PROPOSED PROJECTS FOR INTERNATIONAL ECONOMIC & TECHNICAL COOPERATION IN NINGBO IN 2005 |
Industry: electronic |
March 10, 2005 |
Project name |
HV/MV Switch Gear and Feed Line Automation System |
Cooperation form |
Equity JV or contractual JV |
Project description |
Production scheme
Construction plan
Market analysis
Operation scale
Sales forecast |
Project scale: annual output of 45,000 sets of HV/MV switch gear or feed line automation system.
The products of the company have a ready market at home and the output and export of main products are growing rapidly. This offers an unprecedented opportunity for the company to expand its electromechanical business. The company intends to cooperate with businesses from the Middle East, Southeast Asian or Eastern Europe by means of OEM operations in the electrotechnical industry.
Annual sales income is forecasted at RMB 80 million and annual profit at RMB 8.1 million.
|
Equipment import & material supply |
|
Investment estimate & cost efficiency |
Total investment |
USD5 million |
Registered capital |
USD2.5 million |
Annual sales |
RMB80 million |
Anticipated means of investment from foreign partner |
Annual profit |
RMB8.1 million |
Foreign exchange |
Technology |
Equipment |
Brand name |
Others |
Internal return rate |
21% |
a |
a |
|
|
a |
Payback period |
3.39 yrs |
Basic facts of Chinese partner (ownership, total and fixed assets, current products and sales, current equipment and technology, support facility, etc.) |
Ningbo Nature Science & Technology is a private high-tech enterprise engaged in development, manufacturing and sales of HV/MV switch gears and feed line automation systems. Following the business philosophy of “full dedication and ultimate quality”, the company is committed to the developing and upgrading the power transmission and transformer equipment manufacturing. It has introduced advanced equipment from the USA, Germany, Japan and Italy. The products are characterized by high technological content and reliable quality. Over 10 products are included in the new product list of the state. The company used to be the equipment like Qinshan Nuclear Power Plant, Tianhuangping Power Plant, Shanghai Bao Steel Works and Hebei Thermal Power Plant. The products are also exported to Sudan, Nigeria, Kazakstan, India and other countries. In 2003, the trade name “Nature” was cited as a famous brand of Zhejiang, and the company ranked 13th among domestic peers in terms of overall strength. |
Project location & geographic advantage |
The project is located in Andong Town of Cixi, close to Hangzhou Bay Bridge, 15km from Yuyao entrance to Hangzhou-Ningbo Expressway and 60km from Ningbo airport. |
Project status quo |
At marketing stage |
Project data available |
Investment promotion material |
Organization to contact |
Cixi International Business Promotion Center |
Person to contact |
Yao Yanming |
Address |
269 Zhishan Road, Cixi, Zhejiang |
Postcode |
315300 |
Telephone |
0086-574-63886053 |
Fax |
0086-574-63886844 |
E-mail |
cixi@china.com |
Website |
www.investcixi.com |
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Ningbo Foreign Investment Development Board
Add:18/F, 190 lingqiao Road, Ningbo, China
Code:315000
Tel:86-574-87315792(NO.1 DEPT),87313267(NO.2 DEPT),87322285(NO.3 DEPT)
Fax:86-574-87315992,87315873
E-mail:service@ningbochina.com, invest@ningbochina.com
Website:Http://www.ningbochina.com