The project's total investment is $100 million, and registered capital is $40 million. It is mainly engaged in manufacturing and selling spare parts of ships. The project can realize annual sales of 1 billion yuan (about $161 million), with 100 million yuan in profits and taxes.

1. Project content and construction scale

It mainly produces outfitting parts used on ships, such as pipe fittings and boat covers. The project has covered an area of 100,000 square meters for the time being.

2. Construction development

The shipbuilding industry is one of the key supporting industries. The leading enterprise DSME Shandong Co is introducing a whole ship project and looking for industrial chain investment. Its Yantai branch is doing preliminary research.

3. Total investment

The total investment is $100 million.

4. Market prospects and economic benefits predictions

After the whole project goes into operation, sales can reach 1 billion yuan annually, and profits and taxes will reach 100 million yuan.

5. Ways of cooperation

Sole investment or joint venture

6. Contact

Contact person: Yu Weijie

Contact number: +86-535-6396650

Email: ywj@yantaiinvest.gov.cn