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Proposed project: Casting
BY 2004-03-18 16:16:17
Name of the proposed project: Casting
Description of the proposed project (products,technology and marketing):
Wafangdian has a long history of casting. There are over 100 casting factories in Wafangdian. The products have been sold to Southeast Asia, Europe and America. Welcome to invest in this industry. 60% of the products are sold abroad.
Intended mode of cooperation: (*)Equity joint venture (* )Contractual joint venture ( ) Technical introduction ( ) Equipment import () Compensation trade ( )Other forms
Total investment : USD 5 millionRegistered capital: USD 2.5 million
Intended duration of cooperation: 15 yearsProjected time for reimbursement: 3.5 years
Chinese contribution and structure (in US Dollars): -Total: USD 1.5 million
-Break down: ( ) Cash ( ) Equipment ( )Technology (* )Buildings (* )Land (* )Others
Foreign Contribution Sought and structure (in USD): -Total: USD 3.5 million
-Break down: (*)Cash ( )Equipment ( ) Technology ( ) Others
Project site: All the existing plant
Project progress:
(* ) A detailed project description
( ) Pre-feasibility study
( ) Feasibility study report
The project is: ( )Encouraged (* )Permitted ( )Restricted by the state
Description of Chinese partner:
Name: Wafangdian Mid-low Pressure valve MillAddress: Yandian Community, WFD City
Total Capital : USD 0.42 millionRegistered capital: USD 0.36 million
Year of Establishment: 1989Ownership: collective
Tel: 86-411-5637691 5614576Fax: 86-411-5636977
Post Code: 116300Email: wfd@dalian-gov.net
Land Coverage: 40,000 Square MetersLand premises: 10,800 Square Meters
Number of staff: 108Average age: 29
Average monthly salaries: RMB 500Number of technical staff: 11
Main products: Producing vaive , pipingOutput: 3000 tons

Technological & operational condition(Industrial technology & product sales): The main products of the enterprise are the valves, pipings and the machinery process products, and most of them are sold abroad.

Development in the same trade(Including domestic enterprise & enterprise with foreign investment): The products have been being sold wel for year. We will make more profit if we enlarge the business scope.
Negotiator of the project: Mr.Wang Qing-xin , Wang Yu , Mou Shan-yu
Tel: 0086-411- 5637691 5614576
Fax: 0086-411-5636977
Email: wfd@dalian-gov.net
(Editor:) (From:China-Dalian.com)
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