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

Ser. No: 086 Industry: Light Industry
March, 2001
Project Title
Red Bayberry Wine
Cooperation
Form
Joint Venture or Cooperation

Project
Description

ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
The scale of production: an annual output of 1,500T red bayberry wine. Ningbo Yongcheng Brewery,Inc. has utilized the local rich resource of red bayberry to produce "Yongcheng"Brand red bayberry wine by immersion, fermentation and watered treatment in a scientific way. Much appreciations from customers have made our wine to fall short of the rising demands. In 1999,out wine was awarded with the title of "the excellent product" from Zhejiang Province. The project is intended to build a brewery with an annual output of 1,500T red bayberry wine on an area of 18,800 sq.m.
It is predicted that the annual sales income would be 31.54 million yuan with the annual profit of 3 million yuan.

Equipment Tobe Importedand Rawmaterials to Be Supplied

-

Estimated Investment and Benefit Analysis

Total
Investment
USD
2 million
Registered
Capital
USD
1.4 million
Annual
Salesincome
RMB
31.54 million
Investment Form of Foreign Partner
Annual
profit
RMB
3 million
Cash
Technology
Equipment
Brand
Others
Internal
Rateof
Recovery
18 percent
¡Ì
-
-
-
-
Recovery
Periodof
Investment
3.5 years

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

With the registered capital of 1.6 million yuan, Ningbo Yongcheng Brewery, Inc. covers an area of 2,000sq.m. with the construction of 1,100sq.m. It employs 30 workers and staff members, including 4 engineers and technicians. There are a complete set of equipment and necessary facilities in the brewery.
Location Advantage
Located at Xianyang Town, Xiangshan County, the brewery is 15Km away from the seat of county, and 50Km from Ningbo via Hengshan wharf in Xize.
Process of The Project
To promote foreign investment
Document
Savailable
The description of project
Chinese Partner to Contact
Xiangshan Foreign Investment Service Centre
Person to
Contact
Sun Xiaofen
Address
11th floor, Luye Mansion, Dancheng Town, Xiangshan County, Zhejiang, China
Post Code
315700
Telephone
0086 - 574 - 65751803
Fax
0086 - 574 - 65751673
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