PROJECT BRIEF OF WEIHAI CITY ¡ª¡ªTourism,Real Estate and Commerce
NO.T08 ¡ª¡ª Large-scaled Shopping Center
I.PROJECT UNIT BRIEF £¨THOUSAND US$£©
COMPANY NAME
Qiaoxiang Group Co.,Ltd.,Shandong
ADDRESS
1,Jinxianding Road, Weihai,Shandong,China
CONTACT PERSON
Li Zhongjing
Zhang Luping
TELEPHONE
0631-5231182 5321071
FAX
0631-5215405 5321958
E-MAIL
sdwhlzj@163.com
EMPLOYEES
1200
TECHNICIANS & MANAGING STAFF
42
OWNERSHIP
Limited liability
FOUNDING DATE
July,1993
ASSETS
20000  
REGISTERED CAPITAL
10000  
LIABILITIES
 
MAIN PRODUCTS
Clothes,packing materials, health-care products, toys, real estate, trading market, imp.& exp.
TECHNOLOGICAL AND OPERATIONAL CONDITIONS
The technical and management level is advanced.
BUSINESS STATUS(LAST 3 YEARS)
1999
2000
2001
ANNUAL SALES OR REVENUE
16930  
19345  
21770  
ANNUAL EXPORT
10000  
11000  
12000  
PROFIT AFTER TAX
1212  
1378  
1447  
II.BRIEFOF THE INTENDED PROJECT (THOUSAND US$)
PROJECT NAME
Large-scaled Shopping Center
PROJECT TYPE
NEW
¡̀  
EXPANSION
 
INNOVATION
 
POLICY
ENCOURAGED
 
PERMITTED
 
RESTRICTED
 

PROJECT DESCRIPTION

Pursuant to the city development plan of Weihai, a large-scaled commercial facility is going to be built in the urban area integrating the services of restaurant, entertainment, recreation and leisure together. The total construction area of the center is 170,000 square meters including the shopping center, parking lot, restaurant and office building. The shopping center covers 85,000 square meters equipped with department store, franchising shops and easy shops, and mainly attract the Japanese and Korean enterprises to rent and manage. The parking lot is 5,000 square meters, and the service facilities such as restaurant and office buildings are 80,000 square meters.

TOTAL INVESTMENT
10000-12000  
COOPERATION PERIOD
30-50 years  
FILED OR NOT
FILED  
III. INTENDED COOPERATION MODE
EQUITY JOINT VENTURE
 
EQUIPMENT QNLY
 
EQUITY TRANSFER
 
SOLELY FOREIGN OWNED
¡̀  
COOPERATIVE JOINT ENTURE
 
TECHNOLOGY TRANSFER
 
COMPENSATION TRADE
 
BOT(TOT)
 
OTHER MODE
 
IV.INVESTMENT BY EACH SIDE (THOUSAND US$)
ITEM
CHINESE PARTNER
FOREIGN PARTNER
INVESTMENT PROPORTION(%)
 
 
CASH
 
 
LAND USE RIGHT
 
 
PREMISE
Constructed by Chinese Partner according to the foreign partner's requirement  
 
EQUIPMENT
 
 
TECHNOLOGY
 
 
INTELLECTUAL PROPERTY RIGHT    
OTHERS
Construction capital paid by Chinese Part  
 
V.RAW MATERIALS AND INFRASTRUCTURES
This commercial facility occupies a land of 40 mu located at the busy area of the urban city, which is 1000 meters away from the center of the city. It is adjoining Haibin Road in the east and Qingdao Road in the west. The transportation is very convenient, and the basic facilities are complete.There are banks, hospitals, schools and residents area nearby.
VI.MARKET ANALYSIS
Weihai is an open coastal city. The economy has been developed rapidly in the past few years with the living standard of the rural and urban people increased dramatically, the city scale enlarged , and the consumption concept changed tremendously .The increasing rate of the social consumption retail keeps at 12% yearly. The development of the commercial is backward to the development of the city. The traditional department store is the main form of commercial industry. Except for the chain supermarket, there is no easy shop and large-scaled supermarket . The unreasonable structure of commercial industry can't meet the demand of the people at different levels. Investing in the modern commercial industry means great market potential and will bring rich payback for the investors.
VII.ECONOMIC BENEFIT ANALYSIS (THOUSAND US$)
CONSTRUCTION PERIOD
2 years  
ANNUAL SALES OR REVENUE
10000  
RETURN ON INVESTMENT
12 %  
PAY-BACK PERIOD
8-9 years  

APPENDIX