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Market analysis
International market£ºThe export of St.edenweiss cashmere sweaters in 2000 amounted to 800 thousand pieces, 600 thousand of them to America and 100 thousand to Japan. At the same time, we have established long-term and stable cooperative relationship with America, Japan and some countries in EU, thus our exports have kept stable increase.

Domestic market: The domestic sales amount of St.edenweiss cashmere sweaters in 2000 totaled 300 thousand pieces. With the favorable sales trend, St.edenweiss Group has established 130 sales networks in some large cities at home, which have helped it gain more market shares.

Productive capacity: The present productive capacity of the Group reaches 500 thousand pieces per year, which is far away from the actual sales of 1.1 million pieces, so adding input is becoming necessary and urgent. Usually we increase our output according to the increasing demand of the market, which means market leads our production.

Output
The present productive capacity of jacquard cashmere sweaters reaches 500 thousand pieces per year.

Product planning
Cashmere and varied blended jacquard knitwear are available for men and women.

Equipment introduction
We will introduce 10 sets of CMS330.6E12 auto flat knitting machines and SIRIX/220 computer design system fro Germany, disk seaming machine and 1960*960CM iron from Italy, MO-2316NE overedging machine and DLD-5430N flat seamer from JUKI of Japan. These equipments have demonstrated the advanced level in knitting machinery field.

Location
Yinchuan High & New Tech. Development Zone
Project budget

Project budget
The total investment amounts to RMB 263.01 million Yuan, RMB 122.68 million of which for fixed assets and RMB 140.33 for current assets. Its annual output reaches 500 thousand pieces. Its sales taxation and extra value totals RMB 15.65 million, total cost RMB 242.87 million and sales gains RMB 49.42 million. The period of infrastructure investment regain extends 5.32 years and the period of its loan repay lasts for 4.17 years. The balance of profit and loss will be kept on 38.68.

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