Type of Project: Agriculture

Name of Project:

Project of Producing Bio-chemical Products

Project Content: It is planned to introduce equipment to produce ox-boned sauce, gelatin, bone meal and other products up to 1,000t/y.

Construction Condition: The sponsor annually, and slaughters cattle up to 30,000 heads and produces cattle bone of 1,400 tons, and provides other raw materials for this project. Basic facilities have been completed.

Investment & Composition: Total investment amounts to US$ 4.91 million, of which, fixed assets account for US$ 3.96 million, working capital for US$ 0.95 million. Plan to introduce foreign investment of US$ 3.86 million.

Economic Benefit Evaluation: Annual sales volume of US$ 9.38 million, profit and tax of 3.19 million, and investment payoff term of 3.5 years.

Project Status: The project has been approved already.

Mode of Cooperation: Joint venture, solely foreign-invested venture and cooperation.

Introduction to Sponsor: Hubei Tianpu Cattle Food Co. Ltd., the biggest livestock comprehensive enterprise in Hubei Province, owns total assets of US$ 7.01 million including fixed assets of US$ 3.99 million.