I. Project name: Project towards producing hydraulic ram, hydraulic oil pump, and hydraulic oil valve for engineering machinery use

II. Project address: Tai'an Hi-tech Industrial Development Zone

III. Brief introduction to the project: Shandong Ruichi Machinery Co., Ltd. can produce more than 100 kinds of 4 series of hydraulic ram products, such as grab, motocrane, shovel loader, bulldozer and so on. Now, it plans to expand the scale of production and newly build a project towards producing hydraulic ram, hydraulic oil pump, and hydraulic oil valve for engineering machinery use. The main technical parameters of product: the max working pressure: 40Mpa; the traveling schedule scope: 100mm-10000mm; the scope of interior diameter of cylinder: 50mm-400mm; the scope of cylinder rod: 30mm-300mm.

IV. Total investment: 100 million yuan RMB

V. Ways of cooperation: Negotiation

VI. Market analysis of the project: This project can be widely used in many fields such as construction machinery, automobile, mine, water conservancy, coal and so on. The company has established stable and long-term strategic partnership relations with many famous enterprises from home and abroad. The newly increased products will have better development space on quality, price and even sale.

VII. Analysis of the economic benefit: After the project puts into operation, it can newly increase the sales revenue of 260 million yuan RMB, and profit and tax of 40 million yuan RMB annually as well.

VIII. Brief introduction to the cooperation unit of the project: Shandong Ruichi Machinery Co., Ltd., a professional hydraulic ram production joint-stock enterprise, which was established in May 2004. At present, the company has a total assets of 150 million yuan RMB, including a registered capital of 25 million yuan RMB, and covers an area of 150 Chinese acres with a building area of 16,000 square meters. It has accumulated rich experience for designing and manufacturing ram, and mainly produces shovel loader ram, bulldozer ram, motocrane ram and grab ram. It also has owned the production capacity for producing 100,000 hydraulic rams. In 2008, it realized the sales revemue of 150 million yuan RMB, and profit and tax of 20 million yuan RMB.

IX. Contact ways:
Contact unit: Shandong Ruichi Machinery Co., Ltd.
Person to contact: Shi Peifeng
Tel: 0086-538-8932289
E-mail: yxb@rchm.cn