Type of Project: Medical & Health

Name of Project:

Project of Producing Medical Nacl

Project Content: Plan to import investment and partial process equipment and yearly produce 15,000 tons of medical Nacl by using technology of duplicative crystallization.

Construction Condition: Medical Nacl is widely used in clinical. It can control comprehensive symptom of low Na, and adjust balance of water and electrolyte in body. At present, there are no other manufacturers in Hubei province. The products can be the substitute of the imported. With the permission of medical product production, the sponsor has already had sufficient raw materials.

Investment & Composition: Total investment amounts to US$ 4.5 million, of which, the fixed assets accounts for US$ 4 million, and working capital for US$ 0.5 million. Plan to introduce US$ 3 million of foreign investment.

Economic Benefit Evaluation: Annual sales volume of US$ 5 million, profit after taxation of US$ 1 million, and profit rate of 18%.

Project Status: The project has been approved.

Mode of Cooperation: Joint venture or cooperation.

Introduction to Sponsor: Hubei Yunhong Medicine Co. Ltd. is a joint-venture by Yunmeng Salt and Nitre Works and Hongkong Changhong Group, and has advantages of both location and basic facilities.