The project undertaker : Tianjin Dacheng Hardware Factory

The total estimated Investment: 5000 thousands USD

Way of Investment: Joint Venture or Co-operative

Investment Ratio: China 50%, Foreign 50%

Anticipated Investment Return Term: 6 years

Address: #57 Changde Road,Heping District,Tianjin

Tel: +86-22-23397770

Fax: +86-22-23397770

E-mail:tjmi@sina.com

Market Forecast:

The market forecast show that these products are market-leading products. These products widely used and become more popular. The market capacity is becoming larger. According to the forecast from Shanghai Cable Research Institute: the aluminum-plated wire used in the Three Gorges Electricity Network of Yangtze River in 2003 will be 20 thousand tons. This hi-tech extra value product is sold at 150 to 180 thousand yuan a ton. The sales profit rate will be 20-25%. If the annual

produce amounts to 4000 tons, the annual profit will be 12000 to 15000 will million yuan. Up till now there are 4 factories that could produce this product. The total designated capacity is less than 20 thousand tons. Due to the complicated skill, building up this kind of plant and the project will take 3-5 years to master the skill.

The brief introduction to the Chinese enterprise:

Tianjin Dacheng Hardware factory subordinated to Tianjin Metallurgical industrial Corporation is the key enterprise producing the metal wares. Located on #987 Dagu South Road Road, Hexi District, Tianjin. The main products made by this factory are aluminum-plated steel wire series product. The technological reform project of the aluminum-plated steel wire is our national important project. The annual designed capacity could be 3000 tons of aluminum-plated steel wire and 2000 tons of aluminum-plated coiling wire with the total investment of 10300 thousand yuan. The set asset amounts 98000 thousand yuan. The construction area will be 1510 thousand square meters. The main set producing machines like BWE aluminum-plated steel-plated machine, Hawlton aluminum tube pressing machine are introduced from England. The straight-line wire drawing machine is imported from Italy M. Frigerio Company. Each set machine apply the computer controlling system. The equipment has reached the international standard. of the early 1990's. At the same time there is a batch of talented people mastering skill software tricks