Project Unit : Tianjin Lichong New-style Board Company Ltd.

Project Number: 2-35

1. Total estimated Investment : 700 million USD

2. Terms of Investment : Joint Venture

3. Ratio of the Investment : 60% by Chinese, 40% by foreign

4. The Estimated Term of Investment Reclaim : 3 years

5. Contact Address: No.65 Fumin Road, Hedong District. Tianjin

6. Contact Person : Pan Yao

7. Tel : 022-84296899

8. Fax : 022-84296899

Market Prospect:

Aluminum-plastic is a new-style board which is very popular for building decorations in recent years. Due to light weight, colourness, high-strength, long life and easy processing, it is now one of three best materials in building decoration market besides marble and glass wall. At present, the demand of the board at home is about 100 million square meters. The present annual national production is 40-50 million square meters, while another 50% has to be imported. According to the estimation made by the department concerned, the demand of aluminum-plastic board from 1997-2000, increased 30-35%. Thus the great market potentiality and rich profit will bring a satisfied reclaim for investors. Therefore, the company is seeking corporation, so as to expand the production, thus, occupying more space of the market to make greater achievements.

A Survey of the Chinese Partner

Tianjin "Lichong" New-style Board Company Ltd. is situated at Tianjin Economic and Technological Development Area, covering an area of 1.8 hectares with 10,000 square meters construction area, 7047 square meters production workshops, 3000 square meters office and apartment buildings and 7200 square meters green land. The company, a modern green and non-polluted enterprise, is now able to produce 650,000 square meters of inner and outer board walls by the auto-computerized production line of aluminum-plastic board.