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Name of Project : Production Base of Modern Residence and Office Series Furniture

¡¡ Construction Site : Factory yard of the Owner

¡¡ Total Investment : 117.1million dollar

¡¡ Funding Scheme : Financing

¡¡ Category of Trade : Industry

¡¡ Progress Status of the Project : Approved and under preparation

¡¡Planned time for going to Operation : the year of 2002
¡¡

¡¡ Project Profile:
¡¡ Tianjin Longqing corporation LTD enjoys advantages in management, technique and sale network, as well as natural condition in geographic position and climate. The company is well prepared for accelerating the modernization of furniture industry by technique progress. It is planned to build a production base of modern residence and office series furniture through importing the advanced technique and equipment from foreign countries. By using information technique and new & hi-tech, the science and technique content will be increased in furniture and the concept of environment protection will be embedded in them. Furniture products will be upgraded so that more of them will be exported for creating more foreign exchange.


¡¡ Construction Scale and Content:
¡¡ Bring in six production lines for wood bed series, wood kitchen series, adjustable leisure sofa, Miracle bed mattresses and plastic sprayed steel bed. Establish CAD/CAPP/CAM system to realize CIMS (contemporary integrated manufacture system) in furniture production. Build workshop of 5500 square meters and revamp original workshop. Annual production of wood bed series, wood kitchen series, office furniture, Miracle bed mattresses and reaches 110 thousand sets and plastic sprayed steel bed reach11 thousand, 12 thousand, 112 thousand 20 thousand, 26 thousand and 28 thousand respectively.


¡¡ Social and Economic Benefit:
¡¡Yearly production of various kinds of furniture reaches 348 thousand sets, yearly sales income amounts to 353.8 million Yuan, profit to 56.7 million Yuan. Inner return is 28.38%. Create foreign exchange of 18 million Yuan.

¡¡

¡¡ Construction Unit : Tianjin Longqing Corporation Ltd.
¡¡ Person in Contact :
Zhu Jianbai
¡¡ Telephone for Connection : 27380328

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