| Project Title： Transfer of Partial Ownership of Zhenjiang Jinhe Paper Co., Ltd. |
Project Sponsor：
Zhenjiang Jinhe Paper Co., Ltd. |
Industry： Manufacturing |
Estimated Payback Period： year(s) |
Total Investment：
565Ten Thousand US dollars |
Project Construction Period： year(s) |
Estimated Payback Rate(%)： |
| Cooperation Form： Solo investment（）joint venture（√）Co-production（√）Transfer（√） Leasing（） Others（） |
| Project Features： New Project（） Modernization（） Expansion（） Preliminary land development（） Others（√） |
Project Summary：
The project plans to transfer partial state ownership and invest 199.61million yuan to renovate the program of 50,000 t/y intermediate and high-grade cultural paper and auxiliary pulp lines, increase the production of paper and pulp by 80,000 t/y, and a new added tax and profits of 43.39 million yuan. |
| Project Preliminary Proposal & Work Progress in the First-phase
The overall restructuring program of the company has been reported to related government authorities, and the planned project has got the approval of related provincial and municipal departments and been submitted to the State Economic and Trade Commission for approval.
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| Market Analysis：
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| Brief Introduction to the Project Sponsor
With a registered capital of US$ 14.132 million, Zhenjiang Jinhe Paper Co., Ltd.is a joint venture, whose shares are controlled by the state. The company is a large-scale enterprise with a complete set of manufacturing systems such as pulpmaking, papermaking, paper processing, recovery of alkali,water and heat, power generation, and sewage treatment. It has an annual paper & pulp production of some 100,000 tons. In 2003, its sales amounted to 160 million yuan.
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Contact：Yang Zhenxing
add：41 Yuehe St, Jianbi Town, Zhenjiang |
Tel：83361361-8010 13952802863
Zip： |
Fax：0511-83361362
E-mail：zjgrinfo@public.zj.jx.xn
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