¡¡¡¡Content:ª¥
¡¡¡¡To establish a production line of foodstuff in Changde city by utilizing the agricultural resources.ª¥
¡¡¡¡To establish 10 production lines of snack food,producing cooked rice,spicy chick and fish.The total investment is 23 million USD and the annual profit of 9.61 million USD can be achieved with the investment profit rate and the finance internal income rate being 29.4 percent and 29.8 per cent respectively.Its return period is 4.4 years after tax.ª¤
¡¡¡¡Market:ª¥
¡¡¡¡Changde,located in the north of Hunan province and on the west of Dongting Lake,is one of 3 economic centers in the northwest of Hunan province.It has been a place for merchants to converge with a wide radiation range.Changde is a large agriculture city,an important base of agricultural products and the national famous land of fish and rice,and the output of cotton,oil,silkworm cocoon and aquatic products ranks first in Hunan province.ª¥
¡¡¡¡Broad marketª¥
¡¡¡¡a.The development period for snack food is short and the cost for development of new products is low with short time of market guidance.In the initial stage of new products,its sales income and profit can grow rapidly.The main product of the company has been given the patent and its development cost can be saved.ª¥
¡¡¡¡b.The ripe period for the product is very long,which is beneficial to the project,i.e.the profit-making period and profit of the project is prolonged.ª¥
¡¡¡¡C.There is even no recession period and snack food can find a high reliability of profit-making.ª¤
¡¡¡¡Construction scale:ª¥
¡¡¡¡It is planned to requisition land of 150 mu (10 hectares) to construct work-shops of 26 thousand £u and other building of 10 thousand £u with the total floor area of 36 thousand £u.Its first-phase project has been finished.ª¤
¡¡¡¡Contruction environment:ª¥
¡¡¡¡Changde has been given the honorable titles of National Hygiene City, National Gardening City, China Excellent Tourism City, National Civilization City and National Excellent Transportation Control City by the state.ª¥
¡¡¡¡Changde is in subtropical monsoon area with distinctive seasons, warm climate, plenty of sunshine and rainfall. The annual average temp is 16.5¡æ,the annual average rainfall is 1310 mm, the annual sunshine time is 1530-1870 hours and the frost-free period is about 270 days with the average relative humidity being 81%.
¡¡¡¡Changde city has become the largest energy base in Hunan province. The average price of power for industrial use is 0.47 yuan per KWH, 0.41 yuan per KWH for key industry, 0.17 yuan per KWH in low peak time. Establishment of power plant is encouraged.
¡¡¡¡Transportation: Changde city has been listed one of 60 pivotal cities, and is the only inland city that simultaneously has railway, expressway, airport and waterway.ª¥
¡¡¡¡6 expressways will meet in Changde. Changde-Changsha Expressway has been open to traffic, Changde-Zhangjiajie Expressway and Changde-Jishou Expressway are under construction. Changde-Jingzhou, Changde-Yueyang, Changde-Shaoyang Expressway will be started soon.ª¥
¡¡¡¡Changde Airport can land or take off large passenger planes Boeing 737 and 757, and the flights to Beijing, Shanghai,Guangzhou, Shenzhen and Haikou have been open.ª¥
¡¡¡¡3000-tonnage ship can sail on Yuanjiang River and Lishui River yearly, where there are 36 docks including two 500-tonnage docks and one 1000-tonnage container dock in Changde Port with the annual handling capacity of over 10 million tons. It is accessible to Changsha southward, Yueyang northward, to Chongqing upward and Shanghai downward through Dongting Lake into Changjiang River on waterway with the navigation mileage being 1758 km.
¡¡¡¡The distance and cost from Changde to Shanghai, Guangzhou are as follows:ª¥
¡¡¡¡To Shanghai:ª¥
¡¡¡¡¡ª¡ªRailway. 1377 km and 0.08 yuan per ton and km. ª¥
¡¡¡¡¡ª¡ªHighway. 1300 km and 0.25-0.30 yuan per ton-km.ª¥
¡¡¡¡¡ª¡ªWaterway. 1648 km and 0.05--0.06 yuan per ton-km.ª¥
¡¡¡¡To Guangzhou:ª¥
¡¡¡¡¡ª¡ªRailway. 923 km and 0.11 yuan per ton-km. ª¥
¡¡¡¡¡ª¡ªHighway. 980 km and 0.27-0.32 yuan per ton-km.ª¥
¡¡¡¡Foreign service organizations are complete, including foreign economy and trade, imp & exp. commodity inspection & quarantine, customs, foreign exchange control, export commodity through transport and foreign traders complaints center etc.
¡¡¡¡Changde has economic relations with 80 countries and regions.ª¤
¡¡¡¡Preferential policies:ª¥
¡¡¡¡Providing land favorably.ª¥
¡¡¡¡No administrative fees during construction period.ª¥
¡¡¡¡Returning local tax to enterprise.ª¥
¡¡¡¡Special work team to serve free of charge and to go though all formalities on behalf.
¡¡¡¡No interference in production and operation by governmental agencies.Enjoying the preferential policies for hi-tech projects by the state.ª¤
¡¡¡¡Economic analysis:ª¤
¡¡¡¡Ser No Item Unit Quantity
¡¡¡¡1 Land area £u 88000
¡¡¡¡1 Total floor area £u 43450
¡¡¡¡2.1 including: office,dining hall,domitory,entrance grard room 17600¡¡workshop,warehouse 25850
¡¡¡¡3 Total investment In 10 thousand USD 2192
¡¡¡¡3.1 including:fixed asset investment -do- 1883.3 working capital-do- 26911 coan interest in construction
¡¡¡¡4 Production scale in normal gear
¡¡¡¡4.1snack rice 10 thousand bowl
¡¡¡¡4.2 spicy chick 10 thousand 550 spicy fish 10 thousand packets 4400
¡¡¡¡5 Total cost in normal yearIn 10 thousand USD 3143.5
¡¡¡¡6 sales income -do- 4434.7
¡¡¡¡7 sales tax -do- 330.2
¡¡¡¡8 sales profit -do- 961
¡¡¡¡9 Income tax turned over -do- 317.1
¡¡¡¡10 Annual net profit -do- 317.1
¡¡¡¡11 Investment profit rate £¥ 965.8
¡¡¡¡12 Sales profit rate £¥ 29.4
¡¡¡¡13 Internal income rate £¥ 14.5
¡¡¡¡14 Investment return period years 4.4
¡¡¡¡15 financial net value(I£½10£¥) In 10 thousand USD 2494.7
¡¡¡¡16 loan repayment period years 3.1
¡¡¡¡17 profit and loss balance point £¥ 28.43
¡¡¡¡Cooperative form:EJV,CJVª¤ª¥
¡¡¡¡Published by:Changde Huotoujun Foodstuff Co.Ltdª¥
¡¡¡¡Tel: 0086736-7220301 Fax: 0086736-7712043ª¥
¡¡¡¡E-mail:hncdluj@21cn.comª¥
¡¡¡¡Website:www.changde.gov.cn
