UPVC pipe fittings production project
2002-04-27
Name of Chinese partner: Ningxia Qinglong Pipe Co Ltd
Project description: The project, located at Northwest China's Ningxia Hui Autonomous Region, is to produce UPVC tubes and fitting with an annual output of 2,000 tons.
Project background: Ningxia Qinglong Pipe Co Ltd started producing UPVC in 1997 and its annual output reaches 10,000 tons after 4 years of operation.
Total investment: 29.5 million yuan (US$3.56 million), of which 13.5 million yuan is fixed assets and 16 million yuan is circulating capital.
Economic benefits forecast:
Annual sales income: 90 million yuan
Profit and tax: 24 million yuan .
Pattern of cooperation: joint venture, or cooperative joint venture
Person to contact: Ma Yue, Zhang Zhenghong, Wang Jun
Tel: +86-951-5050195
Fax: +86-951-5051004
Address: 1-10, Bldg 1, Fenghuang Nanjie, Yinchuan, Ningxia Hui Autonomous Region
Post code: 750001
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