Undertaking Unit: Tianjin Danhai Company (Ltd)

1.Estimated total investment: 194.8 million RMB

2.Way of Investment: joint venture and cooperation

3.Prpportion of the Investment: 72 % by Chinese side, 28 % by foreign side

4.Contact adreess: Economic Development Area, Xiqing Distric

5.Contact Person: Liu Jiafan

6.Tel No: 0086-22-23972192

8.Fax No: 022-23972393

Market Prediction

There is an annual demand for 250,000 to 300,000 tons of resolvable mother material in China. The annual production capacity of the company is 30,000 tons of resolvable mother material , of which 10,000 tons is used by the company and 20,000 tons is put into the market. In addition, 3p0,ppp tons of resolvable plastic p5roducts are made by the company each year. The mother material is sold to large and medium-sized cities and the distributing centers of plastic film products. The plastic film products made by this company are mainly sold to the northeast part of China. The initial sale network has been set up with a number of stable customers after the market promotion in the last two years. The customers are satisfied with the good quality of the products and the supply of the products can not meet the demand. The supply intent with the customers from Japan, the U.S., Australia, Brazil, Denmark, Iceland and etc. Have been made. The products of this project can be sold in the broad domestic market and in the possible international market. The total investment of the project is 111194.ip1 million yuan. The annual production capacity is 30,000 tons of mother material and 30,000 tons of finished products with 592 million yuan of output value and 101 million yuan of profit.

Briefing of the Company

Tianjin Danhai Limited-Liability Company is a high technology and science enterprise specialized in producing resolvable plastic. Parts of the infrastructure, public engineering, factory building and equipment have been built or installed. The production line for making 5,000 tons of resolvable plastic products has been put into trial operation. The production line for making 30,000 tons of resolvable plastic mother material is under construction. The company has a trial production capacity of making 15,000 tons of the material.