40.Project
of Producing 20 million H7 Automobile-used Lamps Annually
1.
Background and significance of the Project
The
H series automobile-used lamps are very important parts for matching and
repairs of automobiles, the levels and qualities of products directly
influence the security of automobiles and life safety of people. After
China’s entering of WTO, electric lighting industry also faces the hard
competition from market and technology from home and foreign markets.
Electric lighting industry especially the H series lamps for automobiles,
compared with great automobile countries in the world, has large gap in
developing ability, products quality and producing.
2.
Market Analysis
It
is forecasted that, among the electric lighting products exported from our
country, the H series lamps for automobiles will reach above 60%. On the
international market, the consume amount of automobile lamps in developed
countries increases continuously, among which expenditure in U.S.A is 6
billion U.S dollars per year. And it is forecasted to increase to 8
billion dollars in 2005, with about 3 billion dollars for imported
automobile lamps. The import increase of west European areas is more than 10% every year. Automobile lamps expenditure is
forecasted to be about 7 billion dollars in 2005. So the market is very
huge.
3.
Investment Assessment of the Project, Scope and duration of the
Construction.
Total
investment is 12 million yuan, which is mainly spent for workshop
constructions, equipment purchasing and technology development and so on..
Duration
of the construction is 1 year, after which a producing capability of 20
million H7 automobile lamps per year will be achieved.
4.
Analysis of the Profit
It
is forecasted that the sails revenue per year is 12 million yuan with a
interest
and tax of 4 million yuan.
5.Means
of Cooperation
The
project can be completed by means of joint venture, cooperation of Chinese
and foreign enterprise as well as foreign investment only.
