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Project towards producing large diameter straight welded pipe of 150,000 tons
 
 

Overview of the project

Project name

Project towards producing large diameter straight welded pipe of 150,000 tons

Brief introduction to the project

This project plans to build a production line towards producing large diameter straight welded pipe of 150,000 tons with the total investment of 250 million yuan RMB, including the investment for fixed assets of 233 million yuan RMB and operating funds of 17 million yuan RMB. After the project puts into operation, it can produce various kinds of large diameter straight welded pipe of 150,000 tons.

Total investment

250 million yuan RMB

Investment constitutes of the both parties

Negotiation

Modes of cooperation

Joint venture

Cooperation

Solely-funded

 

Other

Market analysis of the product

The national annual demand of large diameter straight welded pipe is 11.5 million tons, and most of the manufacturers are distributed in the south of Yangtze River, so the demand exceeds supply in the north of Yangtze River. Since there are few manufacturers around Tai’an City, this project can shorten transportation radius, reduce transportation cost, and has broad market prospect as well.

Analysis of the economic benefit

After the project puts into operation, it can newly increase the sales revenue of 500 million yuan RMB, and profit tax of 80 million yuan RMB annually.

Overview of the Chinese enterprise

Enterprise's name

Shandong Yongtai Steel Science &Technology Co., Ltd

Enterprise's address

South of Changcheng Road, Tai’an Hi-tech Industrial Development Zone

Pattern of ownership

Private-run Enterprise

Establishment time

January, 2004

Employee's number

70

Technical controller

20

Total assets

69.7 million yuan RMB

Registered capital

15 million yuan RMB

Total liabilities

25.06 million yuan RMB

Floor space

195 mu

Building area

100,000 square meters

Main product and scale

50,000T/A spiral welded pipe

State of operation in 2006

It realized the sales revenue of 70.72 million yuan RMB.

Contact way

Tel: 0086-538-8938655

Fax: 0086-538-8938655

Person to contact: Chen Bing                Postcode: 271000

E-mail: chenbing325@163.com

Tai’an City Municipal Investment Promotion Bureau

Merchants Department:0086-538-6990963     Investment Service Department:0086-538-6991091


    
 
 
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