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Description of project Capital of USD 36 million is increased, 9 SMT product line and other mobile phone testing equipments are imported. To promote company’s technical levels and EMS manufacturing capability.   
Cooperation form Equity Joint Venture

Intended duration of cooperation
(in years)

30 years
Total investments  (in ten-thousand USD) USD 36 million
Chinese contribution (total Investments in ten thousand USD, including: funds, equipment, technique, factory, land, etc.)     Chinese contribution is USD 10.8 million.
Foreign contribution (total Investments in ten thousand USD, including: funds, equipment, technique, factory, land, etc.) Foreign contribution is USD 25.2 million.
Projected time for reimbursement (in Year)   2.38 years
Project site The existing plant (No.84, Zhongli Road, Nancheng District)

 

Conditions of Infrastructure To use the existing infrastructure
Project progress (a detailed project description, feasibility report) Refer to the brief introduction and feasibility report.
Category (encouraged, permitted, feasibility repo Permitted category, some part belongs to encouraged category.
Contact person Mr. Xia Junrong (2400991-760)
Description of Chinese Partner
Summary A:
Name and Address

Dongguan Nanxin Industry Development Co., Ltd.

Address: No. 86, Zhongli Road, Nancheng District, Dongguan City.
Ownership Limited liability
Year of establishment 1998
Registered capital RMB 100 million
Business scope Communication products producing and selling.
Number of Staff 69 employees(group office)
Summary B:
Technological & operational conditions (Industrial technology and product sales) Approximately RMB 1.34 billion of sales amount in 2001.The producing technology belongs to high technology (including its subsidiary company).

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