Type of Project: Mechanical & Engineering Industry

Name of Project:

Project of Producing Synthetic Rubber Corks

Project Content: Plan to introduce foreign investment to build the second-phase construction and import process equipment.

Construction Condition: The performances of the products concerning biological, chemical, and physical meet ISO Standard.

Investment & Composition: Total investment amounts to US$ 2.2 million. Plan to introduce US$ 1.5 million of foreign investment.

Economic Benefit Evaluation: Upon the output of 1,000 million pieces, the annual sales volume of US$ 8 million, profit and tax of US$ 2.5 million and investment payoff term of 1 year.

Project Status: US$ 0.7 million has been invested for the first phase construction and the production capacity reaches 200 million pieces. Investment is needed for the second phase construction.

Mode of Cooperation: Joint venture, cooperation, or wholly transference.

Introduction to Sponsor: Hubei Bailian Medicine Packing Co. Ltd. is located Fenshui Town, Hanchuan City.