Project Name: P-Aramide 1313

Region: Yantai City Shandong Province
Contact Person: Wang Lin
Tel: 0086-535-6396602£¬6396605¡¡ Fax: 0086-535-6396666
Email: America@yantaiinvest.gov.cn

Responsible Organization: Yantai Spandex Co., Ltd.

Total Investment(Unit: USD10000): 1500

Form of Investment: Equity joint venture or cooperatively managed venture

Project Description:
1000T new kind of high polymer material aromatic 1313 short fiber, 500T insulating paper will be produced after the project was executed and the proposed construction scale is as the following: 1500T high polymer annually; 1000T spun fiber annually; making paper 500T annually. An annual sales income of US$ 9.27 million and a profit of US$ 3.29 million will be realized after it reaches its fully capacity. The payoff period of the investment will be 4.6 years.