Type of Project: Agriculture

Name of Project:

Project of Breeding and Processing Wild Ducks

Project Content: Plan to introduce investment and enlarge breeding scale with annual exporting wild ducks 4 million wild ducks, 200,000 wild chicken and 10,000 tons forage.

Construction Condition: The sponsor has taken shape for breeding and processing. This project is encouraged by the state policy of industry. Good prospect of marketing.

Investment & Composition: Total investment amounts to US$ 3.63 million, of which, fixed assets of US4 2.42 million, working capital of US$ 1.21 million. Plan to introduce US$ 2 million of foreign investment.

Economic Benefit Evaluation: Annual sales volume of US$ 18 million, profit of US$ 2.2 million, and the profit and tax rate of 22.4%. Construction period of 2 years, and investment payoff term of 1.28 years.

Project Status: The project has been approved by Hubei Provincial Planning Committee. The preparation of construction has been completed.

Mode of Cooperation: Joint venture, exclusive investment or cooperation.

Introduction to Sponsor: Hanchuan Sanxing Seed Rice Farm is a state-owned enterprise and owns fixed assets of US$ 6 million.