Project Name

To expand the production of parchment

Initiator

Shaoxing County Tianming Paper Co Ltd

Project Summary

The total investment will be US$3 million, registered capital US$2.5 million. Technical renovation will be carried out on the existing business. Market research finds that there is in China only one small parchment manufacturer based in Shandong Province who lags far behind overseas counterparts in quality and technologies. Operational, the project will turns out color parchment and sales are expected to reach 70 million yuan and profits 5 million yuan.

Brief of the Initiator

Set up in Jan. 1997 and covering 36,000sqm with floorage of 21,000sqm, the company enjoys easy access with the entry to the Hangzhou-Ningbo Freeway only 3km away. Assets total 33.18 million yuan including six paper-pipe production lines and five paper-making lines. Employees number 524 including seasoned professionals for designing, manufacturing and lab testing.

Form of Cooperation

Equity or contractual joint venture or wholly foreign-owned enterprise

Ratio of Foreign Contribution

25-100%

Contact

Mr. Gao Qunjie

Tel

0575-5101376

Mobile

13002632627

Fax

0575-5101154

Zip

312072

E-mail

Add

Ma'an Town, Shaoxing County, Zhejiang Province