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Overview of the project |
Project name |
Project towards reforming the bankrupt enterprise-Ningyang Huarun Paper Industry Co., Ltd |
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Brief introduction to the project |
Ningyang Huarun Paper Industry Co., Ltd entered procedure for bankrupting and repaying debts in 2004. This company owns the national transfer land of 83 mu, and the rentable land of 49 mu. The enterprise’s total assets as shown in the account book is 103 million yuan RMB and liability is 113 million yuan RMB. The total amount of assets is 29 million yuan RMB after being evaluated. It plans to sell the whole bankrupt enterprise one shot at the foreign price of surffing on the internet of 26 million yuan RMB, and favourable purchasing price one shot of 15 million yuan RMB. |
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Total investment |
15 million yuan RMB |
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Investment constitutes of the both parties |
Negotiation |
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Modes of cooperation |
Joint venture |
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Cooperation |
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Solely-funded |
√ |
Other |
√ |
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Market analysis of the product |
Currently, this company can produce paper of 20,000 tons every year and own 6 paper making production lines as well. The environmental protection has reached the standard and corollary equipment is complete. The dormant assets can put into production after being reformed slightly. |
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Construction condition of the project |
Project unit |
Ningyang County Investment Promotion Bureau |
Address |
Ningyang County Seat, Tai’an City |
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Ningyang Huarun Paper Industry Co., Ltd locates in the northwest of Ningyang County Seat, to its east is Jiwei Road and to its south is Mengguan Road. It is 300 kilometers away from Rizhao Port and 20 kilometers away from Beijing-Shanghai Speedway, 104 National Highway and Beijing-Shanghai Railway. The resource advantage is obvious, the coal, power and water resources are plenteous, the labor force is abundant and the production cost is low as well. In addition, the reshuffled enterprise can enjoy the favourable policies of government, and the retained portion of local revenue accordingly derates as well. |
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Contact way |
Tel: 0086-538-5623072
Fax: 0086-538-5623072 |
Person to contact: Shen Xusheng Postcode: 271400
E-mail: nyzsk@163.com |
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Tai’an City Municipal Investment Promotion Bureau
Merchants Department:0086-538-6990963 Investment Service Department:0086-538-6991091 |
