Project description |
Production scheme
Construction plan
Market analysis
Operation scale
Sales forecast |
Project scale: annual output of 600,000 washing machines.
The Chinese partner hopes to introduce a capital of USD 15 million towards a joint venture engaged in washing machine production. The fund will be used for technical innovation, new product development and production expansion. The joint venture will adopt informatized management to raise work efficiency and product competitiveness. The domestic washing machine industry is now at a critical time of reshuffling. The products of Chinese enterprise now enjoy certain market share and popularity. The execution of the project will further promote the development of the enterprise and generate profit as well.
Annual sales income is forecasted at RMB 200 million and annual profit at RMB 20 million.
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Basic facts of Chinese partner (ownership, total and fixed assets, current products and sales, current equipment and technology, support facility, etc.) |
First founded in December 1999, Ningbo Kefei Electric Appliance Co., Ltd. is a modern enterprise that combines the research, manufacturing and sales of washing machines. The main products are washing machine, plastic parts, fasteners and metal fittings. Current equipment includes 4 plastic molding machines (above 10000g), some 30 smaller plastic molding machines and 2 assembly lines. The company obtained ISO9001 international quality system certification in 2001. It is also certified in CCC, CB, CE, GS and SASO, hence recognized by domestic and overseas market. The company also has the self-managed import and export right, with products sold to all parts of the world and well received by customers. |
Project location & geographic advantage |
The project is located in Tianyuan Town of Cixi, 128km from Hangzhou airport, 60km from Ningbo airport and 70km from Beilun Port. |
