Project Name: Hebei Kuancheng Pressure Vessel Automation Intelligent Production Line Construction Project
Release Date: 30th December, 2018
Investment Mode: Joint-venture,sole proprietorship
Industry: Manufacturing
Location: Hebei Province
Project validity period: One year
Total amount of project capitals: 115,451 million US dollars
Project Description:
1. Project content and scale: The building area is 56971m2, the main construction: (1) The original 3 million gas cylinder production line intelligent transformation project (including intelligent transformation of production line and waste heat recovery project) (2) Newly built 2 million oxygen-nitrogen argon Gas cylinder production line project (3) Composition, construction scale, process and equipment selection, construction standards and grades of 3 million new fire-fighting gas cylinder production line projects (including 2 million fire-fighting gas cylinders and 1 million liquefied petroleum gas cylinders) Wait.
2. Investment Estimation and Source of Funds: The total investment of the project is 168 million US dollars, including construction investment of 160 million US dollars, and initial working capital of 8 million US dollars; the project plans to introduce foreign investment of 138 million US dollars.
3. Market Analysis: The implementation of national basic transportation, energy, urban infrastructure construction planning and the implementation of the national top ten industrial revitalization plans will further expand the space for the development of the domestic pressure vessel market, domestic pressure vessels (seamless gas cylinders, The market demand for liquefied petroleum gas cylinders is bound to increase, and the growth rate will be greater than the growth rate of 8-10% of the national GDP, providing a good market opportunity for domestic pressure vessel manufacturers.
4. Analysis of economic benefits: After the implementation of the project, the annual sales income will reach 158 million US dollars, the total profit will be 2 million US dollars, the sales tax and the additional tax will be 1.34 million US dollars, and the value-added tax will be 11.13 million US dollars. The investment recovery period before the project income tax is 6.7 years, the investment recovery rate is faster, and the profitability is stronger.
5. Construction Conditions: Kuancheng Manchu Autonomous County is located in the northeastern part of Hebei Province. It is located in the southeastern part of Yanshan Mountain, on the north side of the Great Wall, near Beijing and Tianjin in the west, Bohai Sea in the east, Liaomeng in the north and Tangshan in the south. The county enjoys convenient transportation. The four national and provincial highways of Beijing, Chengqin, Kuanbang and Qingping run through the county. The county town is 250 kilometers from Beijing, 260 kilometers from Tianjin, 151 kilometers from Chengde, 150 kilometers from Tangshan and 232 kilometers from Qinhuangdao. The communication service network is comprehensive, and the geological structure of the project site is relatively stable and the weather conditions are good.
6. Overview of Chinese Cooperation Units: In November 2011, Kuancheng Sublimation Pressure Vessel Manufacturing Co., Ltd. implemented standardized management in the process of design, development, production, installation and service, and now has the right to terminate, close, and close the steel pipe. Seamless gas cylinder production line consisting of machine addition, hydrostatic test, spray coating and air pressure test. The leading product seamless gas cylinder has novel appearance, fine workmanship, and durability. “Kuancheng Sublimation” has gained a good reputation by quality one-stop service.
Information Source: Ministry of Commerce Public Services
