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

Ser. No: 083 Industry: Agriculture,Forestry,Animal Husbandry, Fishery and Related Industries
March, 2001
Project Title
Bamboo & Wooden Artwares
Cooperation
Form
Cooperation

Project
Description

ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
The scale of production: an annual output of over 1,000 types of bamboo & woodern artware and toys with a sales income of 33.2 million yuan. The project is planned to build another factory building with a floor space of 5,000 sq.m., and add a streamline for production. 80 percent of its products will be for export, and the remainder 20 percent received at home.
It is predicted that its annual sales income would be 33.2 million yuan with the annual profit of 5 million yuan.

Equipment Tobe Importedand Rawmaterials to Be Supplied

Equipment is available in the country.

Estimated Investment and Benefit Analysis

Total
Investment
USD
2 million
Registered
Capital
USD
1.4 million
Annual
Salesincome
RMB
33.2 million
Investment Form of Foreign Partner
Annual
profit
RMB
5 million
Cash
Technology
Equipment
Brand
Others
Internal
Rateof
Recovery
30 percent
¡Ì
-
-
-
-
Recovery
Periodof
Investment
2.5 years

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

Ningbo Shilin Handicraft Articles Co.,Ltd., a private firm, has a fixed assets of 6 million yuan. It is mainly engaged in producing various bamboo and wooden artwares. They have a brisk market. The sales networks have come into being in Japan, USA and our country.
Location Advantage
The company, 25Km away from Ningbo city proper, has a convenient transport service.
Process of The Project
Seek for foreign investment
Document
Savailable
The description of project
Chinese Partner to Contact
Ningbo Shilin Handicraft Articles Co.,Ltd.
Person to
Contact
Wang Jianqin
Address
15, Renhu Road, Fenghua, Zhejiang, China
Post Code
315500
Telephone
0086 - 574 - 88590088
Fax
0086 - 574 - 88598088
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