Oriental Grand Port" falls short of the demand in domestic market. Furthermore, the factory produces a series of sanitary facilities with the trademark "Grand Port", including lelctrically-controlled shower cabin, bathtub and water closet, etc., which also has a major market occupation in China.
Location Advantage
Ninghai, located in the economic-advanced coastal area, enjoys perfect infrastructure and convenient transportation and communication. It is an ideal place for living because of plenty local talents, pleasant climate and beautiful environment. The county government puts emphasis in economic development and opening-up by providing various preferential policies for foreign investors and making the government affairs public. This would guarantee a good soft investment environment in Ningbo for investors.
Process of The Project
In feasibility study
Document
Savailable
Material for investment promotion
Chinese Partner to Contact
Ninghai Foreign Investment Administration
Person to
Contact
He Jianchun
Address
5 Renmin Rd., Chengguan Town, Ninghai County, Ningbo
Post Code
315600
Telephone
0086-574-65578702
Fax
0086-574-65583709
E-mail
nhzs@ninghaichina.com
Website
www.ninghaichina.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