项目名称：铝制高性能船艇、豪华游艇研发基地项目.docVIP

PAGE PAGE 10 Project Name：RD base for aluminum high performance boats and luxury yachts Project introduction：（I）high performance boats and luxury yachts (aluminum or steel) With the growth of China’s economy, the public is beginning to seek high-speed and luxurious transport, gradually forming the demand for water luxury passenger ship of high speed. The domestic market is divided into three parts. The 1st is around Bohai bay, Yangtze River delta, Zhujiang River delta and the golden waterway of Yangtze River and Zhujiang River. The products are mainly aluminum high-speed ship with double body.（mainly small water plane wave passing supported byhydrofoil ships）. The 2nd is the top-grade business yachts with the large-sized enterprise group as the target clients. The 3rd is the high-speed official vessels such as revence cruisers, frontier defense ships and custom supervision ships. A total investment of RMB 150 million is to be injected to form an annual production capacity of 20 high-speed passenger ships and 20 luxury business yachts. (二) glass reinforced plastics luxury private yachts The rapid growth of China’s economy, the consumption market is transforming from household appliances, computers to houses and cars and the experts expect the next consumption hot point is luxury yacht. It is estimated that in 2005 the demand for private luxury yacht will come into being. Tourist industry is one the characteristic economies of Qingdao. With the opportunity of 2008 Olympic sailing games in Qingdao, marine traveling will be rapidly developed. Based on the market analysis, Qingdao Shipyard is planning to inject RMB50 million to produce luxury private yacht with an annual production of 200 sets. Investment form：Joint venture Company profile：Qingdao Shipyard, established back in 1960, and has become a major shipbuilding enterprise in Shandong Province. From 70’s it started to build warships. It is the appointed unit for military production. Qingdao Shipyard has 1,2