Type of Project: Mechanical & Engineering Industry

Name of Project:

Project Manufacturing Large-scale Energy-saving Fans

Project Content: Plan to introduce investment and perfect the present technique and extend the production line up to the capacity of 1,500 types of large-scale energy-saving fans.

Construction Condition: The sponsor is the professional manufacturer of fan approved by the State and owns strong technique and stable market. The products have been exported to foreign countries. Being the project of environment protection, it enjoys preferential policies. With the augment of investment power for environment protection, the products have a bright future.

Investment & Composition: Total investment amounts to US$ 3.02 million. Plan to introduce US$ 2.5 million of foreign investment.

Economic Benefit Evaluation: Annual sales volume of US$ 10 million, profit and tax of US$ 1.8 million, and investment payoff term of 3 years.

Project Status: The project has been approved.

Mode of Cooperation: Joint venture or cooperation.

Introduction to Sponsor: Hubei Fan Factory with fixed assets of US$ 6 million and technician of 87, covering an area of 52,000 square meters, has produced more than 300 kinds of fans.