Investment Projects in Northeastern China

r Vitamin B2 Project in Yi’an CountyContent and scale of project: To construct the production devices and the matched infrastructure for bio-fermentation， extraction an"，"Introduction":""，"Columns":"Information"，"Volume":""，"Content":"Name of project: 1，500-ton/year Vitamin B2 Project in Yi’an CountyContent and scale of project: To construct the production devices and the matched infrastructure for bio-fermentation， extraction and refining for the purpose of annually producing 1，500 tons of Vitamin B2. The construction period is 10 months.Project overview: Yi’an County is one of the national production bases of excellent beet whose planting area is generally 300，000 mu more or less. This project takes molasses， a kind of byproduct in the sugar-making process by Botian Sugar Co.， Ltd， as raw materials， and produces the high added-value Vitamin B2 by using the modern bio-fermentation technology， which provides an efficient channel for comprehensively utilizing the byproduct in the processing of agricultural products and developing the high-priced products. Approx 75% of Vitamin B2 is used for feed additives and around 9%， 11% and 5% respectively for clinical medicines， food additives and cosmetics. The annual demand is approx 6，500 tons globally. It is estimated that in the future 5 years the growth rate of the total demand for Vitamin B2 in China will surpass 10% and therefore the market prospects are broad. This project can efficiently increase the income of residents， greatly significant for stabilizing the political and social overall situations.Investment and source: The total investment is USD 29.28 million including the construction investment of RMB 170 million and the minimum floating funds of RMB 30 million. The total funds will be raised by the enterprise itself and the proportion of the investment to be attracted can be negotiated.Cooperative means: Exclusive investment Estimated economic benefit: After the production targets are reached， the project can annually realize the sales income of RMB 149.63 million， the net profit of RMB 59.31 million and the tax of approx 15 million.Brief introduction to domestic investor:1.Name of investor: Yi’an Investment Invitation Bureau2. Address: Yi’an County， Heilongjiang Province3. Contact: Shen Xueyan4. Tel: 86-138959686885. Fax: 86-452-7022270 6. Email: ya7022270@163.comName of project: Using Methyl Alcohol to Produce Dimethyl Ether in QitaiheContent and scale of project: Annually producing 1 million tons of dimethyl etherProject overview: Dimethyl ether is a kind of colorless gas or compressed liquid under normal pressure， safe， clean， excellent in performance， with slight fragrance of ether， and can be widely used in industry， agriculture， medical treatment， daily life， etc. Dimethyl ether is mainly used as promoter for solvent and aerosol， and more importantly， it is considered as the excellent substitute of diesel oil or LPG/ CNG. As a kind of fuel， the increase of its market demand will be marvelous and the prospects of its development are good. At present， the output of dimethyl ether far falls short of demand of market. Therefore， the construction of this project is both the needs of the market and those of alleviating the petroleum shortage and has important practical significance for adjustment of our country’s energy structures， protection of environments， etc.Investment and source: The total investment is USD 87.84 million and the proportion of the investment to be attracted can be negotiated. Cooperation means: Joint venture， cooperation or exclusive investmentEstimated economic benefit: After the production targets are reached， the project can annually realize the output value of RMB 530 million with the profits and tax of RMB 220 million.Brief introduction to domestic investor:1. Name of investor: Qitaihe Development and Reform Commission2. Address: Taoshan District， Qitaihe City3. Contact: Zhang Jianfu4. Tel: 86-464-86852185. Fax: 86-464-86857116. Email: ZHYMGHGZJF@163.COMName of project: 300，000-ton/year PVC Resin Project in Heihe Economic Cooperation ZoneContent and scale of project: To construct two 150，000-ton/year production lines of PVC resin， the matched factory buildings and the auxiliary facilitiesProject overview: Polyvinylchlorid (PVC) resin is a kind of thermoplastic produced from VCM by the polymerization and one of the five kinds of universal synthetic resin among the synthetic materials. Its output ranks second， after that of polyethylene. With better electric performance， good flame retardency， high mechanical strength， corrosion resistance and better physical and mechanical functions， it can be used in producing building materials， packing materials， electronic materials， daily necessities， etc. Production of PVC resin consumes fewer resources and less energy and the raw materials are easy to get. Therefore， it has become a kind of universal plastic with better performance， the lowest production cost and the widest application fields， having bigger development prospects. At present， the 300，000-ton/year calcium carbide project has been started in Heihe City， which can provide rich raw materials for this project and reduce the cost of transporting raw materials. Heihe annually introduces from Russia electric power of 8 billion Kwh， a sufficient supply for the enterprises operating in this Zone.Investment and source: The total investment is USD 190.33 million and the proportion of the investment to be attracted can be negotiated.Cooperation means: Exclusive investment， joint venture or cooperationEstimated economic benefit: After the production targets are reached， the project can annually realize the sales income of RMB 1.3 billion， the profits of RMB 300 million and the tax of RMB 150 million. In addition， the surplus labor force of 500 persons will find jobs for the sake of this project.Brief introduction to domestic investor:1. Name of investor: Heihe Border Economic Cooperation Zone Investment Invitation Bureau2. Address: The Administration of Heihe Border Economic Cooperation Zone， Tongjiang Road， Heihe City3. Postcode: 1643004. Contact: Lian Xinhong5. Tel: 86-456-61018626. Fax: 86-456-61068887. Email: 6102277@163.comName of project: Auto Fittings Center in Pingfang District， Harbin CityContent and scale of project: To form an auto fittings selling system to supply auto fittings for surrounding areas， striving to realize the annual volume of business of RMB 20 billion and the profits and tax of RMB 300-350 million.Project overview: In face of the challenges to traditional commodity circulation industry of the globalization and the modernized logistics and the needs for hardware construction of market to keep up with a new round of competition， Pingfang District， by depending upon the three complete-vehicle producers (Harbin HF Automobile Industry Group Company Ltd， Harbin Jiancheng North Special Auto Co.， Ltd. and Longjiang Daewoo Bus (Harbin) Co.， Ltd) and Pingfang Auto Parts Industrial Park， strives to set up a marketing union from producers and agents to distributors， comprehensively pursues the new commercial management mode of Pingfang Auto Fittings Center and sets about the integration of the market resources. While forming the superiority in brand in the three provinces of North China， the project strives to become a “forward position” to comprehensively upgrade the brand image of the Chinese autos and open up the international market by circulation of the domestic autos， spare parts， fittings and clothes.Investment and source: The total investment is USD 586 million and the planned construction area is 600，000 m2. The proportion of the investment to be attracted can be negotiated.Cooperation means: Joint venture or cooperation1. Name of investor: Harbin Pingfang Investment Invitation Bureau2. Address: 98 Youxie Street， Pingfang District， Harbin City Postcode: 1500603. Contact: Zhao Haitao4. Tel: 86-451-865490775. Fax: 86-451-865277336. Email: zhtpingfang@163.comName of project: High-grade NC Turntable and NC Cutter Head Industrializing Project in QiqiharContent and scale of project: After the production targets of the project are reached， the enterprise will form the annual production capacity as follows: 190 sets of high-grade NC turntables， 250 sets of NC cutter head and 110 sets of NC special machine tools.Project overview: Qiqihar is an old industrial base of China and the industry of heavyduty machinery， especially NC machine tools， has been occupying a strategic position in China. Since China begins to implement the strategy of vitalizing the old industrial base of North China， the industry of machine tools of Qiqihar has been developing quickly and vigorously. With the constant development of large machine tool manufacturers， it is urgent to separate the auxiliary industries from themain industry of manufacturing， which helps highlight the main industry and quickly develop the auxiliary industries in order to gradually form a pattern of industrial cluster. Yutong Mechanical Manufacturing Co.， Ltd devotes itself to the development of high-grade NC functional parts. Having its feet firmly planted in North China， it is opening up the market throughout China. By means of innovations in systems， mechanisms and technologies， it aims at promoting the industrialization of highgrade functional parts of “Professional， Precision， Special” NC machine tools， gradually making itself an industrial base of functional parts of high-grade NC machine tools with advanced technology， complete functions and comprehensive matching.The project is under construction at present and will be put into production at the end of 2010.Investment and source: The total investment is USD 23.33 million， including the fixed assets investment of USD 18.95 million， the minimum floating funds of USD 4.38 million， the bank loan of USD 7.31 million and the selfraised funds of USD 16.02 million.Cooperation means: Joint-stock system， joint venture， cooperation or introducing the advanced manufacturing technologyEstimated economic benefit: After the construction of project is completed， the enterprise will annually realize the newlyadded sales income of USD 4.39 million and the newly-added total profits and tax of USD 13.11 million， with the investment profit ratio of 27.92%， the investment profit-tax rate of 39.06% and the financially internal rate of return of 45.31%. And the investment recovery period (before income tax) of the project is 4 years. At the same time， the project can provide jobs additionally for 1，200 persons.Brief introduction to domestic investor: 1. Name of investor: Qiqihar Yutong Mechanical Manufacturing Co.， Ltd.2. Address: 1 Xincheng Rd， Longsha District， Qiqihar City Postcode: 1610053. Current situation of enterprise: Qiqihar Yutong Mechanical Manufacturing Co.， Ltd， established in 2007， is a private enterprise in Qiqihar engaged in matching the equipment manufacturing industry. With the registered capital of RMB 38 million， it mainly deals in mechanical manufacturing， manufacturing of functional parts of machine tools， spare parts processing， equipment maintenance， technical consultation， etc. It has a staff of 100 including 30 engineering technicians. At the end of 2009 it had the total assets of RMB 57.56 million and the net value of fixed assets of RMB32.36 million with the assets-liability ratio of 41%.4. Contact: Ma Wu5. Tel: 86-153046288886. Email: tengda7026@163.comName of project: Fuhua Bio-pharmaceuticals Project in Heilongjiang ProvinceContent and scale of project: The first phase of project can annually produce tablets of 2 billion pieces， capsules of 2 billion pills and particles of 160 million bags.Project overview: The project will be constructed by two phases and an investment of RMB 60 million has been invested in the first phase of project which mainly produces solid tablets， capsules， particles and healthcare products. An investment of RMB 40 million will be invested in the second phase of project which mainly produces injection， soft capsules and biomedicines. After the production targets are reached， the whole project can annually realize the sales income of RMB 1 billion， the profits of RMB 175 million and the tax of RMB 30 million. In addition， the project can provide jobs for 800 persons.Investment and source: The total investment is USD 14.64 million and the proportion of the investment to be attracted can be negotiated.Cooperation means: Joint venture， cooperation or exclusive investmentEstimated economic benefit: The first phase of project will annually realize the sales income of RMB 300 million， the profits of RMB 60 million and the tax of RMB 10 million and can provide jobs for 300 persons.Brief introduction to domestic investor: 1.Name of investor: Heilongjiang Fuhua Group Corporation2. Address: Gannan County， Qiqihar City3. Current situation of enterprise: Heilongjiang Fuhua Group was established in 1992 with the registered capital of RMB 120 million. It was confirmed as a high-tech enterprise in Heilongjiang Province in 1998. In 2004 it was determined as a national leading enterprise in agricultural industrialization and appraised as one of the first batch of demonstration points in agricultural tourism by the National Tourism Administration. At present， Fuhua Group Corporation has 35 enterprises scattered all over China with a staff of over 1，800 and the total assets of RMB 1.1 billion. Its bank credit grade has reached AAA.4. Contact: Sun Guang5. Tel: 86-136345261116. Fax: 86-452-57592547. Email: sg0452@163.com