|
PLEASE NOTE:
The following documents are required for foreign investors in a China Joint Venture Company:
a. A copy (copes) of the principal(s) of the foreign company that will establish a JV Company with a Chinese company in China;
b. A letter issued by the Board of Directors of the foreign company saying that all the members of the Board of Directors of this company has discussed and decided to invest and establish a joint venture with a Chinese company in China.
c. SBLC is needed, but our company can not pay the international fares and hotels in Hong Kong.
Our cooperation will be a win-win-win cooperation, we are doing business on a fair and mutual benefit base.
Frequently Asked Questions
1. What exactly is the project?
Mr. Zhang Ai Min is the Business Owner and Chairman of the Board for Jiangsu Jinshe “Construction Materials Technology Col, Ltd.”, as well as the inventor of the Reusable Recyclable Plastic Construction Template. Mr. Zhang Ai Min and the Developer, Mr. Tin Shing Hua, are planning a project that involves constructing, equipping, and operating more manufacturing plants for the production of the plastic construction templates. In addition to decreased costs and increased efficiency in the construction of concrete structures, the manufacturing plants will significantly decrease the governments’ burden of providing landfills and other areas for the deposit and disposal of trash and rubbish.
Mr. Ting Shing Hau is the owner and chairman of the board for numerous companies and is well connected with 80 city and provincial governments throughout China as well as top government officials of his country. He owns a stainless steel pipe manufacturing facility, a luxury hotel. a research company, an upscale business club and an upscale night club and is currently developing other projects.
Plastic building templates have been produced and are currently being produced in Zhangjiagang, a city in the Jiangsu province. More producing plants are being planned to be built in each of the 31 provinces in China.
The developer, Mr. Hau, has already obtained the interest and anticipated sponsorship of ten of the Chinese cities for the development of a manufacturing facility for the plastic templates in their respective domains.
Four 50-production line factories in Jiangsu province (close to Shanghai, a well known largest city in China) are planned to be built. The first one is a large producing plant which requires a total investment capital of $75 million USD. A smaller producing plant, can be developed for an amount as low as $6 million USD if the funds for the larger plant are not available.
Groups of of four 50-production-line producing plants are planned to be developed at the same time in sibseqient six month periods of time. The earlier that a producing plant is built results in a more rapid achievement of success.
The approach to the development of manufacturing facilities for the plastic templates will be a phased approach, beginning with Phase 1, which will include the construction of a plant in the Jiangsu province of China. Depending on achieved funding levels, four plants may be constructed simultaneously. As the Phase 1 manufacturing plants are being constructed, a marketing campaign will be launched and conducted to introduce the concept of the reusable recyclable plastic construction template project and its benefits. The marketing campaign will not only occur throughout China, but in other countries as well.
Phase 2 will be the continuing development of manufacturing facilities in the remaining Chinese cities, and possibly a plant(s) in another country which will be determined during the marketing campaign occurring during Phase I. The marketing campaign of Phase I will continue during Phase II, but will include feasibility studies and a prioritized list of future plants to be developed, both in China and other countries.
Planning for subsequent developments will be included in updates to the "Reusable and Recyclable Plastic Construction Template Feasibility" report.
MARKETING CAMPAIGN
Phase 1 marketing will occur in parallel with the construction, equipping, pilot production, and initial full rate production of twenty four factories being established. The best performing businesses that sold shares in the initial funding for Phase I will be given priority for raising funds for Phase 2. Other companies that sell JV shares will be used as necessary for to raise the required capital for the four plants to be produced during Phase 2. The marketing campaign will include comprehensive feasibility studies and analyses to determine the needs and requirements for additional factories. This plan will be updated annually or as necessary during both phases.
2. Where will the project be located (City, Province, Country?)
Near Shanghai, Jiangsu Province, China
Groups of of four 50-production-line producing plants are planned to be developed at the same time in siubsequent six month periods of time for five years or more until factories are constructed and fully operational in most cities and provinces throughout China.
3. How much is needed for the project?
At $300 million USD per 50-production-line factory, the development of a group of four factories fully operational factories will require $300 million USD.
4. How will funds be used (specific breakdown)?
The cost of land depends on several factors, such as location, land use, etc.
The land price in the first four cities that the four manufacturing plants are planned to be built are as follows:
a. $150,000 to $200,000?USD per 667 square meters in a highly developed area.
b. $100,000 to $150,000 USD per 667 square meters in a less developed area.
c. $50,000 to $600,000 USD per 667 square meters in an under developed area.
The first four factorIes that are planned for construction are located in four cities that are fast developing areas. The economic development in these four cities is increasing and the land price is between $100,000 to $150,000 USD per 667 square meters.
Because of the strong working connections that the Developer has with the local city governments, the best and most competitive price for the land will be obtained from the local city governments.
Land for the factories can be purchased for approximately $60,000 USD for 667 square meters.
The land size of a factory building is 133,200 square meters. The cost of the land is $90 USD per square meters, the land cost per factory will be $12 million USD.
Building Cost
The cost of the building is $350 USD per square meter. The size of a factory building to be constructed is 20,000 square meters. The cost to construct one factory building is $7 million USD.
Operationally Ready Production Equipment Cost
The cost of operational ready production equipment is $634,920 USD per production line. The cost for one 50-productionl line factory is $31.7 million USD.
Total Cost of Factories
The land cost estimates are ¥75.6 million RMB ($12 million USD) per factory or ¥302.4 million RMB ($48 million USD) for each group of four factories assuming insignificant inflation.
The building cost estimates are ¥44.1 million RMB ($7 million USD) per factory or ¥176 million RMB ( $28 million USD) for each group of four factories assuming insignificant inflation.
The cost estimates for operationally ready production lines per 50-production line factory are ¥199.7 million RMB ($31.7 million USD) per factory or ¥798.8 million RMB ( $127 million USD) for each group of four factories assuming insignificant inflation.
The total cost estimates for an operationally ready 50-production line factory are ¥319.4 million RMB ($50.7 million USD) or ¥1,277.2 million RMB ($203 million USD) for each group of four factories assuming insignificant inflation.
5. How much capital have the principals put into the project to date?
This is a start-up project. No capital has yet been contributed.
6. Specifically how were those funds spent?
This is a start-up project. No funds have been spent.
7. How much capital can the principals put into the project going forward?
This is a JV project. Capital will be from sales of jv shares to Investors. The Prinicipals will contribute the patent for the Reusable Recyclable Plastic Construction Template. The value of the patent is valued at 30% of the project cost according to international laws and policies.
8. What is the estimated completion value of the project?
The total cost estimates for an operationally ready 50-production line factory are ¥319.4 million RMB ($50.7 million USD) or ¥1,277.2 million RMB ($203 million USD) for each group of four factories assuming insignificant inflation.
9. Is the subject property currently owned by the borrower?
No
10. What is the current “as is” value (if owned now) OR purchase price of the property?
The purchase price of the property is ¥1,277.2 million RMB ($203 million USD) for each group of four factories assuming insignificant inflation
11. Are there any mortgages/liens against the property?
No.
12. If there are mortgages/liens against the property, what amount?
This is a start- up project. There are no mortgages nor will they be mortages against the property.
13. Are the payments current on the mortgage?
Not Applicable. There are no mortgages.
14. Do the Principals have all necessary state, city and other government approvals already in place?
No. They can be obtained quickly after the and is purchsed.
15. What is the background of the Principals?
Mr. Tin Shing Hau is the Developer and Principal for the Reusable Recyclable Plastic Construction Template project. His English name is Mr. Hudson Hau. Mr. Hau is a retired Chinese Army officer working at the headquarters of the PLA Army. Mr. Hau is also a very famous diplomat for China. He was the Deputy General Manager of Poly Tech Co., Ltd., which is one of the largest state owned companies in China. Mr. Hau owns a stainless steel manufacturing plant, a research company, a luxury hotel, an upscale business club and an upscale night club,and and is developing several projects at the same time. Mr. Hau is the owner and Chairman of the Board of several businesses. Mr. Hau is a prominent and well-known business man with close government contacts in 80 Chinese cities and provinces. His former class mate is the current Foreign Minister of China. Mr. Hau is an en-visionary having plans for large projects in the near future, beginning with the Reusable Recyclable Plastic Construction Template project.
Mr. Zhang Ai Min is the Business Owner and Chairman of the Board for Jiangsu Jinshe “Construction Materials Technology Col, Ltd.”, as well as the inventor of the Reusable Recyclable Plastic Construction Template. Mr. Zhang Ai Min and the Developer, Mr. Tin Shing Hua, are planning projects that include constructing, equipping, and operating more manufacturing plants for the production of the Reusable Recyclable Plastic Construction Templates. In addition to decreased costs and increased efficiency in the construction of concrete structures, the manufacturing plants will significantly decrease the governments’ burden of providing landfills and other areas for the deposit and disposal of trash and rubbish. Our goal is to populate China with factories that use raw materials from disposed plastic rubbish for the manufacture of the Reusable Recyclable Plastic Construction Templates and expand to other countries using China's work in this project as a model.
16. Credit Scores of principal(s)
Not Applicable. Principals are debt free.
17. What is the income for the project?
A total of 50 production lines per factory are planned to be purchased and installed. The annual production capacity of each single production line is 250,000 square meters. The annual production capacity of the 50 production lines will be 12 million square meters (129 million square feet). Table B shows the annual sales for production line capacities.
The total weight of the plastic building template to be produced is 162,500 tons.
The current sales price per factory for this plastic building template is $120 RMB ($19 USD) per square meter. The annual sales income will be $1.2 billion RMB ($1.476 million USD).The annual sales income for each group of four factories will be $4.8 billion RMB ($5.9 million USD).
18. What is the exit strategy for repayment of loan or buy-out of equity partner?
The exit strategy will be either the sale of a factory as it nears the end of its predicted Life Cycleor or renovation of the factory and continue to receive dividends for share holders for anothor 20 years or more. Share holders may decide to sell their shares at any time. .
19. How much do you need for your project?
a. We are looking for $300 million USD for each group of four 50-production line factories.
b. We will consider $75 million USD for one 50-production line factory.
c. We will consider as a minimum $6 million USD for one smaller factory.
20. What type of funding are you looking for?
a. We are planning a Joint Venture project.
21. How much will the owner contribute?
a. The owner will contribute his patent which, by international law and policy, is assessed at 30% of the cost of the project.
22. How soon do you need funding?
a. On or before December 15, 2012 and up.
23. How much capital can the principals put into the project going forward?
This is a JV project. Capital will be from sales of jv shares to Investors. The Prinicipals will contribute the patent for the Reusable Recyclable Plastic Construction Template. The value of the patent is valued at 30% of the project cost according to international laws and policies..
24. What is the projected ROI?
a. The entire initial investment will be recouped in just under 3.5 years, paid on the following scheduled date that dividends are distributed to the investors.
b. The return for the second 3.5 year periods will again be the amount of the initial investment.
c. After the second 3.5 year period, the profits will be shared between the investors and the Company.
d. The return will be twice that of the initial investment in 7 years.
25. What is the minimum investment?
a. The investments can range from $6 million USD to $300 million USD.
26. How secure is the investment?
a. An Investor owned Joint Venture (JV) Company will be established during the planning phase for each project.
b. The JV Company will control the Investors’ investments and disbursements of dividends.
c. An Investor will be the Chairman of the Board of the JV Company.
d. The Owner will assist the JV management as required to maximize efficiency
27. What are the advantages of investing in China.
a. China has been fast developing economically in the last 30 years, this is what has been seen by most people of the world. But few people (over 90%) of the world including over 90% people in China don't believe that China's economy continue this fast pace of development in the next 10 years.
b. The Principal has been traveling from one city to another in China and has had discussions with local leading authorities and local companies' CEOs. He observed a fast developing trend that is currently taking place in most areas in China.
c. China's currency is being re-evaluated. As a result, the investors who invest in any projects in China, are expecting to have greater returns. The RMB (Chinese Yuan) has been widely accepted and used in Asian countries. There is a chance that the Chinese Yuan will be widely accepted and used in more countries in other areas of the world. Because of this, many investors have the opinion that now is the right time to invest in China. which includes our potential investors having such a vision and who will make a quick decision in establishing a JV cooperation with the Principal's Company in controlling the investments for the project.
28. Have you currently got some factories/plants in Operation right now? if so where and how many..
Yes. There are 6 factories that are producing this product, they are in Shanghai, Jiangsu Province, Shandong province and Zhejiang province.
29. Plastic recycle materials that make up the templates, these templates are used for what and where? ie are they used for building walls, floors to replace wooden panels? benefits are? etc..They are used at the high story apartment housing construction, high office building construction, hotel construction...
They are used for building walls, floors, beams to replace the wood building template.
Benefits are that it will lower the construction cost, it saves labors, it last 10 times longer than the wood building templates that are wildly used in every construction sites in China and in every country of the world.
30. Any Press release for this technology? is it Patented?
It is patented technology, no press release has been made in the national scale
31. Are all permits, entitlements, permissions etc for the project in place?
All permits, entitlements, permissions for the project are in place. My colleagues and I have had meetings with the mayors of Binhai city, Rugao city, changzhou city and Xiangshui city in the last 3 weeks, all these 4 city governments have agreed at giving us their full support to this project. Once the jv contract is signed, all these 4 cities will give us their official approval within 7 to 10 days, if necessary, it can be within 5 days.
32. Can you please elaborate and explain more on the 6 Million USD plant which requires the minimum investment requirement. How big is the plant and on what capacity production? For your information, our Malaysian government is providing up to RM50 Million (equal to USD15 Million) on funding such project in Malaysia. But if this project is really successful, I believe our government will put more money into it or may collaborate in the JV projects to build plants in China.
If it is a $6 million USD, it is a factory with 4 to 5 production lines, it is a small factory. If it is a $15 million USD, you can build a factory with 10 to 15 production lines.
Capacity per one (1) production line ( square meters) 250,000. Annual capacity per 50 production lines ( square meters) 12,500,000 / (square feet) 134,500,000.
The following documents are required for foreign investors in a China Joint Venture Company:
a. A copy (copes) of the principal(s) of the foreign company that will establish a JV Company with a Chinese company in China;
b. A letter issued by the Board of Directors of the foreign company saying that all the members of the Board of Directors of this company has discussed and decided to invest and establish a joint venture with a Chinese company in China.
c. SBLC is needed, but our company can not pay the international fares and hotels in Hong Kong.
Our cooperation will be a win-win-win cooperation, we are doing business on a fair and mutual benefit base.
Frequently Asked Questions
1. What exactly is the project?
Mr. Zhang Ai Min is the Business Owner and Chairman of the Board for Jiangsu Jinshe “Construction Materials Technology Col, Ltd.”, as well as the inventor of the Reusable Recyclable Plastic Construction Template. Mr. Zhang Ai Min and the Developer, Mr. Tin Shing Hua, are planning a project that involves constructing, equipping, and operating more manufacturing plants for the production of the plastic construction templates. In addition to decreased costs and increased efficiency in the construction of concrete structures, the manufacturing plants will significantly decrease the governments’ burden of providing landfills and other areas for the deposit and disposal of trash and rubbish.
Mr. Ting Shing Hau is the owner and chairman of the board for numerous companies and is well connected with 80 city and provincial governments throughout China as well as top government officials of his country. He owns a stainless steel pipe manufacturing facility, a luxury hotel. a research company, an upscale business club and an upscale night club and is currently developing other projects.
Plastic building templates have been produced and are currently being produced in Zhangjiagang, a city in the Jiangsu province. More producing plants are being planned to be built in each of the 31 provinces in China.
The developer, Mr. Hau, has already obtained the interest and anticipated sponsorship of ten of the Chinese cities for the development of a manufacturing facility for the plastic templates in their respective domains.
Four 50-production line factories in Jiangsu province (close to Shanghai, a well known largest city in China) are planned to be built. The first one is a large producing plant which requires a total investment capital of $75 million USD. A smaller producing plant, can be developed for an amount as low as $6 million USD if the funds for the larger plant are not available.
Groups of of four 50-production-line producing plants are planned to be developed at the same time in sibseqient six month periods of time. The earlier that a producing plant is built results in a more rapid achievement of success.
The approach to the development of manufacturing facilities for the plastic templates will be a phased approach, beginning with Phase 1, which will include the construction of a plant in the Jiangsu province of China. Depending on achieved funding levels, four plants may be constructed simultaneously. As the Phase 1 manufacturing plants are being constructed, a marketing campaign will be launched and conducted to introduce the concept of the reusable recyclable plastic construction template project and its benefits. The marketing campaign will not only occur throughout China, but in other countries as well.
Phase 2 will be the continuing development of manufacturing facilities in the remaining Chinese cities, and possibly a plant(s) in another country which will be determined during the marketing campaign occurring during Phase I. The marketing campaign of Phase I will continue during Phase II, but will include feasibility studies and a prioritized list of future plants to be developed, both in China and other countries.
Planning for subsequent developments will be included in updates to the "Reusable and Recyclable Plastic Construction Template Feasibility" report.
MARKETING CAMPAIGN
Phase 1 marketing will occur in parallel with the construction, equipping, pilot production, and initial full rate production of twenty four factories being established. The best performing businesses that sold shares in the initial funding for Phase I will be given priority for raising funds for Phase 2. Other companies that sell JV shares will be used as necessary for to raise the required capital for the four plants to be produced during Phase 2. The marketing campaign will include comprehensive feasibility studies and analyses to determine the needs and requirements for additional factories. This plan will be updated annually or as necessary during both phases.
2. Where will the project be located (City, Province, Country?)
Near Shanghai, Jiangsu Province, China
Groups of of four 50-production-line producing plants are planned to be developed at the same time in siubsequent six month periods of time for five years or more until factories are constructed and fully operational in most cities and provinces throughout China.
3. How much is needed for the project?
At $300 million USD per 50-production-line factory, the development of a group of four factories fully operational factories will require $300 million USD.
4. How will funds be used (specific breakdown)?
The cost of land depends on several factors, such as location, land use, etc.
The land price in the first four cities that the four manufacturing plants are planned to be built are as follows:
a. $150,000 to $200,000?USD per 667 square meters in a highly developed area.
b. $100,000 to $150,000 USD per 667 square meters in a less developed area.
c. $50,000 to $600,000 USD per 667 square meters in an under developed area.
The first four factorIes that are planned for construction are located in four cities that are fast developing areas. The economic development in these four cities is increasing and the land price is between $100,000 to $150,000 USD per 667 square meters.
Because of the strong working connections that the Developer has with the local city governments, the best and most competitive price for the land will be obtained from the local city governments.
Land for the factories can be purchased for approximately $60,000 USD for 667 square meters.
The land size of a factory building is 133,200 square meters. The cost of the land is $90 USD per square meters, the land cost per factory will be $12 million USD.
Building Cost
The cost of the building is $350 USD per square meter. The size of a factory building to be constructed is 20,000 square meters. The cost to construct one factory building is $7 million USD.
Operationally Ready Production Equipment Cost
The cost of operational ready production equipment is $634,920 USD per production line. The cost for one 50-productionl line factory is $31.7 million USD.
Total Cost of Factories
The land cost estimates are ¥75.6 million RMB ($12 million USD) per factory or ¥302.4 million RMB ($48 million USD) for each group of four factories assuming insignificant inflation.
The building cost estimates are ¥44.1 million RMB ($7 million USD) per factory or ¥176 million RMB ( $28 million USD) for each group of four factories assuming insignificant inflation.
The cost estimates for operationally ready production lines per 50-production line factory are ¥199.7 million RMB ($31.7 million USD) per factory or ¥798.8 million RMB ( $127 million USD) for each group of four factories assuming insignificant inflation.
The total cost estimates for an operationally ready 50-production line factory are ¥319.4 million RMB ($50.7 million USD) or ¥1,277.2 million RMB ($203 million USD) for each group of four factories assuming insignificant inflation.
5. How much capital have the principals put into the project to date?
This is a start-up project. No capital has yet been contributed.
6. Specifically how were those funds spent?
This is a start-up project. No funds have been spent.
7. How much capital can the principals put into the project going forward?
This is a JV project. Capital will be from sales of jv shares to Investors. The Prinicipals will contribute the patent for the Reusable Recyclable Plastic Construction Template. The value of the patent is valued at 30% of the project cost according to international laws and policies.
8. What is the estimated completion value of the project?
The total cost estimates for an operationally ready 50-production line factory are ¥319.4 million RMB ($50.7 million USD) or ¥1,277.2 million RMB ($203 million USD) for each group of four factories assuming insignificant inflation.
9. Is the subject property currently owned by the borrower?
No
10. What is the current “as is” value (if owned now) OR purchase price of the property?
The purchase price of the property is ¥1,277.2 million RMB ($203 million USD) for each group of four factories assuming insignificant inflation
11. Are there any mortgages/liens against the property?
No.
12. If there are mortgages/liens against the property, what amount?
This is a start- up project. There are no mortgages nor will they be mortages against the property.
13. Are the payments current on the mortgage?
Not Applicable. There are no mortgages.
14. Do the Principals have all necessary state, city and other government approvals already in place?
No. They can be obtained quickly after the and is purchsed.
15. What is the background of the Principals?
Mr. Tin Shing Hau is the Developer and Principal for the Reusable Recyclable Plastic Construction Template project. His English name is Mr. Hudson Hau. Mr. Hau is a retired Chinese Army officer working at the headquarters of the PLA Army. Mr. Hau is also a very famous diplomat for China. He was the Deputy General Manager of Poly Tech Co., Ltd., which is one of the largest state owned companies in China. Mr. Hau owns a stainless steel manufacturing plant, a research company, a luxury hotel, an upscale business club and an upscale night club,and and is developing several projects at the same time. Mr. Hau is the owner and Chairman of the Board of several businesses. Mr. Hau is a prominent and well-known business man with close government contacts in 80 Chinese cities and provinces. His former class mate is the current Foreign Minister of China. Mr. Hau is an en-visionary having plans for large projects in the near future, beginning with the Reusable Recyclable Plastic Construction Template project.
Mr. Zhang Ai Min is the Business Owner and Chairman of the Board for Jiangsu Jinshe “Construction Materials Technology Col, Ltd.”, as well as the inventor of the Reusable Recyclable Plastic Construction Template. Mr. Zhang Ai Min and the Developer, Mr. Tin Shing Hua, are planning projects that include constructing, equipping, and operating more manufacturing plants for the production of the Reusable Recyclable Plastic Construction Templates. In addition to decreased costs and increased efficiency in the construction of concrete structures, the manufacturing plants will significantly decrease the governments’ burden of providing landfills and other areas for the deposit and disposal of trash and rubbish. Our goal is to populate China with factories that use raw materials from disposed plastic rubbish for the manufacture of the Reusable Recyclable Plastic Construction Templates and expand to other countries using China's work in this project as a model.
16. Credit Scores of principal(s)
Not Applicable. Principals are debt free.
17. What is the income for the project?
A total of 50 production lines per factory are planned to be purchased and installed. The annual production capacity of each single production line is 250,000 square meters. The annual production capacity of the 50 production lines will be 12 million square meters (129 million square feet). Table B shows the annual sales for production line capacities.
The total weight of the plastic building template to be produced is 162,500 tons.
The current sales price per factory for this plastic building template is $120 RMB ($19 USD) per square meter. The annual sales income will be $1.2 billion RMB ($1.476 million USD).The annual sales income for each group of four factories will be $4.8 billion RMB ($5.9 million USD).
18. What is the exit strategy for repayment of loan or buy-out of equity partner?
The exit strategy will be either the sale of a factory as it nears the end of its predicted Life Cycleor or renovation of the factory and continue to receive dividends for share holders for anothor 20 years or more. Share holders may decide to sell their shares at any time. .
19. How much do you need for your project?
a. We are looking for $300 million USD for each group of four 50-production line factories.
b. We will consider $75 million USD for one 50-production line factory.
c. We will consider as a minimum $6 million USD for one smaller factory.
20. What type of funding are you looking for?
a. We are planning a Joint Venture project.
21. How much will the owner contribute?
a. The owner will contribute his patent which, by international law and policy, is assessed at 30% of the cost of the project.
22. How soon do you need funding?
a. On or before December 15, 2012 and up.
23. How much capital can the principals put into the project going forward?
This is a JV project. Capital will be from sales of jv shares to Investors. The Prinicipals will contribute the patent for the Reusable Recyclable Plastic Construction Template. The value of the patent is valued at 30% of the project cost according to international laws and policies..
24. What is the projected ROI?
a. The entire initial investment will be recouped in just under 3.5 years, paid on the following scheduled date that dividends are distributed to the investors.
b. The return for the second 3.5 year periods will again be the amount of the initial investment.
c. After the second 3.5 year period, the profits will be shared between the investors and the Company.
d. The return will be twice that of the initial investment in 7 years.
25. What is the minimum investment?
a. The investments can range from $6 million USD to $300 million USD.
26. How secure is the investment?
a. An Investor owned Joint Venture (JV) Company will be established during the planning phase for each project.
b. The JV Company will control the Investors’ investments and disbursements of dividends.
c. An Investor will be the Chairman of the Board of the JV Company.
d. The Owner will assist the JV management as required to maximize efficiency
27. What are the advantages of investing in China.
a. China has been fast developing economically in the last 30 years, this is what has been seen by most people of the world. But few people (over 90%) of the world including over 90% people in China don't believe that China's economy continue this fast pace of development in the next 10 years.
b. The Principal has been traveling from one city to another in China and has had discussions with local leading authorities and local companies' CEOs. He observed a fast developing trend that is currently taking place in most areas in China.
c. China's currency is being re-evaluated. As a result, the investors who invest in any projects in China, are expecting to have greater returns. The RMB (Chinese Yuan) has been widely accepted and used in Asian countries. There is a chance that the Chinese Yuan will be widely accepted and used in more countries in other areas of the world. Because of this, many investors have the opinion that now is the right time to invest in China. which includes our potential investors having such a vision and who will make a quick decision in establishing a JV cooperation with the Principal's Company in controlling the investments for the project.
28. Have you currently got some factories/plants in Operation right now? if so where and how many..
Yes. There are 6 factories that are producing this product, they are in Shanghai, Jiangsu Province, Shandong province and Zhejiang province.
29. Plastic recycle materials that make up the templates, these templates are used for what and where? ie are they used for building walls, floors to replace wooden panels? benefits are? etc..They are used at the high story apartment housing construction, high office building construction, hotel construction...
They are used for building walls, floors, beams to replace the wood building template.
Benefits are that it will lower the construction cost, it saves labors, it last 10 times longer than the wood building templates that are wildly used in every construction sites in China and in every country of the world.
30. Any Press release for this technology? is it Patented?
It is patented technology, no press release has been made in the national scale
31. Are all permits, entitlements, permissions etc for the project in place?
All permits, entitlements, permissions for the project are in place. My colleagues and I have had meetings with the mayors of Binhai city, Rugao city, changzhou city and Xiangshui city in the last 3 weeks, all these 4 city governments have agreed at giving us their full support to this project. Once the jv contract is signed, all these 4 cities will give us their official approval within 7 to 10 days, if necessary, it can be within 5 days.
32. Can you please elaborate and explain more on the 6 Million USD plant which requires the minimum investment requirement. How big is the plant and on what capacity production? For your information, our Malaysian government is providing up to RM50 Million (equal to USD15 Million) on funding such project in Malaysia. But if this project is really successful, I believe our government will put more money into it or may collaborate in the JV projects to build plants in China.
If it is a $6 million USD, it is a factory with 4 to 5 production lines, it is a small factory. If it is a $15 million USD, you can build a factory with 10 to 15 production lines.
Capacity per one (1) production line ( square meters) 250,000. Annual capacity per 50 production lines ( square meters) 12,500,000 / (square feet) 134,500,000.
|