Company : Tianjin Hangu Transport Company

Business Summary: Construct a six-storey multi-functional building of 4,000 square meters, two close-styled warehouses with total 2000 square meters, auxiliary buildings of 1,000 square meters, stack-yard of 11,000 square meters, parking lot of 3,000 square meters, 27 load and unload machines and other auxiliaries.

Total Investment: 2.95 million USD

Business Form: Equity Joint Venture

Contribution Proportion: Overseas investors own 49% shares

Investment Recovery Time: 10 years

Contact Person: Dong Xinping

Telephone Number: 67194158, 13902057701

Fax: 67198506

Market Forecast:

RMB 6.5076 million yuan of annual profit can be expected, from which RMB 1.5388 million yuan will be deducted as depreciation.

Brief Introduction of Chinese Partner:

Being a medium-sized state-owned company engaging in transportation, it has 962 employees, 134 trucks, a fixed capital of RMB 34.21 million yuan. Six transport teams, one long-distance passengers' transport company, one automobile technique supervising station, one motor repair shop and one modernized commodity interflow center are its subsidiaries.