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China's Packaging Machinery Market Research Report - PMMI

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Interviewee VV Group Ltd.<br />

Address 128 Fuxing Rd (S), Xuzhou, Jiangsu Province<br />

Phone 0516-2704068<br />

Fax 0516-2704888<br />

Ownership State-owned<br />

G. Manager Cui Guiliang<br />

Number of Staff 6,896<br />

1. MAJOR PRODUCTS OF THE INTERVIEWEE: Bean & milk powder and bean<br />

powder.<br />

2. THE ASSETS, TURNOVER, AND PROFIT AS OF 1999 IS LISTED BELOW:<br />

(Unit: USD 1000)<br />

Assets Turnover Profit<br />

239,472 445,406 40,125<br />

3. CURRENT PACKAGING STATUS: Bagged, bottled and boxed.<br />

4. NAME, QUALITY, AND MANUFACTURER OF PACKGING MACHINERY IN USE<br />

(Unit: USD 1000)<br />

Name Quantity Unit Value Manufacturer<br />

Year of<br />

Purchase<br />

1 All-automatic packaging<br />

processing line<br />

2 1,900 Switzerland 1996<br />

2 Auto-packaging<br />

130 80 Tianjin 1992~19<br />

processing line<br />

95<br />

5. EXPECTATIONS AND PLANS ON IMPROVEMENT OF PACKAGING QUALITY<br />

We will introduce brand-new, fashionable packaging styles in accordance with our<br />

newly developed products.<br />

6. KIND OF PACKAGING MACHINERY TO BE PURCHASED AND ESTIMATED COST<br />

We are to purchase imported packaging processing equipment at a price of USD 3<br />

million.<br />

7. DO YOU ATTEND ANY EXHIBITIONS FOR PACKAGING MACHINERY? PLEASE<br />

SPECIFY THE NAMES. ANY EQUIMENTS PURCHAS ED ON THAT OCCASION?<br />

We often attend fairs in order to get informed about the newly fashionable packaging<br />

styles in the world. We actively contact the domestic agents of foreign manufacturers<br />

when purchasing equipment. Payment: cash against delivery.<br />

8. REMARKS ON USE OF BOTH DOMESTIC AND FOREIGN PACKAGING MACHINERY<br />

Imported packaging machinery is superior in terms of high automation, advanced<br />

self-control, and good security. But it charges more in after-sales service than<br />

domestic manufacturers.<br />

114

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