Stone Exploitation & extension to Cutting Workshop Datong Hengbao Stone Company

    The outlet of investment will be
    Stripping project,
    Road building
    Purchasing heavy trucks
    Excavators
    Loading machine
    Air compressor
    Workshop extension 30,000 square meters
    Investment in total: 120 millions RMB
    Products: Raw stone material, board material and stone handicraft
    Time of completion one year
    Economic return
    Output of raw material: 30,000 cubic meters
    Board material: 90,000 square meters
    Handicraft 8000 pieces annually
    gross profit (before taxed) 20 millions
    The stone reserves in two mines is 318.4 thousand cubic meters, the exploitation would be 60 years at the mining-rate of 5000 cubic meters per year. The project is in accordance with the state industrial policy, catering for the market demand.
    So the investment is at its low risk.
    The type of cooperation
    Joint venture
    Pool capital