XXXXXX's loan book

Shanxi province Changzhi giant day science and Technology Co., Ltd. was founded in 2003 August, is approved by the relevant department of the Ministry of foreign trade and so on, has the independent import and export rights, industry and trade integration of the development of private enterprises, mainly engaged in deep processing of magnesium metal and related products and the import and export business. The company has 100 employees (including 20 technicians), about 30000000 yuan in fixed assets.

In recent years, the company introduced automatic production line with the international advanced level, the production of spherical metal powder, granules of metal Ca, magnesium alloy, magnesium, magnesium alloy grain passivation of die casting magnesium alloy, super light folding electric bicycle all meet international quality standards, the first has been listed in the national "eleven five" period "8815" engineering export over tens of millions of dollars more than eight large export enterprises, the same year by the "Shou contract re credit" enterprise title, and won the China enterprise credit assessment center "AA" credit rating, the enterprise has passed ISO9001:2000 international quality system certification, has been appraised as "Changzhi exports advanced enterprises", " science and Technology Department of Shanxi Province High-tech Industrial enterprises".

Prospects for development, product

1Magnesium alloy die casting project background

Resources and environment has become the primary problem of sustainable development in the twenty-first Century. From late nineteenth Century to early twentieth Century, due to the rapid development of social economy, the consumption of metal materials grow with each passing day, some metal mineral resources gradually dry up, some metal (such as copper, lead, zinc) only lasts for a few decades, some rich reserves of metal (such as aluminum, iron) can only use 100 - 300 years. China is a poor country reserves of copper, iron is not very rich, bauxite quality is not high, the reserves and quality of speaking, the above several kinds of mineral resources in China is not dominant, and magnesium as a lightweight engineering material, its potential has not been fully excavated, the development and utilization of far less steel, copper mature, aluminum etc.. In many traditional metal mineral tends dried up today, accelerating the development of magnesium metal material is one of the urgent tasks of social sustainable development.

2The advantages of magnesium alloy die casting project

1Policy advantage: in order to make full use of magnesium resource in China, its application in higher level, deeper, wider field, turn the resource advantages into economic advantages, "application development and industrialization of magnesium alloy" is listed as "eleven five" national scientific and technological plans of major projects, from the country to the cities as the development of magnesium industry project, issued a series of preferential policies and encourage.

②Resource advantages: China is the most abundant magnesium resources in the world, mineral types, wide distribution, total reserves ranking first in the world; magnesite reserves ranking first in the world, has proven magnesium ore reserves of 31.45 tons, accounting for 22.5% of world reserves, magnesium dolomite mineral rich, especially Shanxi and Ningxia, Henan Province, has proven reserves of 40 tons, four Saline Lake District magnesium salt mineral resources in China's prospective reserves 10 tons, magnesium levels in seawater is 0.14%, it is be inexhaustible.

③Technical advantages: Engineering Research Center for precision forming national Shanghai Jiao Tong University, light alloy, magnesium alloy is China's largest base of scientific research. In recent years, the center has undertaken the National Natural Science Foundation, Shanghai Municipal Science and technology development fund of national and provincial and ministerial level scientific research project 40 multinomial, published more than 350 papers, applications and obtained 71 national patents, especially for the production technology of magnesium alloy are studied, the development of magnesium alloy die castings, automobile magnesium alloy mobile phone and other electronic products. We have and the center officially signed a "cooperation agreement", which we developed the technology of the product is guaranteed.

The product advantages: magnesium alloy mobile phone and other electronic products has many advantages: light weight, only aluminum alloy density 2/3; ratio of strong, high specific stiffness, under the protection of inert gas, good machining performance, suitable for injection molding, but also has the properties of Thin-walled Casting; electromagnetic wave shielding effect good for portable computer, mobile phone shell, shell; good heat dissipation, with magnesium die casting computer shell or TV shell can not radiating holes, to prevent dust into the machine; vacuum is good, can be used for vibration sensitive electronic components bracket, shock absorber and pneumatic tool products; concentrate recovery can be 100%.

3The application range of magnesium alloy and its market prospect
At present, the field of magnesium alloys have been widely used in modern society, life, especially the modern production of die casting process of magnesium alloy automobile, motorcycle, bicycle, 3C electronic parts and become the new content of science and technology enterprises, high-grade product updating product, has a broad domestic and international markets and potential development prospects.

(1) status of die casting: squat IMA and Hydro Magnesium, according to some statistics, the 1996 World magnesium alloy die casting products for 51000 tons, in 2000 increased to 100000 tons / year in 2008 to more than 20 tons / year. Problems in China in 2008 10000 tons of magnesium alloy die casting production in China is only when all die casting production 1.2%.

(2) analysis of product market positioning: according to market demand, the investment direction in magnesium alloy of the project for the electronics and instrumentation products such as mobile phone shell, shell shield, advanced hearing aid shell, shell collecting computer, handheld computer case, digital camera shell products such as automobile, motorcycle parts such as the car; the steering wheel cover, cylinder, clutch housing, automobile and other products; and aerospace parts and military field and hand tools and products for civilian use.

(3) the market prospect: according to statistics by the end of 2008, the world demand for magnesium alloy products only for the automotive industry amounted to 200000 tons, and the annual demand is increased by 20 - 30% of the speed, so the gap is very big. Only China's magnesium alloy products demand in 2008 105000 tons, will be to increase the rate of 25%, so the gap is large. Is expected to "eleven five" period, China's motorcycle production will reach more than 13000000 vehicles, including the application of magnesium alloy die casting on the motorcycle: magnesium alloy wheels, shelves, crankshaft box and other components, magnesium alloy content of at least 40000 tons; cars will reach 1000000000. Magnesium alloy magnesium alloy in the fifteen parts of the car, at least a year more than 100000 tons, 3C electronic products each year to magnesium alloy is of more than 200000 tons, coupled with the needs of the international market, so the magnesium alloy die casting has broad market and potential development prospects.

(4) the economic benefits of the whole industrial chain: a total investment of 2560000000 yuan, including fixed assets investment 1900000000 yuan, capital investment 660000000 yuan; completed and put into production after the sales revenue of 6400000000 yuan, taxes 700000000 yuan, the annual total profit up to 2600000000 RMB, of which the first phase completed and put into production, the annual sales income of 640000000 yuan, realize tax 155362600 yuan (including tax), the annual total profit up to 255656400 yuan, net profit reached 171289800 yuan, the investment profit rate is 51.6%, the investment profit rate is 47%, financial internal rate of return around 49.14%, investment recovery period is 3.8 years, repayment period of loan is 3.6 years; the financial three rate index is higher, the financial NPV is greater than zero, the investment recovery quickly, has a better return on investment and risk resisting ability, so the economic benefit is very considerable.

The 4 extension products: super light magnesium alloy foldable electric bicycle project.

Since 2009, the impact of the financial crisis, the market downturn of metal magnesium, magnesium ingot prices. Experience new material the ups and downs of the market, Changzhi giant day science and technology company decided to walk on two legs, continued to produce magnesium alloy die casting at the same time, the positive development of metal magnesium products deep processing and terminal products. Last year, Changzhi giant day science and technology company to investment, the final and Sino foreign joint venture Danya Vehicle Co developed super light magnesium alloy foldable electric bicycle cooperation projects.

Super light magnesium alloy foldable electric bicycle project, is a specially designed for the city people design the vehicle, the vehicle use of lightweight materials magnesium alloy precision castings, weighing less than 20 kg. The principle, design according to the human body mechanics riding comfort, effortless, seat height can be adjusted freely, by the group of 1.5 metres to 1.9 metres in between. When in use, the car can be freely folded, fold and open just a minute. Small volume after folding, can be placed in the configuration of the car in the fashion bag, one hand can be carried upstairs, the elevator, on the bus, the subway, very convenient. Travel time, the car can be placed in ordinary car trunk, and the trunk, ordinary cars can hold 3 cars, very suitable for a family of three used. If you take the train, the train seat can also be easily put in. Now the first generation of products have been developed, and by the relevant departments of the state. In line assembly 300 vehicles every day, 30 days per month, the project annual profit is expected to 150000000 yuan, income tax is 38500000 yuan. At present, Changzhi giant day and Danya vehicle has started developing two generation products, using solar power instead of lithium battery, both environmental protection and energy saving.

Two,Financial condition

By the end of 2007, total assets of 51810000 yuan, the current assets of 36650000 yuan, 15160000 yuan in fixed assets, total liabilities of 18600000 yuan (current liabilities), the rights and interests of the owners of 33210000 yuan, assets and liabilities was 56% years, the flow rate of 197%, as of 2009 1 at the end of the total assets of 49900000 yuan, of which 34980000 yuan of current assets, fixed assets 14920000 yuan, the total liabilities of 15350000 yuan (current liabilities), the rights and interests of the owners of 34550000 yuan, assets and liabilities was 30.76%, the flow ratio of 227.88%. He did not occurred in loan business.

Three,The funds needed

Changzhi giant day science and technology and Danya vehicle R & D super light magnesium alloy folding electric bicycle, at the Shanghai World Expo debut, which attracted the attention of people. A Danish merchants have proposed 100000 car orders intention, Tianjin electric bicycle association which product to promote, Taiwan Foxconn chairman Terry Gou may be in the best of spirits to test ride. However, due to lack of funds, can only accept small order, cannot accept big orders.   

So, whether Changzhi can produce the super light magnesium alloy foldable electric bicycle conditions? Analysis of subjective and objective, Changzhi production of super light magnesium alloy folding electric bicycle has be richly endowed by nature conditions. First of all, the original Changzhi bicycle factory was the first in Shanxi province production of bicycle manufacturers, Changzhi began producing bicycles as early as 1962, with the development of electric bicycle market potential and technology. Secondly, the magnesium rich resources of Changzhi City, all the time, we all know that Shanxi magnesium metal reserves first in the country, but little-known is, Changzhi has proven reserves of 60000000 tons with dolomite. Three is my company has 7 years of production of magnesium alloy die casting of history, coupled with the recent Wuxiang start magnesium alloy production line construction, annual production capacity of Changzhi city will be more than 6000 tons of magnesium alloy.

In accordance with the magnesium alloy precision die casting project and extend the product super light magnesium alloy foldable electric bicycle two lines measuring, need a total of 100000000 yuan of funds. According to the current situation, the first batch of the funding gap for the 3000-5000 million. We are writing to you to apply for a loan of 50000000 yuan (50000000 yuan), for the purpose of the recent domestic and foreign orders, operation. With a period of 3-5 years.

Four,Contact information

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Two 0 0 years in September 10th