Project: Cruiseshipandfishingboat repair andbuildingproject of Shantou

Project: Cruiseshipandfishingboat repair andbuildingproject of Shantou

Overview: the total investment of the project will depend on the requirements of
client regardingthe types, ratingstandards and annual production volume of ships
and boats for repair and building. It is estimated that the registered capital will be
No less than RMB10,000,000. It will have the capacity of building nearly ten (10)
ships with the tonnage below800 tons and repairing approximately forty (40) in land river transport ships and fishing boats per year. It is required that the investor is knowledgeable with the repair and building of ships and boats and has stable production orders and clients. All interested parties are welcome to meet with us
for discussion. Our company is asmall professional business established in 1956
and it is primarily engaged in repairing and building small ships and boats. It has
strong technical force and rich production experience in this industry and has received Production and Technology Permit issued by Guangdong Provincial Register of Shipping. It is amember of ShantouNaval Architects Society.

Total investment: the amount of investment will be decided depending on the investment scaleandthetypes of ships andboats for repair andbuilding.

Modeof business: cooperation, leasingor others negotiablebetweentheparties

Rate of investment: the amount of capital contribution is negotiable depending
onthemodeof cooperation

Estimated payback period: to be decided by the investment scale by the
vestor, theorder volumeandtypes of ships andboats

Construction site: Xiawei Area, HaojiangDistrict, Shantou, Guangdong province
Infrastructureavailableat theconstructionsite: this factory currently has invested
over RMB 5,000,000 in building the factory site, with a factory area of approxi
mately 20 acres (13,000). The load bearing tonnages include an electric railway
drydock of 300 tons, an electric railway drydock of 150 tons and a set of 160KAV
power supply system.
The accessories include lathe and bench workmoulds.