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

Ser. No: 085 Industry: Light Industry
March, 2001
Project Title
Ningbo Fast-frozen Glutinous Rice Dumplings Series
Cooperation
Form
Joint Venture

Project
Description

ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
The scale of production: an annual output of 1,200T fast- frozen foodstuff series.
The project is intended to set up the base for the fast- frozen foodstuff series with an annual output of 1, 000 tons. Its main products include the fast-frozen glutinous rice dumplings series.
It is predicted to make 6 million yuan in the annual sales income with the annual profit of 1.2 million yuan.

Equipment Tobe Importedand Rawmaterials to Be Supplied

All are available in locality.

Estimated Investment and Benefit Analysis

Total
Investment
USD
2 million
Registered
Capital
USD
1.4 million
Annual
Salesincome
RMB
6 million
Investment Form of Foreign Partner
Annual
profit
RMB
1.2 million
Cash
Technology
Equipment
Brand
Others
Internal
Rateof
Recovery
10 percent
¡Ì
¡Ì
-
-
-
Recovery
Periodof
Investment
8 years

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

Ningbo traditional glutinous rice dumplings comes from the "Vat Duck Dog Glutinous Rice Dumplings Restaurant", a famous shop in Ningbo for one century. Directly affiliated itself to the restaurant is the "Vat Duck Dog Food Products Factory", which is specialized in producing glutinous rice powder, pig oil stuffing,etc., with an annual output of 150 tons.Its products were awarded for the fine quality from the state, and the factory won the appointed manufacturer for tourism from the province.
Location Advantage
Located at changfeng in Jiangdong District, the project site is only 2Km from the city proper.
Process of The Project
The feasibility study is now under way.
Document
Savailable
Feasibility study
Chinese Partner to Contact
Ningbo Haishu Food and Drink Service Company
Person to
Contact
Ye Xiaofei
Address
150, Heyi road, Ningbo, Chian
Post Code
315000
Telephone
0086 - 574 - 87346109
Fax
0086 - 574 - 87347661
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