Project name

Precision Mechanical Products

Cooperation form

Equity JV

Project description

Production scheme
Construction plan
Market analysis
Operation scale
Sales forecast

   Project scale: annual sales of precision mechanical products at RMB 100 million.
   The company intends to introduce foreign advanced capital and fund for production of intelligent office equipment and equipment for financial establishments. Utilizing the existing sales channels, new products will be developed and new market be exploited. The project will occupy a land area of 45mu.
   Annual income is forecasted at RMB 100 million and annual profit at RMB 30 million.   
   

Equipment import & material supply

    Main equipment to be imported; material to be purchased mainly from home.

Investment estimate & cost efficiency

Total investment

USD10 million

Registered capital

USD5 million

Annual sales

RMB100 million

Anticipated means of investment from foreign partner

Annual profit

RMB30 million

Foreign exchange

Technology

Equipment

Brand name

Others

Internal return rate

33.98%

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Payback period

4 yrs

Basic facts of Chinese partner (ownership, total and fixed assets, current products and sales, current equipment and technology, support facility, etc.)

    Ningbo Bangda Industrial Co., Ltd. is a shareholding enterprise combining the R&D of modern office equipment and the manufacturing of metal cabinets and locks. With a registered capital over RMB 10 million and annual sales over 50 million, the company is one of the largest Ningbo-based enterprises engaged in cabinet development and manufacturing. The company has fairly strong manufacturing and engineering capability as well as a sound sales network.

Project location & geographic advantage

    The project is conveniently located in Ningbo Development Zone, where preferential policies are available and support facilities complete.

Project status quo

   At marketing stage

Project data available

Investment promotion material

Organization to contact

Investment and Cooperation Bureau of Ningbo Development Zone

Person to contact

Jiang Yong

Address

Chuangye Building, 477 Mingzhou West Road, Beilun District, Ningbo

Postcode

315800

Telephone

0086-574-86783428

Fax

0086-574-86885325

E-mail

jiangyong@mail.netd.gov.cn  

Website

www.netd.com.cn