Type of Project: Mechanical & Engineering Industry

Name of Project:

Project of Making Electronic Ballasts And Energy-saving Lamps

Project Content: Plan to import key equipment and control means and modify the present production line up to 1 million pieces per year of series electronic ballasts and 2 million pieces of energy-saving socket fluorescent lamps per year.

Construction Condition: The traditional incandescent lamps in our country can not meet the requirement of energy saving. It is a must to develop efficient energy-saving electronic products. With mature technique and perfect basic facilities, the project enjoys a wide market.

Investment & Composition: Total investment amounts to US$ 1.4 million. Plan to introduce US$ 0.6 million of foreign investment.

Economic Benefit Evaluation: Annual sales volume of US$ 4 million, profit of US$ 0.7 million and tax of US$ 0.35 million, earning foreign exchange of US$ 3.5 million. Payoff term of 4 years.

Project Status: The project has been approved.

Mode of Cooperation: Joint venture or cooperation.

Introduction to Sponsor: State-owned Hanguang Electron Device Factory