Type of Project: Apparel & Textile

Name of Project:

Project of Producing Compound Fiber Materials

Containing High Value-added

Project Content: Plan to develop man-made fiber and ES fiber with a yearly output of 3,000 tons.

Construction Condition: ES fiber is a kind of new material of non-textile fibers that are widely applied to various fields. The supply can meet the demand. The sponsor owns perfect facilities and technique and the right of import and export.

Investment & Composition: Total investment amounts to US$ 5 million, of which, fixed assets account for US$ 4 million and working capital of US$ 1 million. Plan to introduce US$ 3 million of foreign investment.

Economic Benefit Evaluation: Annual sales volume of US$ 6 million, profit of US$ 1 million, investment payoff rate of 24%. The investment payoff term of 4.21 years (including 1 year of construction period).

Project Status: The project has been listed the program of new technological development of the State. The feasibility study has been approved.

Mode of Cooperation: Joint venture or cooperation.

Introduction to Sponsor: Chuanda Textile (Group) Ltd. is the only enterprise producing ES fiber in Hubei Porvince approved by the Provincial government.