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Project towards producing truck crane
 
 

Overview of the project

Project name

Project towards producing truck crane

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.

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.

Modes of cooperation

Joint venture

Cooperation

 

Solely-funded

 

Other

 

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.

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.

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.

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


    
 
 
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