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HSQ Mobile Cooling Project

HSQ Mobile Cooling Project. HSQ. Sichuan HSQ Cooling Equipment Co.,Ltd. http://www.hsqgroup.com. Company Intro. Established in 1998. Located in Chengdu High-Tech Zone West, covered area 66,000 m ².

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HSQ Mobile Cooling Project

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  1. HSQ Mobile Cooling Project HSQ Sichuan HSQ Cooling Equipment Co.,Ltd. http://www.hsqgroup.com

  2. Company Intro. • Established in 1998 • Located in Chengdu High-Tech Zone West, covered area 66,000 m² • Engaged in research, design, manufacture, sales and maintaining services on " mobile cooling" systems Office Building • In Jan 2004, became joint-venture (Hong Kong Tianhua Co.,Ltd) with registered capital 10.85 million USD Manufacture Building

  3. Company Intro. • In Feb 2002 , with Shandong Liaocheng City Bus Industry Group, together funded a new company, named Shandong Dongyue HSQ Bus Air Conditioner Co.,Ltd • 55% - 45% • initial funding is ￥12 million • The sales revenue exceeds 35 million yen in 2003 Office Building Workshop

  4. Company Intro. A Class Supplier Certificate Auto Accessory Certificate 16949 Certificate

  5. 1. Radiator Project • Needed Fund : ￥100 million (self-raise ￥40 million) - Equipment ￥50 million （Germany Schöler) - Flowing Cash ￥50 million • After three years, it will reach the full production capacity - water tank: 400,000 sets - evaporator & condenser: 400,000 sets - other heat exchanger: 100,000 sets Profit：Before Tax M￥：million Chinese yen %： compare to full production

  6. 2. Automobile Air-Condition • Needed Fund : ￥60M - Testing Equipment ￥20M - Manufacture Equipment ￥5M - Construction ￥3M - Flowing Cash ￥ 32M Sales Revenue : ￥590M Profit Before Tax: ￥21M

  7. Market Research The Chinese auto industry grows fast The car price continually lower The income level improving Product quality improving The supply capability lower than demands BIG DEMAND Radiator Auto AC

  8. Market Research Output Increase rate

  9. 3.Airport Cooling Equipment • Aircraft AC Vehicle • Airport Repair Station AC • Passenger Bridge AC

  10. Aircraft AC Vehicle Needed Fund: ￥60M - Manufacture Equipment ￥10M - Testing Equipment ￥15M - Construction ￥15M - Flowing Cash ￥20M Profit Return will be around 35%

  11. Aircraft AC Vehicle Designed in 2002 Test run (China Southern Airline) 2003/09 – 2004/04 CAAC issued manufacture license 2004/05 CAAC Appraisal Meeting

  12. Aircraft AC Vehicle Manufacture License issued by CAAC

  13. Product Advantage 1. Manufacture License (from CAAC) 2. 3. Price advantage: Our Product: ￥1.6M, Good After Sale Service Importing Product: ￥2.6M (include Tax), No

  14. Who are we looking for • We are looking for a partner, who is in auto or auto accessory industry and interested in opening up Chinese market • We are looking for a partner, who wants to use the labour resource in China to reduce their cost

  15. Please Contact Us Address: High-Tech Western Zone Chengdu, Sichuan, China Post Code: 611731 Contact Person: Rob Xiong Tel: 86-28- 87825509 Fax: 86-28-87826888 Cell:86-13980489813 Airport Equipment Department Telephone: (86-28) 87825514 Web Site: http://www.hsqgroup.com E-mail: hsq@hsqgroup.com

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