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Overview of the project |
Project name |
Project towards producing truck crane |
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Brief introduction to the project
|
At present, Tai’an Dongyue Heavy Industry Co, Ltd is executing a foreign cooperation project towards truck crane. It reforms the existing product structure of the Company, adapts to the market demand and develops 50-ton-above large-type truck crane product. |
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Total investment |
240 million yuan RMB |
|
Investment constitutes of the both parties |
The company invests with workshop and equipment, and foreign side invests with cash. The ratio of investments is 1:1. |
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Modes of cooperation |
Joint venture
|
√ |
Cooperation
|
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Solely-funded |
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Other |
|
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Market analysis of the product |
During the period of “the eleventh five-year plan”, the market demand of domestic truck crane increases by 30% at a steady pace, and the market prospect is wide. The product standards develop from medium-and-small-tonnage to large-tonnage. The foreign large-type transnational corporations of engineering and machinery are striving to enter the Chinese marketplace, which have provided hitherto unknown opportunity for joint development of the company. |
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Analysis of the economic benefit |
After the project puts into operation, it can newly increase the sales revenue of 1 billion yuan RMB, and profit tax of 100 million yuan RMB annually. |
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Overview of the Chinese enterprise |
Enterprise's name |
Tai’an Dongyue Heavy Industry Co, Ltd |
Enterprise's address |
No.12777 Longtan Road, Tai’an Hi-tech Industrial Development Zone |
|
Pattern of ownership |
Private-run Enterprise |
Establishment time |
August, 2004 |
|
Employee's number |
1,200 |
Technical controller |
320 |
| Total assets
|
380 million yuan RMB |
Registered capital |
52.98 million yuan RMB |
Total liabilities |
250 million yuan RMB |
|
Floor space |
300 mu |
Building area
|
100,000 square meters |
|
Main product and scale |
3,500set/annual QY8-50 series truck crane |
|
State of operation in 2006 |
It realized the takings of 340 million yuan RMB, and profit tax of 18 million yuan RMB. |
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Contact way |
Tel: 0086-538-8932020
Fax: 0086-538-8932222 |
Person to contact: Wang Xingwei Postcode: 271000
E-mail:dongyue-zhglb@163.net |
|
Tai’an City Municipal Investment Promotion Bureau
Merchants Department:0086-538-6990963 Investment Service Department:0086-538-6991091 |