I Project name

Annual Output of 800 Flexible Manufacturing Cells Based on Robotics by Shandong Xinankai Power Technology Co., Ltd.

II Brief introduction to the project undertaker

Shandong Xinankai Power Technology Co., Ltd was founded in August 1998 with the registered capital of RMB 100 million Yuan and gross assets of RMB 2.52581 billion Yuan. The company focuses on manufacturing five series of aluminum alloy die castings of including motor transmission, engine, oil pump, steering pump, generator and starting motor shells as well as products like CNC vertical cutting milling composite lathes. The company has the staff of over 600 persons and achieved the sales revenue of RMB 2.91114 billion Yuan and profits and taxes of RMB 170.84 million Yuan in 2013.

III Project content and construction scale

The main construction content includes newly built storage facilities, manufacturing workshops, R&D centers and other subsidiary facilities, with the construction area of 82,698 square meters. The project purchases 476 (sets of) domestic and foreign advanced manufacturing equipment, 46 (sets) of which are imported. The project aims to manufacture flexible manufacturing cells based on robotics with an annual output of 800.

IV Construction conditions of the project

The procedures such as project filing, empowerment evaluation, environment appraisal and safety evaluation have been completed, with 86667 square meters of land requisitioned by the project.

V Total investment of the project

197.31 million U.S. dollars

VI Market and economic benefic analysis and forecast

After the project being put into production, its annual operating income can increase RMB 4.8 billion Yuan, and its profits will be RMB 940 million Yuan.

VII Ways of cooperation

Joint venture and cooperative operation

VIII Contact information

Person to contact: Wei Wei

Telephone number, Fax number: 0086-543-4890781

E-mail: xinankai2012@163.com