Project: Hydraulic cylinder productionexpansionproject of Zhaoqing

Project: Hydraulic cylinder productionexpansionproject of Zhaoqing

Overview: theproduction volume of this company has not been able tomeet the
demand of themarket due to the limit of the productionmachinery and equipment.
Based on the surveys and negotiations, this company has decided to import the
dedicatedproductionlinesfromSouthKorea.Theimportedproductionlineisof high
professionalism, lessseveremachiningoperations, highefficiencyandhighquality
reliability. It canincreasetheproductionvolumefor20timesafter it hasstarted production.

Modeof cooperation: negotiable

Periodof cooperation: negotiable

Total investment: RMB30,000,000

Chinese side investment and composition: existing production machinery
andfactory buildings

Foreign side investment andcomposition: negotiable

Estimatedpaybackperiod: tobeevaluatedby both parties

Construction site: Zone 125, North of Guojing Highway, Dachong, Huanggang
Town