Item Corporation: Hunan Taiyang Bird Yacht Corporation
Address: Dadi Road,Shiji Lake in Yuanjiang City, Hunan Province,
Postcode: 413100
The contents of the item:
1. Contents of construction: The investors plan to enlarge scale to produce energy-efficient and environmental friendly yachts that are made of neo-compound materials. The total investment is RMB 165 million.
2. Analysis of prospect: With the increase of China’s economy, the improvement of residents’ purchasing power, the development of tourism, the consumption of yachting has become increasingly popular in recent years. In addition to the government’s guide, yachting must become another consumptive peak. So, the consumption markets of yachts will have an appreciate future.
3. The background of exploitation: (1) Taiyang Birds Ltd. Corporation, a full-blown brand, has great influence at home. (2) The venture is of great power of studying and exploitation. It has the co- operational foundation in producing, learning and studying with Space and Materials Engineering Institution in National University of Defense Technology and Yachting Study Center in HuaZhong University of Science and Technology. Each investor plans to devote some funds to enlarge scale.
Taiyang Bird Ltd. Corporation is established in 1993 with registered capital of 50 million. In 2005,Zhuhai Taiyang Bird Yacht Company is established under the fund’s injection of Taiyang Bird Ltd. Corporation and HongKong ChuangFu Enterprises, whose registered capital is 25 million. It is a high-tech private enterprise which aims at studying and producing high performance and new yachts. Now, it has awards: Assistant director of China Yacht Association; The member of Yacht Standardization Commission; Hunan TOP 100 Private Enterprise and TOP 100 High-Tech Private Enterprise; Yacht Studying-experimentation base of PLA National University of Defense Technology; The biggest FRP Neo-yacht producer at home. Now, it has assets of 150 million, covering an area of 280 thousand square meters (210 sq.m. in Hunan, 70 sq.m.Zhuhai). It is one of the biggest new yacht producers, producing 1000 yachts each year, and the income can reach RMB 180 million.
Item total investment: USD 23.57 million
Cooperative Manner: Exclusive venture; joint venture; cooperative venture
Contact man: Li Yuexian
Phone number：13807373295
