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Auction on the State-owned Assets of Wuming Paper Mill
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2005-06-13

  ¢ñ. Project Name: Auction on the State-owned Assets of Wuming Paper Mill
  ¢ò. Industrial Category: Industry
  ¢ó. Type of Construction
  ¢ô. Construction Period
  ¢õ. Construction Scope and Scale
  The project is intended to put all the assets for production and operation to auction, including land use right, machinery and equipment, houses and other buildings. Through auction, the property right of the enterprise is transferred and the existing asset of the enterprise is utilized to put the enterprise into continuous operation. The nature of land use can also be changed through the auction and the land can be used for real estate development, storage and business and trade operation.
  This is a small state-owned industrial enterprise with independent corporate status mainly dealing in production and sale of machine-made paper and paper cardboards.
  The major products include: white paper for noodle packaging, paperboard for cartons for noodles packaging, 80g/©O craft paper, 50¡«80g/©O stationery paper, etc. The annual output is about 15,500 tons.
  Main assets include the following: The investment in fixed assets is 60.0046 million Yuan, land for production purpose 84.6mu, major machinery including 1 Model 1092 and 1 Model 1575 paper machines, 1 Model 2362 paperboard machine and 1 20t/h internal circulating fluid bed boiler.
  ¢ö. Project Site: Wuming County
  ¢÷. Construction Conditions
  The project is located in Biaoying Road of Wuming county seat, adjacent to Wuming-Shuangqiao Road with easy traffic access.
  ¢ø. Total Investment and Capital Composition: The mill is engaged in industrial production and the expected price for the auction of the whole works is about 15 million Yuan.
  ¢ù. Capital Source: To be introduced.
  ¢ú. Pattern of Cooperation: Transfer through auction
  ¢û. Analysis on Market and Anticipated Economic Benefits
  ¢ü. Progress of Preparation Work
  XIII. Project Competitive Advantages
  XIV. Project Owner: Wuming Investment Promotion Bureau
  XV. Contact
  Contact Person: Lu Enhu
  Address: Economy & Trade Bureau of Wuming County
  Zip Code: 530100
  Tel: 0771£­6222102¡¢6297818
  Fax: 0771£­6222102
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