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| Project of Producing 60,000 Sets of Air Suspension System for Vehicle |
| 2008-08-26 |
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1 Project Content
The project will be sited at Erliban, Jiangxian. Air suspension system is the key component to improve the performance of the high grade passenger cars. According to the development program of some large high-grade passenger cars groups, the demand to such product will reach 100,000 sets. Therefore, a vast prospect should be expected in the market.
2 Investment Budget
The total investment of the project is 15.15 million USD, in which 7.28 million USD will be raised by the enterprise itself, 7.87 million USD will be introduced from others.
3 Construction Content & Scale
It is a new project. It will form a production capacity of 60,000 sets of air suspension system per year through the project.
4 Supporting Conditions
Now the corporation has 791 m2 of land and 1.16 million m2 of building area available, in which the production buildings covers an area of 550,000 m2. There are 6 plant buildings whose area exceed 10,000 m2. The supporting facilities, such as the water, electric power, road, communication and etc. can satisfy the investment requirement. |
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| * industry |
| Mechanical & Engineering Industry |
| * investment area |
| Yuncheng City,Shanxi Province |
| * market analysis |
| When the project is completed, the annual sales income will be increased by 32.5 million USD with the profit increased by 4.88 million USD and the taxes and duties increased by 2 million USD. |
| * process of project |
The project is in accordance with the industrial policies set up by the state and the province. Meanwhile, it conforms to the land policies set up by the state. It has been approved by the relevant authorities in charge of the land resources, urban construction and environmental protection through preliminary reviewing. At present, it is under the progress of registration application.
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| * organizer |
| Zhongxin Electromechanic Manufacturing Co., Ltd |
| * organizer introduction |
| It was founded in 1970. It is a state-owned enterprise with the fixed assets to be RMB 690 million yuan. It is mainly engaged in the production of vehicle components and parts, semi-finished casting and forging products, and etc. Now the corporation has a capacity of 60,000 sets of heavy bridge, 50,000 sets of clutch, 5,000 sets of light bridge, 50,000 sets of torsion lever, 2 million sets of gear worm, 50,000 sets of automatic brake adjuster, 1,500 sets of air suspension system, 13,000 tons of vehicle forging, 25,000 tons of casting and 25,000 tons of forging. |
| * organizer address |
| No. 20 Postbox, Erliban, Jiangxian County, Shanxi Province |
| * organizer contact person |
| Li Jianxin, Zhang Gang |
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