Project No.27

    1.Name : The annual output of 3,000 sets of sensors

    2.The method of Cooperation : joint venture / cooperation

    3.The time of Cooperation : 10 years

    4.Total investment : USD13.5million

    5.Investment by Chinese side and formation : USD5.3million, including 
technology, land, partial capital

    6.Expected foreign investment and formation : USD8.2million

    7.Estimated payoff period : 2.4 years

    8.Outline of the project :
    The project includes the following products: water containing rate in crude 
oil tester, optical fiber multi-path temperature monitor and its system, the 
instruments of movement measuring. This tester is a kind of device used to test 
the water containing in crude oil, it consists of sensoring detector, cable,
electronic instruments.It has such advantages as little error,good stability, 
low cost, flexible structure and synchronous measure. The optical fiber multi-path 
temperature monitor and its system is a kind of non-contact temperature measure 
instrument. It has the properties of long service life, resisting electromagnetic 
interference, high voltage insulation, light path flexibility transmission, fast
response and so on. Those advantages are superior to common sensors. The torque 
measuring instrument is used on the torque of on-line measuring driving device.
    The annual output of the project is 3000 sets of sensors, the main production 
equipments are produced by us and purchased in domestic market.
 
    9.The project is subject to the foreign investment encouraged by the nation.

    10.Outline of Chinese enterprise: 
    Yanshan University Industrial Group Company is the first school industrial 
group company in Hebei province. After ten years of hard work, it has grown into 
a big industrial group company with 11 subsidiaries depending on the high-tech 
of Yanshan University, the total assets is nearly USD12million, the main products 
are automobile accessories, electromechanical complete equipment, the products 
of computer software, drill bits and so on. We are marching into the fields of 
USD30million, the annual output value is USD30million, sales profit is USD12million. 
The hi-tech park was to be built in march of 1999, and total construction area 
is 100,000 square meters.

    11.The progress of the project : the preliminary preparation work is undergoing.

    12.Person in charge : Li zhang
    Unit : Yanshan University Industrial Group Limited Corporation
    Tel : 0086-335-8057093
    Fax £º0086-335-8051847 
    Zip code : 066004