1. Project Name: 0.1Million Tons of High Frequency Welding Tube

2.Project Unit : Laiwu Jinghua welded Tube Co., Ltd

This company is specialized and experienced in wilding tube with advanced equipment. It covers a land area of 12000 square kilo meters and produces annually 0.2 million tons of welding tubes to the sales network all over China. Its products are also exported to Australia, USA, England and other countries and regions. This company has good location, complete corollary facilities and convenient transportation.

3. Project Content:

Intending to construct a production line of high frequency wilding tube with the 4 following corollary facilities: Φ 50, Φ 32 machine set production line, 400mm slitting line, high frequency complete sets of electronical equipment, crane etc.

4. Total Investment: US$4.5 million

5. Cooperative Means: Joint venture, cooperation, solely-owned etc.

6. Market Analysis:

This product is mainly used for the project of basic facilities. With the continuous development of our country's infrastructure, the demand is increasing. According to related forecast, the demand for different types of steel tubes will be increased at an average rate of 7%-10% each year, so the market for it is prospective.

7.Economic Benefits:

After this project is completed and put into operation, the estimated annual sales revenue will reach US$33.8 million, profit US$2.1 million and the investment payoff 2.2 years.