• 　General Situation of the Enterprise

Luoyang Copper Group Company Ltd (hereinafter calling L.T.) is one of 156 key construction project during China's " first five-year plan", which is at present the biggest comprehensive enterprise combining melting and producing in China. The capacity of production per year: approx. 100,000 tons of non-ferrous production materials, 50,000 tons of fine electrolytic copper.
The product varieties are 717. Among them 23 main products meet the advanced international technique certified by the National Non-ferrous Standard Institute. In addition to meeting the demands in domestic, the products are exported to many countries and regions, such as Hong Kong, Japan, South-East Asia, etc.. L.T. has become the basis of production and export of copper material. At present, L.T. is leading the world in technique equipment. L.T. has the approved right of import and export management and the country-level technique center.

• 　Content of Cooperation Project

In the production zone, a building of 15,000 square metres has been established, annual production capability is 12,000 tons copper coiled tubes production line. Annual output ACR 3200 tons, refrigerators 900 tons, inner-grooved ACR 1,000 tons, water tubes 3,800 tons, common tubes 1,100 tons, extruded copper shells 2,000 tons. Advanced equipment with 90s level is going to be imported from abroad. The total amount of investment of the project is USA 45.3 million dollars (the land utilization fee is not included) and the registered capital is USA 15.86 million dollars.

• 　Market Forecasting

According to market investigation, only in Southeast Asia can sell 3,000 tons medium and small copper tubes, home market mainly need ACR and refrigerators that depend on import. Annual consumption of ACR is 34,000 tons. So, no matter at home or in the abroad, prospect of sale's market is broad.

• 　Financial Analysis of Project

Term for repayment of total investment (static) is 6.8 years (from construction), profit rate of investment is 17.5%, and profit and inner benefit of total investment is 23.7%.

• 　Investment pattern

Equity joint venture. For specific investment proportion and other matters can be discussed face to face.

• 　Project Progress Situation

This item is the state-approved technical upgrading project. At present, the production line is in trial operation. Among the products, high precision inner-grooved ACR has bridged the gap at home.