¡¡¡¡Content:ª¥
¡¡¡¡The college includes agriculture school, medical school and mechanic and electric engineering school merged in Aug. 2002 with an educational history of 100 years. The Agriculture School, founded in 1905, was the first agriculture school in Hunan and the key secondary technical school at the state level. The Medical School, founded in 1951, was the key secondary technical school at provincial leve.
¡¡¡¡l. The Mechanic and Electric School, founded in 1977, was the central south branch of Beijing Agricultural Machine College. During the past one hundred years, the three schools have trained more than 100 thousand talents for the country. In order to speed up the college development, the following ways will be adopted to collect fund to run the college.
¡¡¡¡Wholly selling: The investor can purchase the fixed assets of the whole college, run and manage the college by himself. The tuition income and training charges are returned to the investor. The relocation of teachers and staff members in the college can be discussed separately..Taking shares to manage the college: About 24.3 million USD are needed to perform the second and third expansion engineering. The benefit is distributed according to the proportion of the investment in the total assets. The college will set up a board of directors to run and mange the college.
¡¡¡¡To construct an affiliated hospital: According to the medical major arrangement, upon the approval of the People's Povernment of Changde City, a hospital with the total investment of about ¡ç18.2 million will be constructed in stages. The investment in its first stage is 6 million USD. Its site has been selected. The project can enjoy preferential policy for public affairs investment. ª¥
¡¡¡¡To construct a factory for students to practice: According to the major arrangement, the college will construct some mechanic, electric and medicine processing factories as the students' practice base and the products there can be marketed. Its investment can enjoy the preferential policy of tax exemption for the practice factories in colleges and universities. The investment is estimated to be¡ç13 million.ª¥
¡¡¡¡To construct a new hi-tech agricultural garden: The college rented the land of 20.2 hectares for 20 years for developing the hi-tech agricultural products. It combines the new modern agricultural technology with the modern leisure and tourism agriculture and will create a good benefit. The investment is estimated to be¡ç11 million Market and Benefit.
¡¡¡¡Prospects:ª¥
¡¡¡¡Education is one of the important development fields of the public and private investment, public and private consumption and the enlargement of internal and external demand in China, and is the industry of universality, wide market, great development potential and good economic and social benefit at present and in the future. ª¥
¡¡¡¡Market: The three portions of enrolment are: (1) Outstanding graduates of junior middle school of the previous year (2) Graduates of senior middle school of the previous year and this year (3) Graduates of secondary technical school and vocational middle school. The graduates of junior middle school in Changde Vocational Technical College are from Changde city and the other cities and the graduates of senior middle school from the whole country. Market estimation: As to the student resource in Changde city, there will be a new student enrolment peak in middle schools till 2007. The students at schools grow year by year. According to the statistics of the educational department, the number of students in junior middle school will be 300 thousand and the number of graduates from junior middle school will be 100 thousand in 2003 and 80 percent of them are desirous for further education. But at present the student enrolment in senior middle schools, secondary technical schools and vocational senior middle school is less than 50 thousand. Even the enrolment is expanded on a large scale, the graduate resources of the senior middle schools are rich in Changde. According to the investigation, 56%of graduates from the secondary technical schools and the secondary vocational schools hope for further education and 21%of graduates hope for higher vocational education, which will provide a large new student resource for the college.ª¥
¡¡¡¡Advantagesª¥Firstly, there's a wide coverage of majors in the college and a strong competition among its equivalent universities and colleges. The college is the largest comprehensive one in Changde with complete specialties and the most modernized facilities and takes a lead of its the same universities and colleges in Hunan province.ª¥
¡¡¡¡Secondly, the college has the mature experience for running secondary vocational education.The specialties have covered the most of industries in the economy and society of our city and will make great contribution to the vocational education and economic development.ª¥
¡¡¡¡Thirdly, the college has set up the first brand of vocational education with high educational quality, strong teaching force, perfect educational system and employment promotion system and beautiful and civilized campus.
¡¡¡¡Fourthly, the college has got the strong support from the state and various local governments and is the model for development of vocational education on priority.ª¤
¡¡¡¡Present status:ª¥
¡¡¡¡Faculty: There are 552 teachers and staff members working in the college. 110 teachers have the title of associate professor and 159 lecturers. About 80 teachers are studying for master degree and doctor degree. ª¥
¡¡¡¡Fixed assets: About¡ç35.8 million ª¥
¡¡¡¡1. Land: The requisitioned land is 52.87 hectares, worth of 15.35 million USD. The rented land is 1.35 hectares. The college covers an area of 73.07 hectares.ª¥
¡¡¡¡2.The college is in debt (about ¡ç8.20 million )ª¥
¡¡¡¡a. The three schools were in debt of ¡ç0.93 million ª¥
¡¡¡¡b. Loan of¡ç1.82 million from the Construction Bank. ª¥
¡¡¡¡c. Owing ¡ç4.85 million to the construction units ª¥
¡¡¡¡d. Other debt of 610 thousand million USD.ª¥
¡¡¡¡The intangible net assets: ¡ç27.60 million (not including the engineering underconstruction) ª¥
¡¡¡¡Financial status: ª¥
¡¡¡¡1. Present stage: Taking the year 2004 as an example to calculate. ª¥
¡¡¡¡Income:ª¥
¡¡¡¡a. Financial allocation: 1.21 million USD ª¥
¡¡¡¡b. Tuition income: 3.03 million USDª¥
¡¡¡¡c. Other income (Adult Education College, affiliated hospital, logistics company and drivers' school): 610 thousand USD. ª¥
¡¡¡¡Expenditure: 2.18 million USD.ª¥
¡¡¡¡Profit in 2004: 1.46 million USDª¥
¡¡¡¡2. Benefitª¥According to the present situation, the number of students in the college will be about 15 thousand and the college shall be mainly based on the professional training course and undergraduate course for partial majors. ª¥
¡¡¡¡(1)Incomeª¥
¡¡¡¡a. Tuition income: 15 thousand students includes 50 thousand students for medical major, 50 thousand students for engineering and 50 thousand for other majors (including business management, Chinese and English secretary, English, biological engineering). The tuition standard for medical major students is 510 USD per capita per year, engineering major 485 USD and the other majors 424 USD. ª¥
¡¡¡¡b. The socialized service of students' flats. The college signed a management contract for 14 years with the logistics service company that collects the boarding fees. The annual boarding fee will be 2.18 million USD calculating as per 146 USD for a student per year. ª¥
¡¡¡¡(2) Costª¥Calculated as per the faculty of 500 now in the college. ª¥
¡¡¡¡a. Per capita average expenditure per year: 6060 USD. ª¥
¡¡¡¡b. Teaching affairs expenditure: 300 classes, 1212 USD for one class per year.
¡¡¡¡c. Building maintenance fee: the fixed assets are 30.3 million and the maintenance fee shall be deducted as per 0.5%ª¥
¡¡¡¡d. Scholarship: 6 USD per person per year.ª¥
¡¡¡¡e. Teaching fees: experiment and practice charge, 12 USD per person per year ª¥
¡¡¡¡f. Public electric and water charge: 12 USD per person per year. ª¥
¡¡¡¡g. Office fee: 36 USD per person per year. ª¥
¡¡¡¡They are 4.482 million USD in total. ª¥
¡¡¡¡(3) Profit ª¥
¡¡¡¡The profit of the first 14 years is the difference of income and cost, and the annual profit is 2.56 million USD. The annual profit after14 years will be 4.74 million USD.ª¥
¡¡¡¡(4) Financial evaluation ª¥
¡¡¡¡According to the above analysis, the investment in the college will get rapid benefit and high return rate. With the development of the college, the wider financial resources can be opened, such as vehicle driving and service training, diploma upgrading of the students in the college, remote network teaching, self-madetraditional Chinese patent medicine in the hospital, preparation processing, college-run machining factory and agricultural research industrial garden. ª¥
¡¡¡¡Especially various short time training and professional skill appraisal will bring a remarkable income.ª¤
¡¡¡¡Policy:ª¥
¡¡¡¡Civilian educationª¥
¡¡¡¡According to the related Policy of the state, the conversion from public school to private school can enjoy preferential policy of the state. ª¥
¡¡¡¡Disposal of state-owned assets: The assets used in the college can be evaluated by the medium organizations, auctioned by the auction company and purchased by the private company, upon the approval of the city government. ª¥
¡¡¡¡State-owned land transferª¥The private company can possess the land usage right after it pays tax upon the approval of the State Land Bureau. The paid tax can be adjusted by the province and the city. ª¥
¡¡¡¡College-run enterpriseª¥
¡¡¡¡Tax for running the practice factory and the affiliated hospital can be exempted.ª¤
Published by:Changde High Vocational Technical Collegeª¥
¡¡¡¡Tel: 0086736-727034 Fax:0086736-7280509ª¥
¡¡¡¡E-mail:cdmfipb@vip.163.comª¥
¡¡¡¡Website:www.cdzy. cn
