Top-grade high/low tension switchgear

Priority Project for Cooperation from Zibo City

1. Project name and construction scale

Top-grade high/low tension switchgear

2. Brief introduction to project

Production scale: 1,000 high-tension switchgears, 2,000 low-tension switchgrears and 500 box type substatoin per year.

Features of the production and Market analysis: It is predicted that by 2020, installed capacity in China will exceed 900 million kW. However, the existing installed capacity is only 300 million kW. To fulfill this target, an addition-installed capacity of 30 million kW must be added each year. Therefore, the market prospect is promising.

Means of cooperation: Joint venture

Total investment estimated for the project: 18.75 million US dollars

Forecast of economic benefit: A production value of 300 million RMB Yuan can be realized in the same year. The sales income is 270 million RMB Yuan and the profit and tax aggregate is 85.72 million RMB Yuan.

Planned foreign capital importation: 8.75 million US dollars

Foreign partner can take majority of shares

3. Brief introduction to project unit

    Unit name: Shandong Jinhua Electrical Equipment Co., Ltd.

Company address: Xingjia Town Industrial Park, Huantai County, Shandong Province

    Owner ship: stork system

Registered capital: 15.08 million Yuan.

Main product, quality and economic benefit: mainly engaged in manufacturing of Europenan/American Style box type substation, <40.5kW high/low-tension switchgear, energy-saving type transformer, inserting busbar and cable trestle, etc. The company has passed ISO9001 quality system certification, CCC certification for Chinese Electrical Products The company’s annual sales income has reached 200 million RMB Yuan, with a profit and tax aggregate of 28.6 million RMB Yuan.

Floor area: 67,000m²      Building area: 30,000m²

Existing capital: 120 million Yuan

Number of employees: 300

4. Means of contact

Contact person: Liu Sihua

Tel: +86-533-8086838  8080258

Fax: +86-533-8082369

Web side: http://www.sd-jinhua.com

E-mail:jinhua01@sd-jinhua.com