| The Artificial Crystal | |
| 1. Undertaking Unit: | Minggang Crystal Co., Ltd. of Jiangle County |
| 2.Site of Project: | Guishang North Road, Jiangle County |
| 3.
Person in Charge: Contact Tel: |
Quan Changsheng 0598-2322594 |
| 4. Reasons & Conditions for Its Construction an Market Forecasting: Jiangle County crystal factory has 113 high-pressure crystal cauldrons with an annual productive capacity of 100 tons of raw crystal and 75 tons of crystal shaped-material, and possesses the fixed assets of 26 million RMB yuan, the annual sale income of 18 million yuan and the annual profit and tax of 1.2 million yuan. Its productive techniques and technological level in crystal stick-material are advanced in the world, especially that the advantages in the productive cost have exceeded that of Japan and the countries in Southeast Asia. At present, the crystal stick is in shortage; the AT chopping-and-pressuring electric-quartz-crystal frequency chip is the product of the deep processing of crystal shaped-material, with large demands in home and abroad; the development of AT-49/S serial of chip afford sufficient material sources to the manufacture of CHC-49/S small-shape quartz crystal, 3กม9 cylindric crystal and SHb crystal suitable to surfaceinstalling. According to the forecast, the markets for the crystal chip and crystal raw-stick are sound and you don't worry about their sale. |
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| 5.Construction Scale and Main Contents: 50 tons of crystal stick and 36 million quartz crystal frequency chips. |
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| 6.Total
Input and Utilization of Foreign Fund: The total input is 14.43 million yuan, 1.39 million of USD is foreign fund to be drawn. |
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| 7. Form of Using Foreign Investment:Joint Venture | |
| 8.
Analysis on the Economic Results: The annual increasing sale income will be 26.68 million yuan. The annual profit of 3.58 million yuan will be realized. The investment profit rate is 24.8%.The recovery period is 4 years (excluding the construction period). |
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| 9. The Development of the Preliminary Work: The project was approved to be built by the department concerned. |
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