Type of Project: Apparel & Textile

Name of Project:

Project of Making Decoration Parts of Automobile

Project Content: It is planned to introduce capital and perfect the present production process so as to annually output 50,000 pieces of decoration parts.

Construction Condition: The sponsor locates in the Economic and Technological Development Zone of Xiaogan City, neighboring Wuhan City. It has imported high-quality profiling and air-compressing equipment, and owns strong technological force to develop new products. This project conforms to the state environment protection policy and products have a bright future.

Investment & Composition: Total investment amounts to US$ 5 million, of which, fixed assets account for US$ 4 million, working capital for US$ 1 million. Plan to introduce US$ 2 million of foreign investment.

Economic Benefit Evaluation: Upon completion, the annual sales income of US$ 18.75 million, profit of US$ 1.5 million, and investment payoff term of 5 years.

Project Status: The present production capacity can reach 20,000 sets yearly.

Mode of Cooperation: Joint venture. The sponsor will invest by means of workshops, land-using right, and equipment; the partner by cash, technology or other means.

Introduction to Sponsor: Jianghe Chemical Plant of China Sanjiang Space Group covers an area of 1,160,000 square meters, building floor area of 75,000 square meters, owns skilled workforce of various professions. Its business is prosperous.