Company: Tianjin Huaneng Group Energy Equipment Factory

Estimated total investment: US$2 million

Mode of investment: Joint venture

Investment ratio: Chinese side: 30%; foreign side: 70%

Estimated recovery period: Two years

Add: No.119, Yuyang South Road, Jixian County, Tianjin

Contact: Zhang Junru

Tel: +86-22-29133572/13802036590

Fax: +86-22-29131710

E-mail: tjhnhl@160.net

Market forecasting:

Heat pipe energy-saving product series are widely used in chemical industry, food, pulp, plastic film and other industries. It distinguishes itself by solving the shortcomings of original equipment by adopting heat pipe technology and is a product for renewal and upgrade. Nowadays, about 5,000 pieces and sets are needed in the country and there are only four to five production enterprises within the country, hence good market prospects. It is estimated that after the project is put into production, its annual sales will reach US$5 million and profits US$1 million. Its investment repayment rate is 50%.

An introduction to the Chinese enterprise:

At present, Tianjin Huaneng Group Energy Equipment Factory has a production capacity of 120 pieces and sets, with an annual output value of 13 million yuan. It owns four production workshops and has a staff of high quality and high professional level and all its products can be sold. It now occupies a land of more than 10,000m2 and has 4,400m2 factory building, 30 electric welders, six punches, two lathes and one hydraulic press, enjoying convenient communications equipment and ample water supply and drainage facilities.