宁波市对外经济贸易合作局

 

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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  


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

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