Project name

Intelligent Kitchen Electric Appliance, Gardening Tools and Heating Appliance

Cooperation form

Equity JV or contractual JV

Project description

Production scheme
Construction plan
Market analysis
Operation scale
Sales forecast

   Project scale: development and manufacturing of intelligent kitchen electric appliance, gardening tools and heating appliance.
   The Chinese enterprise hopes to set up a JV with an overseas major enterprise in possession of advanced technology to develop and produce intelligent kitchen electric appliance and gardening tools. The foreign partner is expected to provide support in fund, technology and equipment and introduce new marketing ideas to the JV, which shares the marketing resources of both parties. The heating appliance industry has a mature domestic market and the overseas market demand is growing. PTC heating elements are a high-tech industry and expect to grow more rapidly in the next few years. Gardening tools and intelligent kitchen electric appliance both are rising high-tech industries and their market potential is huge.

Equipment import & material supply

Investment estimate & cost efficiency

Total investment

USD6 million

Registered capital

USD3 million

Annual sales

Anticipated means of investment from foreign partner

Annual profit

Foreign exchange

Technology

Equipment

Brand name

Others

Internal return rate

a

a

a

Payback period

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

   Ningbo Tianhua Electric Appliance Co., Ltd. is a private shareholding enterprise incorporated in 1994. Its main products include warming apparatus, warm air blower, PTC heating elements, electro-cardiograph parts and plastic products. For the past few years, the company has stressed the development and application of high technologies and developed the gardening tools and kitchen electric appliance. The main product of warming apparatus is sold to EU, the Middle East and so on.

Project location & geographic advantage

   The project is conveniently located in Guanhaiwei Town of Cixi, north of the national highway No. 329, south of the Zhongheng Road, 50km from downtown Ningbo, 60km from Ningbo airport and Beilun Port, 7km from the extension of Hangzhou-Ningbo Expressway and 30km from the prospective Hangzhou Bay Bridge.

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