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Benxi North Machinery & Heavy Duty Truck Co., Ltd. grows out of Benxi Heavy Truck Factory, which was established in 1950, one of the earliest professional heavy-duty truck producers with best basis. Benxi North Machinery & Heavy Duty Truck Co., Ltd. has a total registered capital of RMB 200 million yuan, which is a wholly owned subsidiary of Beitai Iron & Steel (Group) Co., Ltd. The company is located in Xihu District, Benxi City, Liaoning Province, covering an area of 352,000 square meters, and has a total number of 913 employees. At present, the company boasts total assets of RMB 319 million yuan, the net assets of RMB 197 million yuan, the fixed assets of RMB 54.494 million yuan, and the asset-liability ratio is 34.78%.
Leading products of Benxi North Machinery & Heavy Duty Truck Co., Ltd. are heavy-duty mining vehicles, including the existing 25t, 35t, 42t, 55t, 60t, 85t mining vehicles and 60t, 80t mining water trucks, and the main models apply the production technologies introduced from Japan Komatsu and American Wibke Company in the way of manufacturing license. On this basis, the company has developed new leading models of medium and small tonnage one after the other according to the market demand. Now the company has got the production capacity of 300 heavy-duty trucks and 1,000 mini-loaders. Meanwhile, the company can also undertake the tailor-made and processing business of complete sets of equipment and spare parts in metallurgical, mining, water conservancy, geology, chemical and other industries, and can produce pressure vessels, paper machinery, automobile parts and other products.
II. Development Goal of the Company
The development goal is to make full use of the existing workshops and equipment, replace backward production processes and technical equipment through technological transformation, speed up structural adjustment, increase the self-innovation capabilities of the company, realize industrial upgrading, and gradually form the production capacity of multi-variety, multi-function and multi-grade mining vehicle series. And the company ultimately achieves the annual capacity of 1000 mining vehicles and the value of metallurgical spare parts process will be over RMB 800 million yuan.
III. Company Advantage
1. Policy Advantage
¡°Liaoning Provincial People¡¯s Government¡¯s Policy Advice on Deepening the Reform of State-owned Enterprises¡± stipulates that overseas enterprises and private companies take part in state-owned enterprises restructuring, and after restructuring, if the annual income derived from technological transference is less than RMB 300,000 yuan, the corporate income tax of the company is exempted. In addition, at the beginning of 2009, China unveiled Equipment Manufacturing Industry Adjustment and Revitalization Planning, which stipulates that major technical equipment and products that China supports for production and development, and key components and raw materials that are necessary to import are exempted from the tariff and import value-added tax.
2. Market Advantage
At present, the mining vehicle production capacity of Benxi North Machinery & Heavy Duty Truck Co., Ltd. reaches 300 sets, which is one of the top three in the same industry of China. The product of the company has large market share. With the large infrastructure construction of China and the development of mineral resources, the demand of heavy-duty mining vehicle is on the rise year by year, so the company has huge development potential.
3. Technological Advantage
Benxi North Machinery & Heavy Duty Truck Co., Ltd. has a powerful talent team on production, technology and management. In the process of heavy-duty mining truck research and development, the company has collaborated with Dalian University of Technology, Northeastern University, Jilin University and other relevant scientific research institutions one after the other. The company has accumulated rich experience in designing and manufacturing important parts and parts with complex technology of heavy-duty mining truck, and formed a complete set of heavy-duty truck manufacturing technology and process.
4. Cost Advantage
At present, Benxi North Machinery & Heavy Duty Truck Co., Ltd. has developed three types of light-duty mining vehicles of 22 tons, 27 tons and 35 tons on the basis of the existing mature products. On the premise of maintaining the technical level, by expanding production scale, improving production technology and improve the varieties of self-made items and other means, the company has significantly reduced production costs so that the prices of mining vehicles of 22 tons and 35 tons are cut down to about RMB 400,000 yuan and RMB 600,000 yuan, which are slightly higher than common self-discharging truck of the same load. Therefore, the cost performance ratio of products is markedly improved and the market competitiveness is greatly enhanced.
IV. Approaches to Cooperation
1. The copartner can make investment in Benxi North Machinery & Heavy Duty Truck Co., Ltd., which will be used for technological transformation and production capacity enhancement, ultimately expanding the market and increase the economic benefits of the company. The investment ratio can be decided through the negotiation of both parties.
2. The copartner can take the core technology of producing heavy-duty mining vehicles (including engine manufacturing, research and development of electronic control system, etc.) as capital investment or input the assembly technology with loading and unloading capacity of at least 100 tons to the joint venture, thus promoting industrial upgrading and improving independent R & D capability of the company and ultimately enhancing the enterprise's core competitiveness.
3. The copartner can take brand as capital investment, so the copartner is responsible for providing brand name and the corresponding production technology, while Benxi North Machinery & Heavy Duty Truck Co., Ltd. is responsible for producing qualified products, thus both parties of cooperation can develop both domestic and foreign markets together.
Joint Funding & Cooperation of Liaoning Bechear Windows Industry Co., Ltd
In order to expand the production scale, increase the market share of the company¡¯s products and achieve great-leap-forward development, Liaoning Bechear Windows Industry Co., Ltd. now sincerely invites the investment institutions both at home and abroad, and building materials producers to conduct joint funding and cooperation, and under the principle of ¡°complementary advantages, mutual benefit and common development¡±, the cooperative parties bring economic benefits for the investors.
I. Brief Introduction to Liaoning Bechear Windows Industry Co., Ltd
Liaoning Bechear Windows Industry Co., Ltd was established on November 3, 2003, which is one of the largest producers of European-style doors and windows in China. The company is a joint venture, whose registered capital is RMB 65 million yuan, in which RMB 35.5 million yuan is invested by Beitai Iron & Steel (Group) Co., Ltd. (occupying 54.62% of the total registered capital), while RMB 29.5 million yuan is invested by Beitai Hong Kong Co., Ltd. (occupying 45.38% of the total registered capital). The company is located in Benxi Economic and Technological Development Zone, covering a total land area of 129,000 square meters, with 214 employees. At present, the company has total assets of RMB 70.07 million yuan, the fixed assets of RMB 39.32 million yuan, the net assets of RMB 25.1 million yuan and the asset liability ratio is 64.18%.
The leading products of the company are wooden & plastic door and window as well as aluminum-covered wooden door and window, which have the features of temperature keeping, energy saving, sound isolation, burning prevention, anti-corrosion, anti-aging, shock resistance, deforming resistance, good and elegant appearance. The company adopts the world advanced production technologies, and it has introduced the woodwork production line of German WEINIG Company, the assembly line of German URBAN Company, the painting line of VBH Company and the hollow glass production line of Austrian LISEC Company. Now it can annually produce 100,000 square meters of wooden & plastic door and window as well as aluminum-covered wooden door and window, which greatly meets the domestic market demand.
II. Development Planning of the Company
1. While establishing highly-automated base of green environment-friendly wooden products, the company strives to extend the product series to laminated timber in the upstream and glass wall and other products with high technical content in the downstream. By 2012, it can annually produce 200,000 square meters of wooden & plastic window, 30,000 cubic meters of laminated timber and 50,000 square meters of glass wall.
2. Through new product development and all kinds of quality certification, the company builds up its brand and finally forms the brand series. By 2015, the company will develop to be an influential wood products processing base in China and can annually produce 500,000 square meters of wood products.
3. The company will establish supermarkets of building materials with selection and realize chained business in the key cities across China.
III. Company Advantage
1. Policy Advantage
¡°Liaoning Provincial People's Government¡¯s Viewpoints on Promoting Steady and Healthy Development of SMEs across Liaoning Province¡± stipulates, encourages and helps the SMEs with development potential realize direct financing by means of collective debt issuance. Meanwhile, it encourages the enterprises realize direct financing by means of equity financing, project financing, rental financing, trust financing and fund financing, etc. And according to relevant regulations, the expenses incurred in the transference of asset ownership and land use right will be derated.
2. Market Advantage
Wooden & Plastic door and window is new building material in China. It combines the natural and beautiful features of wood window with the air proof feature of plastic window. It boasts the advantages that cannot be substituted by other materials, and is the prior option for windows of top-grade buildings. With the improvement of Chinese economic strength and people¡¯s living standard, its market prospect is broad.
3. Raw Material Advantage
The main raw materials needed in the production of Liaoning Bechear Windows Industry Co., Ltd include timber, plastics, glass, glue, paint, hardware, etc. There are abundant timber resources in Benxi, which can guarantee the supply of timber, and as for all the other raw materials, there are sufficient supplies in Liaoning Province.
4. Location Advantage
Liaoning Bechear Windows Industry Co., Ltd is situated in the eastern part of Benxi Economic and Technological Development Zone and neighbors Binhe Industrial Park separated by only one river. The factory site s near to Shen-Dan Expressway, Shen-Dan Railway, so the transportation is very convenient. Moreover, water supply, electricity supply, heat supply, telecommunication, road and other infrastructure have begun to take shape, which provides excellent external conditions for the company¡¯s development.
5. Technological Advantage