Name of The Project: Zn-rich Mineral Water
Sorts of The Project: Green Agriculture
Production Scale of The Project Producing Zn-rich mineral water of 30,000ton/year.
Outline of The Project Wuying Zn-rich Mineral Water was found by Wuying Government when did detailed investigation of water resources in the water supply project. The provincial planning committee approved the project in 1994. This kind of mineral water was investigated in detail and two wells were formed. The Geological And Mineral Bureau of Heilongjiang Province, the Geological And Mineral Ministry of P.R.C., the Reserves Committee of Heilongjiang Province audited the project from May to July of 1995 and named it "quality Zn-rich drinkable mineral water of low-sodium, low minerals", and approved B-grade daily exploitation capacity of 290 cubic meters, belonging to large mineral water project. Wuying Forestry Bureau entrusted The Forestry Design And Research Institute of Heilongjiang Province to do feasibility study report and discussed for the project in May 1999, which identified that this project will have good benefits and low risk, and all of the economic indexes have reached the requirement of the development construction.
The sales direction of the product Developing the markets at home and abroad together.
Estimation of The Project's Investment
Total investment: US$6million, including construction capital of US$5.75million. Newly increased fixed assets: US$4.32million; Registered capital: US$5.28million, including
- Domestic investment: US$1.58million, accounting for 30%.
The way of investment: Resources, properties, land.
- Foreign capital planning to use: US$3.7million, accounting for 70%.
The way of foreign investment: Capital, equipment.
The way of Cooperation Joint venture, cooperation.
Estimated economic(social) benefits after the construction of the project The annual sales incomes will be US$5.031million when the project is completed. And the annual profits after taxes: US$1.056,9million; The investment profits rate: 29.8%. The investment profits and taxes rate: 35.43%; Financial inner earning ratio: 25.52%. The investment payoff period will be 4 years (calculated with the production period). The employed workers will be 82 people when the project is put into use in commission.
Brief Introduction to domestic investor
- Name of Company: Wuying Forestry Bureau of Heilongjiang Province
- Address: No. 85 Center Street, Wuying District, Yichun City
- Present Situation of Enterprise: Wuying Forestry Bureau, lying in the hinterland of Xiaoxing'anling, middle and upper reaches of Tangwang River, subordinated in Yichun City administratively, takes total plot area of 120,573 hectare, and woodland area of 11,000 hectare. Wuying Forestry Bureau, founded in 1957, have formed the setup of diversified industries including timber production, forest culture and management, forest tourism, etc. The enterprise has 9,800 staffs and workers at present, and fixed assets of RMB100million yuan, realized GDP (gross domestic product) of RMB300million yuan annually.
- Person To Contact: Zhang Hengfang
- Tel: 0458-3812610 Fax: 0458-3812610
- Post Code: 153033
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