Project Title: Anion Energy-saving Light

Project Unit

Yantai Haolibest Lighting Co., Ltd., founded in 2002,is a joint venture set up by Yantai Haoli Electronics Co., Ltd and Hong Kong Yinghua Company. There are 2 advanced technicians and three researchers and 48 professional technicians with the annual sales income of US$2.63million, realizing the profit and tax of US$325000. The company possesses advanced electric light source inspection &analysis equipment and all kinds of components inspection equipment, owning 6 production line with the main products of electronic energy-saving light of 3W-125W and the direct current electronic energy-saving light, etc. It can design and produce 12million lights every year. The company has passed the ISO9001 quality management system and CE international certification etc. The company is a Hi-new Technology Enterprise of Shandong Province, listed as “Quality Tracking Service Unit” by Shandong Quality and Technical supervision Bureau, The products are sold to all over the country except Tibet, exported to more than 30 countries and regions.

Project Contents

It is to build the production line of anion energy-saving light, covering an area of 35 thousand㎡ with the construction area of 12thousand㎡ and the annual production of 1million anion energy-saving light.

Market Analysis

The anion energy-saving light can absorb the dust of the air, purify the air and keep health; it is applied to the home, hotel and other public places. Because it is a patent product, it is only sold in Japan Market. The annual demands for the product in china amount to over 30million, and it will replace the traditional energy-saving light. Therefore, it has a very prosperous market prospect

Total Investment and its Composition

The total investmentof the project amounts to US$2.5million with the fixed assets of US$1.63million and the circulating capital of US$ 875000.

Economic Benefit Analysis

After it is put into operation, it will gain annual sales revenue of US$9.38 million, profit and tax of US$1.25million.

Mode of Cooperation

Equity Joint Venture, Contractual Joint Venture