Project: Anshun International Aircraft Manufacturing Co. Ltd.

Industry: manufacturing industry

Item classification: others

Construction type: newly-built

Cooperation: joint investment

Introduction:

Construction conditions

The company is settled in Anshun National High-tech Industrial Base of Civil Aviation Industrial. The infrastructure, such as water supply, power supply, roads and communications, are well equipped. And the planning of the project's construction has been completed.

Industrial conditions

1) Resources

Anshun International Aircraft Manufacturing Co. possesses complete systems for aircraft scientific research and production. It has developed, produced and delivered warplanes and training planes of dozens of models and Unmanned Aerial Vehicles (UAVs). It is positioned as China’s largest base of manufacture, trial, test flights and services of UAVs by the Aviation Industry Corporation of China.

2) Function position

General aviation manufacture, industrialization and services of civil UAVs

3) Development ideas

It plans to attract investors to launch a company, relying on its own AMT airplanes and civil UAVs and cooperation with prestigious universities and scientific research institutions, in order to develop general aviation manufacturing, industrialize civil UAVs and provide relevant services.

Market prospect prediction

It is expected to reach at least 3 billion yuan ($484.5 million) in related products for civil aviation after 5 years of market-oriented operations. Additionally, it is hoping to be listed and sell shares to the public in 2018.

Anshun International Aircraft Manufacturing Co. will develop into a large production base of general-purpose planes, civil UAVs and aircraft parts, integrating research and development, production and marketing, and make Anshun into a key aviation industrial base in Southwest China.

Site selection and scale

Floor area: 133,333 square meters

Floorage: 60,000 square meters

Construction content

To build plants and purchase equipment.

Financial index analysis

Gross investment: 500 million yuan ($80.5 million)

Attracted capital: 400 million yuan

Own funds: 100 million yuan

Payback period: 5.71 years

Annual sales revenue: 500 million yuan

Annual return: 70 million yuan

Return on investment: 17.5 percent

Preferential policies

It will enjoy national, provincial, municipal and district-level preferential and supportive policies related to the aviation industry.

Companies, whose projects are worth 30 million yuan or above in fixed assets and investment intensity reaching 2,250 yuan per square meter, or average tax revenue amounts to 45 yuan per square meter since they began to operate, will be subsidized 60 percent of their base investment.

Companies, whose projects are worth 50 million yuan or above in fixed assets and investment intensity reaching 2,250 yuan per square meter, or whose revenue amounts to 75 yuan per square meter since they began to operate, will be subsidized 70 percent of their base investment.

Companies, whose projects are worth 80 million yuan or above in fixed assets and investment intensity reaching 2,250 yuan per square meter, or whose revenue amounts to 120 yuan per square meter since they began to operate, will be subsidized 80 percent of their base investment.

The aerospace industry will enjoy a preferential tax policy in which corporate income tax is exempted in the first five years and reduced in the second five years. Also, companies will enjoy preferential policies for land use, or even zero premiums in the development area, according to investment intensity and tax revenue per square meter.

The part of individual income tax of new companies' senior management in the development zone will be fully refunded, and the part in district bureaus of finance will be retained within three years since it starts operations.

Standard one-floor plants that are built by companies themselves will be subsidized 40 yuan per square meter, two-floor plants will get 60 yuan, and three-floor plants will get 100 yuan.

Contact information of the project's service unit

Name: Investment promotion bureau of Anshun Economic and Technological Development Zone

Add: Management committee of Anshun Economic and Technological Development Zone

Postcode: 561000

Contact: Liu Qi

Tel: +86 853-3416083

Fax: +86 853-3416083