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Number of
Project: 00712a037e Type of Project: Mechanical & Engineering Industry Name of Project: Modification Project of Automobile Pressing Parts Production Project Content: This project is to utilize the existing equipment and facilities, modify the present processing line, get additional equipment so as to build a special production line of annual output of 60,000 sets of medium & small automobile pressing parts. Construction Condition: The sponsor is a medium-sized enterprise with capacity of 7,000 automobiles per year, and owns technology of designing and processing of pressing parts. The products are supporting many automobile manufacturers such as Sino-French Joint-venture Sanjiang-Renault Auto. Co. Ltd. Meanwhile, Hubei Million-automobile Project provides a wide market for the products. Investment & Composition: Total investment amounts to US$ 7.22 million, of which, fixed assets of US$ 3.6, floating capital of US$ 3.62. Foreign investment of US$ 4 million is to be introduced. Economic Benefit Evaluation: Annual sales volume of US$ 16.93 million, profit of US$ 1.85 million, and profit rate of 25.6%, investment payoff term of 4 years. The sponsor invests by means of land-using right, workshop, partial equipment and technology, the partner by cash and partial equipment. Project Status: The project is the important one of State Economic & Trade Committee and has been approved already. Mode of Cooperation: Joint venture or cooperation. Introduction to Sponsor: Jiangbei Machinery Factory
of China Sanjiang Space Group, the backbone enterprise of State Space Industry Corp has 20
years' history of developing and managing automobiles. It has one million square meters of
workshop, work staff of 1860, of which, 457 technician. The main products are light-type
trucks, steel vessels containing liquid petroleum gas. Liaison: Yuan Yilin, Zhu Dan |
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