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¢ñ. Project Name: Annual Production of 1,800t of Chinese Aniseed ¢ò. Industrial Category: Farm Produce Processing ¢ó. Type of Construction: New Construction Project ¢ô. Construction Period: ¢õ. Construction Scope and Scale To erect a production line for an annual production of 1,800t of Chinese aniseed, covering a total area of 50mu. The civil works construction for the main workshops covers 10,000 ©O and for auxiliary rooms, 3,200 ©O. ¢ö. Project Site: Yiling Industry Zone ¢÷. Construction Conditions The Project site Yiling Industry Zone is flat in topography, with passageway connected to the expressway and is convenient in transport. The site is equipped with water, power and communication facilities. The principal materials for the Project are aniseed branches and leaves, with an annual consumption of 0.2 million ton. At present, there are more than 10,000mu of aniseed trees in Wuming County, and a production base of aniseed trees with a total of 20,000 mu is under construction. Aniseed can be harvested in 5 years with an annual output of 240,000t, which can meet the Project demand. Before the base is completed, the supply of the insufficient portion of raw materials can be purchased from the surrounding counties and cities. ¢ø. Total Investment and Capital Composition: The total investment is RMB 84.22 million, of which, investment in fixed assets takes up RMB62.42 million, and circulating funds takes up RMB 21.8 million. ¢ù. Capital Source ¢ú. Pattern of Cooperation: Sole investment, joint venture, and co-operation ¢û. Analysis on Market and Anticipated Economic Benefits ¢¡. Analysis on Market Anise oil and related products have the efficacy of being stomachic, improving and smoothing circulation, dispelling cold and cough, and killing pains. Aniseed is widely used in food, medicine, and chemical industries. Anise oil has long been a key export product for China to earn foreign currency. As early as 1897 it was sold to Europe and America, and the ¡°Tianbao Aniseed Oil¡± has gained international reputation. With China¡¯s entry into the WTO and with the economic globalization process accelerated, by fully exerting our country resource advantages and expanding production of Aniseed oil and related products, we can find a broad market for the products of the Project. ¢¢. Anticipated Economic Benefits The Project annual sales income will be RMB133 million under in normal production year with a profit of RMB32.97 million after tax, an investment profit rate of 26.57%£¬an internal rate of return of 32.2%£¬and an investment recovery period of 6.9years £¨including the construction period £©. ¢ü. Progress of Preparation Work: The Project Proposal has been approved. XIII. Project Competitive Advantages The Project not only enjoys preferential policies for China¡¯s Western Development, but also enjoys investment preferential policies of Wuming County. XIV. Project Owner: Administrative Committee of Yilingyan Development Zone, Nanning XV. Contact Contact Person: Xie Guoyou Address: Dingluo Commercial and Residential Zone in Wuming County Tel: 0771£6212288 6222566
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