Overview of the project

Project towards comprehensive utilization on Tai'an Investment Building

Brief introduction of the project

Tai'an Investment Building was approved and started at the beginning of 2003. It covers an area of 10,755 square meters with the total construction area of 27,600 square meters. The main building is 22 stories high with the construction area of 18,400 square meters (provisional in the plan). The podium building was completed in October 2003 with an area of 4,300 square meters. Currently, a 5-story frame construction warehouse of 4,900 square meters is being rebuilt for use. It will become a landmark in Tai'an City after completion. Foreign investors are welcome to hold or control shares.

Total investment

80-100 million yuan RMB

Investment constitutes of the both parties

Foreign investors may hold or control shares.

Modes of cooperation

Joint venture

√

Cooperation

√

Solely-funded

Other

Market analysis of the product

Mt. Taishan attracts a lot of tourists at home and abroad every year, and it supplies enough guests and potential opportunity for this project. And meanwhile, a strong support for investment in this field from government shortens the development process with favorable exterior construction condition.

Analysis of the economic benefit

After the project puts into operation, it can realize the annual revenue from renting of 20 million yuan RMB, and profit of 8 million yuan RMB.

Overview of the Chinese enterprise

Enterprise's name

Tai'an City Construction State-owned Assets Management Co., Ltd

Enterprise's address

No. 115 Dongyue Street, Tai'an City

Pattern of ownership

State-owned Enterprise

Establishment time

August, 2000

Employee's number

35

Technical controller

30

Total assets

4.5 billion yuan RMB

Registered capital

300 million yuan RMB

Total liabilities

2.52 billion yuan RMB

Main product and scale

This company is a special enterprise corporation engaging in the management of state assets in the scope of government's authorization. Its subsidiaries include 14 companies, and the management fields involve in the city utility (water supply, gas supply, heat supply, and public transportation), and many other industries of building, building material, development of real estate, textile, environmental protection, commerce and trade. So, it is a large enterprise group that having certain effect and strength. The company collects city construction funds on behalf of the municipal government with project status of a legal person, so as to carry out the construction on infrastructural facilities and major engineering.

State of operation in 2006

It realized the sales revenue of 560 million yuan RMB, and profit of 40 million yuan RMB.

Contact way

Tel: 0086-538-8286130

Fax: 0086-538-8210299

Person to contact: Wang Haitao

Postcode: 271000

E-mail: tacjgz@vip.163.com

Tai'an City Municipal Investment Promotion Bureau

Merchants Department: 0086-538-6990963

Investment Service Department: 0086-538-6991091