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Name of Project : Transformation of Tianjin Charade

¡¡ Construction Site : Xima villege, Zhongbeixie County, Xiqing District

¡¡ Total Investment : 450million dollar

¡¡ Funding Scheme : Funds raised by issuing stock and bank loan

¡¡ Category of Trade : Industry

¡¡ Progress Status of the Project : The project has gone into operation.
¡¡
¡¡Planned time for going to Operation : Jun. 2000
¡¡

¡¡ Project Profile:
¡¡Approved by State Development Planning Commission, the Charade will be upgraded. Besides the annual yield of 150000 original mode motors, a new NBC mode is imported to renovate Charade. The annual yield of new mode Charade will amount to 120000 motors.


¡¡ Construction Scale and Content:
¡¡ Construction scale: The annual yield of 120000 NBC serial motors. Construction content: construction of assembly & welding workshop, reconstruction and expanding construction of assembly workshop, coating workshop and pressing workshop. Supplement of main equipments, dies, checking fixtures to form a production line of pressing, coating, assembly & welding and general assembly.


¡¡ Social and Economic Benefit:
¡¡ After the upgrade of Charade , the output value will add 5078.48 million yuan each year with the profit tax of 588.4 million yuan and profit of 340.8 million yuan.


¡¡

¡¡ Construction Unit : Tianjin Charade Motor Stock Co
¡¡ Person in Contact :
Chen Yandong
¡¡ Telephone for Connection : 27950277

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