III. Project Description:
To establish the manufacturing equipment, infrastructure and auxiliary facilities within the plant area of polyformaldehyde. The local produced methanol will be used as the main raw materials by adopting the technically reliable copolyformaldehyde production process, the construction period will be 2 years.

IV. Total Investment and Cooperation Form:
The total investment is USD 51.92 million Joint venture, cooperation and sole investment are all welcomed.

V. Anticipation of Market and Investment Return:
The polyformaldehydes in domestic market are depended heavily on import, so the products will substitute foreign ones. After the completion of the project, the estimated investment profit rate will be 20.77%, financial net current value USD 31.65 million and financial internal return rate 23.98%, the investment return period will be 5.55 years.

Contact Person: Zhang Huirong, Ma Fei
Tel: +86-912-8493898, 8493881, 13309129511
Fax:+86-912-8493881
Add.: Jingjie Industrial Park, Shenfu Economic Dev. Zone, Yulin 719319