Type of Project: Mechanical & Engineering Industry

Name of Project:

Modification Project of Industrial Casters

Project Content: Plan to introduce advanced equipment and models as well as management measures so as to achieve an annual output of 5 million sets (less than Φ250mm) of industrial casters.

Construction Condition: On the basis of relevant investigation and statistic data, the industrial casters have large potential markets both at home and abroad. The products have been already exported to many countries.

Investment & Composition: Total investment amounts to US$ 3.02 million, including foreign investment of US$ 2 million to be introduced.

Economic Benefit Evaluation: Annual sales volume of US$ 6.05 million, profit of US$ 0.85 million; yearly earning US$ 5 million by exporting, and investment payoff term of 3.5 years.

Project Status: The project has been approved already.

Mode of Cooperation: Joint venture or cooperation.

Introduction to Sponsor: China Honglin Machinery Factory of Sanjiang Space Group covers an area of 60,000 square meters.