1 Project Name: Rail Vehicle and Parts Manufacturing Base
2 Main Contents and Investment Scale: The covered area of the project is 1.5 square kilometers; the building area is 1 million square meters. The annual output of the project are 2000 railway freight cars, 500 passenger cars, 500 mass transit vehicles, 3000 railway freight car for inspection and repair and 100 thousand tons cast steel. The total investment is RMB 2 billion Yuan, among which fixed asset investment is RMB 1.6 billion Yuan and circulating fund is RMB 0.4 billion Yuan.
3 Construction Necessity: With the rapid development of China’s economy, railway transportation demand will increase quickly and the tight transportation contradictions will become more and more evident. The railway investment scale in China during the Eleven Five Year has quadrupled over the Tenth Five Year in order to settle the problem of the tight railway transportation. The investment scale will attain RMB 1250 billion Yuan during the five years from 2006 to 2010 and average annual investment scale is RMB 205 billion Yuan, of which investment with amount of 20% is used for transformation and renovation of lines and vehicles and that of 20% is used for purchasing the rolling stock, which provide a vast market space for the development of domestic railway transportation equipment manufacturing.
4 Raw Materials Source: Minmetals Yingkou Medium-Heavy Plate Co., Ltd. has the annual production capacity of 3 million tons medium and thick plate. The first stage project for Angang Yingkou New Town under construction produces medium and thick plate 5000 thousand tons per year. The medium and thick plate required by the project can be purchased directly in Yingkou City, so the production cost will be reduced greatly.
5 Economic Benefit Analysis: After the project is completed. It is estimated that annual sales income is RMB 4 billion Yuan, profit is RMB 0.5 billion Yuan and tax is RMB 0.1 billion Yuan.
6 Qualification for Cooperators or Investors: Cooperators or investors should have production experiment and technology and powerful capital strength.
7 Form of Investment: Sole investment, Joint venture or Cooperation
8 Geographic Location, Traffic and Transportation and Communication: The project is located in Yingkou Coastal Industry Base with convenient traffic and perfect communication equipment.
1 Name: Liaoning (Yingkou) Coastal Industry Base
2 Address: No.1 East Xinlian Street, Liaoning (Yingkou) Coastal Industry Base
3 Postcode: 115003
4 Contact Person: Wang yong
5 Telephone: 0417-2927809
6 Fax: 0417-2927810
7 E-mail：wyyks @sohu.com