1. Project Background: The purpose of this project is to substitute import, and occupy domestic market.  With technological improvement, innovation and enhancement of manufacturing level, it will develop the markets in Southeast Asia, Central Asia and Africa, etc. so that the opencast mining equipment made in China may have a proper place in the international market.

　　2. Construction Content & Scale: It is to construct the LMG900A Height Adjustable Drum Type Opencast Coal Stripping Machine Production Line and Standard Production Workshop, and form the annual production capacity of 20 sets.  The project covers 31664m2 land area, including 15304m2 construction area.  101 sets of equipment will be arranged.

　　3. Market Analysis & Economic Performance/Social Effect Forecasting: Annual sales income: 160.00 million yuan RMB, profits before income tax: 31.51 million yuan RMB, taxes: 13.34 million yuan RMB (after the project is completed and put into production)

　　4. Total Investment: 108.6881 million yuan RMB, including: construction investment: 101.0033 million yuan RMB, static investment: 98.5733 million yuan RMB, dynamic investment: 2.43 million yuan RMB, and circulating funds necessary for operation: 7.6848 million yuan RMB.

　　5. Form of Cooperation: Cooperation, financing

　　6. Amount & Form of Foreign Investment Expected: 5,000 million yuan RMB

　　7. Construction Site: Fuqiang Village, Dengta Town, Xian District, Liaoyuan City

　　8. Project Progress: All necessary procedures have been completed, and trial production is on the way.  Now, it has completed the land requisition of 40100m2, and 4700m2 constructed area of factory building and auxiliary facilities.  The investment completed is 21.00 million yuan RMB.

　　II. Project Owner Information

　　1. Name of Project Owner: Liaoyuan Jinsheng Opencast Mining Machinery Limited Liability Co.

　　Domicile: Liaoyuan City Non-State-Operated Economy Development Zone 

　　Legal Representative: Li Changhai

　　2. General Situation: This company is a privately owned enterprise with registered capital of 6.00 million yuan RMB, which will be soon applied for an increase to 15.00 millions. Total assets: 33.68 million yuan RMB, including fixed assets of 11.07 million yuan RMB. Bank credit rating: A. Land coverage: 40100m2, including 4700m2 construction area. Annual production capacity: 5 sets of coal stripping machines; output value: 40.00 million yuan RMB.

　　3. Contact:

　　Postcode: 136200

　　Contact Person(s): Li Changhai

　　Mobile: +86-13766049187