Project description |
Production scheme
Construction plan
Market analysis
Operation scale
Sales forecast |
Project scale: annual sales of RMB 220 million for intelligent cameras and intelligent home appliance.
Zhejiang Guangbo Group Co., Ltd. intends to cooperate with a noted foreign firm who has advanced technologies by setting up a joint venture to develop and produce intelligent cameras and intelligent home appliance. The foreign partner is expected to provide support in fund, technology and equipment to the joint venture, where latest managerial concept is adopted and market resources are shared. The company hopes the foreign partner will hold less than 50% equities in the joint venture and contribute their capital as early as possible.
Both digital cameras and intelligent home appliance are rising high-tech industries. The related market is far from saturated. The company plans to further exploit the market and raise its technical and managerial standard to stay abreast of the industry.
Annual sales income is forecasted at RMB 220 million and annual profit at RMB 24 million. |
Basic facts of Chinese partner (ownership, total and fixed assets, current products and sales, current equipment and technology, support facility, etc.) |
Zhejiang Guangbo Group Co., Ltd. is a private-owned shareholding enterprise mainly engaged in the development and production of office supplies, printing paper and plastic & rubber products as well as import and export business. For the past few years, the company has focused on development and application of high technologies and have developed such products as nano-tech metal material, digital camera and intelligent home appliance. As of end 2004, the company has total assets of RMB 1 billion and annual sales of RMB 1.22 billion and employs 5000 people. The company has 14 majority-owned or wholly-owned subsidiaries, including 3 joint ventures, 4 overseas branches and 2 high-tech enterprises, with export volume increasing by 50% on year-on-year basis.
The stationery of the company has certain advantage for its brand strength and has a fair market share. The company has the fairly complete global sales network and different effective marketing approaches. The company's project in Ningbo Hi-tech Park, occupying a land of 58 hectares, adds to the strength of the company. |
Project location & geographic advantage |
The project is located in Shiqi Sub-district in the central area of Yinzhou District, with Beilun Port to the east and close by Yinzhou Avenue and Ningbo international airport, hence the convenient water, land and air transportations. |
