I. Project name: Project towards producing 320,000 retarding springs of high-speed train annually

II. Project address: Ningyang Industrial Development Zone

III. Brief introduction to the project: The designed productive capacity of this project is 20,000 retarding springs of motor train unit and 300,000 retarding springs of high-speed train. The factory building covers an area of 40,000 square metres and 990 sets of production and processing equipment will be bought.

IV. Total investment: 650 million yuan RMB

V. Ways of cooperation: Joint venture and cooperation

VI. Market analysis of the project: In 2010, the total number of the motor train units will reach 1,000, at the same time, about 700 motor train units will be produced and 500,000 trains will be improved for the purpose of raising train speed. According to incomplete statistics, about 5 million sets of springs will be needed in the near future. Therefore, this project has a vast market prospect.

VII. Analysis of the economic benefit: After the project puts into operation, it can newly increase the sales revenue of 750 million yuan RMB, and profit and tax of 150 million yuan annually as well.

VIII. Brief introduction to the cooperation unit of the project: Shandong Haili Group has a total assets of 600 million yuan RMB with a registered capital of RMB 120 million yuan. Currently, it has 3,980 employees, including 996 technical personnel. This enterprise has two coal mine, named Shitun and Shiqiao, and 8 subsidiary companies, respectively are Shandong Tongchuang Auto Cooling System Co., Ltd., Huahong Automobile Brake Element Co., Ltd., Shanxi Huaheng Auto Cooling System Co., Ltd. and so on.

IX. Contact ways:

Contact unit: Ningyang Industrial Development Zone
Person to contact: Wang Shengli
Mobile: 13305489109
E-mail: qgk809@163.com