Important remarks
William Jefferson "Bill" Clinton (The former President of the United States)
Annual 1,000,000 sets Vehicle-used Ductile Casting Iron (Part) Project


I. Project Background

The automobile industry is the most important pillar industry in Jilin Province. The product category of the First Automobile Works is transforming from trucks only to light-duty vehicles and sedans. And a new product structure mainly symbolized by sedans has been formed up. Therefore, small and medium-sized enterprises in auto parts manufacturing has more space for development. By the end of the 11th five-year plan, China's total vehicle output will reach 1,100,000 units, and the demand for ductile casting parts will be 26,000-35,000 tons. Ductile casting iron project is the state key project, which complies with the relevant industrial policies.

II. Construction Scale and Production Plan

The project will be completed in two phases. In the first phase, 2 new production workshops which are 10,000 m2 respectively will be constructed, with the capacity of 200,000 sets vehicle-used cast parts annually. In the second phase, the production capacity will be upgraded through personnel and market integration and construct a professional cast parts production base with the capacity of 1 million sets annually.

III. Market Analysis and Economic Benefit Forecast

When the first phase construction completed, the project will realize annual sales revenue of 360 million Yuan, total profits of 70 million Yuan and total tax of 30 million Yuan. And when the second phase completed, the project will realize annual sales revenue of 2000 million Yuan. The investment payoff period is 3.5 years.

IV. Total Project Investment and Financing Arrangement

The total project investment is 250 million Yuan, which include 50 million Yuan for the first phase and 200 million Yuan for the second phase. The project needs 120 million Yuan foreign investment.

V. Cooperation Ways

Joint venture and cooperation

VI. Foreign Investment and Constitution

The project needs 120 million Yuan foreign investment.

VII. Project Construction Venue

Bajiazi Township of Helong City

VIII. Project Progress

Currently doing pre-project

IX. Outline of Project Organizer

Helong Xinyue Machinery Manufacture Co., Ltd. is located in the Bajiazi Township of Helong City. The company has the total assets of 5 million Yuan and covers an area of 25,000 m2. The company is strong in technical force and production capacity with 180 sets equipments of all kinds for casting, machinery processing, heat treatment and testing. The company is a comprehensive producer for vehicle-used ductile casting products and other casting products. The company is a designated part provider FAW, Beijing Mercedes-Benz Daimler Chrysler Motor Co., Ltd., Changchun Baozhuo Transportation Track Rubber & Plastics Technology Co., Ltd., and Yanji Transplanter Manufacturing Co., Ltd. All the products produced by the company are in good performance. The company has passed ISO9001:2000 international quality system certificate in 2005.

X. Contact Methods

Postal Code: 135000

Contact Person: Cui Song

Tel: 0086-433-4243506 

Fax: 0086-433-4223506

Mobile: 0086-13844346199    

Email: hljgk@126.com

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