Line: Machinery
Introduction to the project
Description of the project: Located in Benxi County, Liaoning Province, Liaoning North Crankshaft Co., Ltd. is a privately operated joint-stock system company and also one of the biggest crankshaft manufacturers in China. It has ranked the first in selling the crankshaft throughout the country since 2001.The company produces over 60 products for petroleum and diesel engines in 20 series of crankshaft supplying over 20 engine manufacturers. The products are sold to more than 30 provinces, cities and autonomous regions. There are 3 forging production lines with an annual output of 1.8 million forgings (including 600,000 crankshafts), weighing 34, 000 tons of forgings.
Market analysis: In recent years, the company has a prosperous future owing to rapid development of mobile industry in China. The company has reached to an output of 373.000 pieces of forging in 2004. As the products can not meet the market demand, the company seeks partners to enlarge both the varieties of products and production scale.
Project type: Expand Construction period: 2.5 years
Rate of return on capital stock: 30% Static payback period: 5 years
Cooperative ways: Joint venture or cooperative joint venture
Total investment: RMB 250 million
Total investment from the initiator: RMB 50 million
Investment ways: Cash or equipment
Total investment from the investor: RMB 200 million Investment ways: Cash
Introduction to the initiator
Company name: Liaoning North Crankshaft Co., Ltd.
Legal person: Zhang Baochang General manager ( Director): Zhang Baochang
Company Add: Xiaoshi Town, Benxi Man Autonomous County, Benxi City, Liaoning Province
Postcode: 117100 Website: www.bfqz.cn
Contact person: Zhou Guibiao, Liu Suyin
Tel: 0414-6821346 Fax: 0414-6823020
E-mail: zbchang5148@sina.com
Ownership: Private
Registered capital: RMB 300 million Employees: 2,000 In which Technicians: 358
Introduction to the products: 373,000 pieces of crankshaft in 2004
Main equipments: Covering area of 230,000 m2, construction area of 100,000 m2, over 2,000 sets of equipments available.
Initiator qualification: The company is authorized to run import and export business. The products are authenticated through ISO9002 system. The enterprise was awarded “AAA class brand enterprise of quality, service and credit” and “reliable product in both domestic and international market” and so on.
Main financial index: Annual sales income reached RMB 175.08 million, taxes RMB 17.48 million and profit RMB10.49 million in 2004.
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