Light Industry & Textile Tourism

 

1. Introduction to the Project
1.1 Project Background
1.1.1 P roduct Introduction
Fishing is an activity integrating entertainment, self-cultivation, and athletic sports. 
1.1.2 Market Prospects
According to the "statistics product category" recently released by the National Bureau of Statistics in 2010, there are 154 kinds of cultural and educational products (not including pens), and 148 kinds of sports products (including fishing device). In 2011, the annual output value of national fishing tackle manufacturing industry was more than 15 billion yuan, and exports were nearly $ 1.1 billion. From January to September in 2012, the total exports reached to$ 925 million.
1.1.3 Technical Analysis
The Project Sponsor cooperated with South Korea N • S Company in 2008 to establish South Korea N • S Meihe Fishing Gear, which becomes the professional manufacturer of high-grade fishing rod and luya fishing rod. In product design, the company focuses on putting the high-end product line pole body, material, structure to the low-end fishing rod series, so that most anglers can experience the advanced manufacturing technology and advanced pole fishing method at low and middle-end cost. The project intends to adopt CAS technology.
1.1.4 A dvantageous Conditions of Project Construction
The project site is located Meihekou Economic Development Zone. With a good ecological environment, infrastructure improvement and complete supporting facilities, it is a vibrant and innovative integrated zone. The project is built in the area, and has many obvious advantages.
1 Policy Conditions
2 Location Advantages
Meihekou City, located in the southeast of Jilin Province, on the western foot of Changbai Mountain, upper stream of Huifa River, the intersection of the Changbai Mountain area and the Songliao Plain, has historically been an important transport hub and business center in southeast of Jilin Province, and it has been known as Changbai Mountain portal. Meihekou Economic Development Zone has provincial economic management authority, owning the planning area of 17 square kilometers. There is nuts food industry zone, metallurgical industrial zone, trade and logistics area, technological and cultural living area etc. in the zone. With a modern standard workshop, this zone has complete infrastructure and perfect service function, providing ample space for development enterprises settled in it. All kinds of enterprises in the zone can use the most preferential investment policies of Jilin Province. 
3 Technology and Talent Advantages
1.2 Content and Scale of Project Construction
1.3 Total Investment and Funds Rising of the Project
The total investment of this project is 100 million yuan, which contains 75 million yuan in fixed assets investment.
Table 1: Summary Table of Total Investment of ProjectUnit: Ten Thousand Yuan
No.
Name of Expense
Investment Amount
Percentage to Total Investment %
Remarks
1
Construction Investment
7500
75
 
2
Interest incurred in construction period
 
 
 
3
Working Capital
2500
25
 
 
Total Investment of the Project 1+2+3
10000
100.00
 
1.4 Financial Analysis and Social Evaluation
1.4.1 Major Financial Indicators
 
 
 
 
No.
Name
Unit
Indicator
Remarks
1
Sales Income
Ten thousand yuan/a
15000
Normal year
2
Total Profit
Ten thousand yuan/a
5000
Normal year
3
Financial Internal Rate of Return of All Investment
%
25
After the income tax
4
Financial Net Present Value Ic=10%
Ten thousand yuan
4515.29
After income tax (operating period of 10 years)
5
Payoff Period of All Investment (After Tax)
a
4.35
Including 2 years construction periods
6
Profit Margin of Investment
%
25.4
 
Note "Ten thousand yuan" in the table is RMB.
1.4.2 Social Evaluation
1.5 Ways of Cooperation
Joint venture, cooperation, and jointly develop the market.
1.6 What To Be Invested By Foreign Party
The Chinese Academy of Sciences provides technical support and the foreign party provides funds.
1.7 Construction Site of Project
Meihekou Economic Development Zone
1.8 Progress of Project
Project cooperation plan has been prepared, and the preliminary work is in progress.
2. Introduction to Partner
2.1 Basic conditions
Name Meihekou IHUA Metal Structures and Components Co., Ltd.
Add Tuanjie Village, Heishantou Town, Meihekou City
2.2 Overview
2.3 Contact Methods
Contact unit Meihekou Economic and Technical Cooperation Bureau
Contact Persons Piao Zhenyu  Li Zhengda
Tel 0435-4253155   0435-4225667    15643573335
E-mail mhkspzy@163.com
Postcode 135000
 
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