Type of Project: Mechanical & Engineering Industry

Name of Project:

Project of Producing Three-piece Cans

Project Content: The project is planned to produce and sell three-piece cans of 100 million yearly by introducing working capital and enlarging sale channels.

Construction Condition: The project has adopted automatic production line imported from Germany with advanced equipment and technology. It enjoys convenient traffic transportation and perfect basic facilities. All the raw materials needed are from domestic.

Investment & Composition: Total investment amounts to US$ 9.21 million. Plan to introduce US$ 3 million of foreign investment.

Economic Benefit Evaluation: Annual output volume of US$ 15.72 million, profit of US$ 2.51 million and investment payoff rate of 27.2%.

Project Status: The project has basically been completed.

Mode of Cooperation: Joint venture, exclusive investment or cooperation.

Introduction to Sponsor: Xiaogan Xiongzi Packing Products Company, the key enterprise of the light industry in Hubei Province, mainly produces tinplate products including bottles caps, paint irons, food paints, and iron cans, etc.