| Oriented Structural Shaving Board | |
| 1. Undertaking Unit: | Yong'an Forestry Group Co. |
| 2. Site of Project: | Nige Hi-Tech Zone, Yong'an |
| 3.
Person in Charge: Contact Tel: |
Huang Furong 0598-3614877 |
| 4. Reasons & Conditions for Its Construction an Market Forecasting: As a modern multiple-producing forestry group that deals with the production, sale and reserve of timber and is engaged in the forestry, industry and commerce, Yong'an Forestry Group Co. became the first joint-stock forestry company. It possesses 2,430 staff members and 63.03 million yuan registered capital, and occupies the first place of economic results among the same trade all over the country. Yong'an City is one of the major forestry counties (city) of the southern collective forestry area in our country. Her total area is 2,924 km2 in which the land used for forestry amounts 25.47 million km2. The reserve amount of alive timber totals 21.08 million m3 and occupies the second place in Fujian Province. The annual grow-up amount of alive timber is about 1.41 million m3. There is also 0.947 million m3 of the cut-up amount of timber. Yong'an City is rich in power and water resources and has transport facilities and advanced communications. There are many excellent conditions to construct a factory. At present, there isn't any domestic factory that can produce the oriented structural shaving board in large-scale. Almost of these factories that had put into trial production have an annual output of from 26,000 to 30,000 m3. The oriented structural shaving board, a new product of artificial board latest developed in the world, can be used to the building industry. It is estimated that the demand in 2000 will amount to 0.512 million m3. Its market prospect is very good. |
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| 5. Construction Scale and Main Contents: Annual output of 90,000 m3 of the oriented structural shaving boards. |
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| 6.
Total Input and Utilization of Foreign Fund: Total investment is 438.82 million yuan. Foreign capital of USD 13.22 million is to be utilized. |
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| 7. Form of Using Foreign Investment: Joint venture or cooperation | |
| 8.
Analysis on the Economic Results: Yearly sale income is 230.44 million yuan with the profit of 95.81 million yuan. The rate of the input profit of 21.84%, the inner benefit rate in finance of 21.74%, the return of the input will take 4.43 years(excluding 2 years' constructi on period). |
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| 9. The Development of the Preliminary Work: The project was submitted. The feasibility study report is drawing up. |
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