NO5:Importing
Magnetic Rod Printing Machine andDeveloping Loop Cut Full Printed Bath Towel
Project
Basic situation of the enterprise:
Tianjin Wu Yang Towel Blankets Co., Ltd is a newly built enterprise combining, in consideration of its own optimum advantages, Tianjin Fei Tian Textile Decorative Fabric Co., Ltd, Tianjin Li He Towels Factory and Tianjin Thread Blankets Factory. An economic operation has been run on a right way for years since its establishment. It has imported advanced equipment with high technology, so possessing a solid technical power with an advanced management system. Brand "Four Coins" towel blankets, nightclothes, towels…etc are sold well throughout the whole country. All kinds and grades of multi-layer jacquard decorative fabrics of Brand "Chinese Rose", blankets and indoors supporting decorative products are available. Traditional characteristics and modern styles are well integrated as one. Therefore its products have won a welcome from clients at home and abroad.
Tianjin Wu Yang Towel Blankets Co., Ltd is located on the side of Hongqi Road - mid-ring road, NanKai District. That place is one of the best for foreign investment due to its fine surrounding environment, its excellent geographic position and convenient communication.
Project Circumstances:
Project name: Loop cut full printed bath towel
Production scale: one million pieces per year
Total investment volume: USD 1.32 million
Project Background:
Loop cut full printed bath towel is high-grade towel fabric and it is well received by the clients of Europe, America and Japan in the international market. But the deep processing cannot be conducted due to lack of a printing machine. If the magnetic rod printing machine is imported, the market of the products will have very promising future.
Market Circumstances:
This company has ever received the samples of loop cut full printed bath towel and contracts from clients both at home and abroad. Because of lack of the machine, we could not accept them. According to the contact with some foreign clients and the investigations in our country, loop cut full printed bath towel will have a very good market.
Economic Benefit Estimation:
Total investment will be USD 1.32 million, including foreign capital USD 1.2 million to be planed to import. Annual sales will be USD 3.6 million, and sales tax USD 0.14 million. The profit rate after tax will be 13.2%. The proportion of profit & tax to investment will be 23%. Within three years after the project put into operation, the investment will be recovered. The project construction period will be one year.