Overview of the project

Project towards newly increasing `10,000T/A steel nail production

Brief introduction to the project

Shandong Taixin Hardware Co., Ltd is a Sino-foreign joint venture company invested by Jiuxin Group and Indonesia. In order to further expand exporting goods to earn foreign currency and improve production scale, it plans to invest 50 million yuan RMB to newly increase `10,000T/A steel nail (second-phase engineering) production and newly build products towards wood screw, hi-grade thread rolling nail and special nail on the basis of present annual output of 10,000T/A steel nail.

Total investment

50 million yuan RMB

Investment constitutes of the both parties

Negotiation

Modes of cooperation

Solely-funded

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Other

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Market analysis of the product

The product of the company is complete, the sales net is perfect, the market demand is large, and the cooperative prospect is broad as well.

Analysis of the economic benefit

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

Overview of the Chinese enterprise

Enterprise's name

Shandong Taixin Hardware Co., Ltd

Enterprise's address

Dongping Industrial Park

Pattern of ownership

Private-run Enterprise

Establishment time

February, 2005

Employee's number

300

Technical controller

60

Total assets

120 million yuan RMB

Registered capital

8 million yuan RMB

Total liabilities

24 million yuan RMB

Floor space

120 mu

Building area

18,000 square meters

Main product and scale

Wood screw, hi-grade thread rolling nail and special nail

State of operation in 2006

It realized the revenue from export of $1.6 million.

Contact way

Tel: 0086-538-2830589

Fax: 0086-538-2830589

Person to contact: Mr. Huang, Mr. Liu         Postcode: 271500

E-mail: lbdz188@163.com

Tai’an City Municipal Investment Promotion Bureau

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