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1. Project Content : Project one: Rocker lever of saloon car, with total investment of USD 625,000 which mainly be invested on equipments. Thus, in the first phase, 120,000 rocker levers can be supplied with an estimated sales income of USD 1, 500,000. Project two: Assembly rocker lever for lightweight engine, with which USD 875,000 is invested. Thus, 480,000 sets can be produced each year with an estimated sales income of USD 4,875,000. Project three: Electronic four-valve rocker assembly, with which USD 1,125,000 is invested with a designed output of 50,000 sets and an estimated sales income of USD 375,000.
2. General Information of the Project Enterprises : Jianghua Motor Company, a prestigious enterprise manufacturing conventional weapons and rocker in engine valve, locates at the famous historic and cultural city of Xiangfan City, Hubei Province. It borders on Jiaozhi Railway (Jiaozuo-Zhijiang Railway) in the east, adjoins national highway 207 in the west, near Hanjiang River in the north, half hour- drive away from Xiangfan airport. The company was established in 1965, and holds more than 1100 employees, including 125 engineering technicians. Owning a fixed total asset of 15 million dollars and 730 sets of manufacturing equipment, the factory possesses the ability of frame, punching, welding, heat treatment, investment casting and die-casting. Being authenticated by ISO/TS16949: 2002, the company now supplies products to 8 engine manufacturers including Dongfeng Honda Engine Company, Cummins Engine Company, GuangXi Yucai Company and Shanghai Diesel Company.
3. Current Status: All the three projects mentioned above are developed well in technology, manufacturing techniques and marketing. Including, assocatioin has been concluded with Commins Engine Company and Beiqi Foton Motor Co., Ltd on supplying of rocker lever for saloon car; Dongfeng Honda Engine Company on supplying of assembly rocker lever for lightweight engine; and also set an agreement with Shanghai Diesel Company on supplying electronic four-valve rocker assembly.
4. Economic and social benefits: The total investment of $2.65million will bring about $10 million output and in two and half a year the investment will be recovered.
5. Cooperation Form : Both joint venture (in which the joint proportion could be negotiated) and more flexible cooperation on capitals, techniques and management are feasible.
6. Contact: Company: Invistment Promotion Center of Xiangfan High-new-tech Industrial Development Zone Tel: 0710-3311970 Fax: 0710-3313587 Contact Person: Liu Haitao 1308529886; Ma Zuofei 0710-3862268; 13597469158
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