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China's Packaging Machinery Market Research Report - PMMI

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Interviewee Yeshu Group Ltd.<br />

Address 41 Longhua Rd, Haikou, Hainan Province<br />

Phone 0898-6777124<br />

Fax 0898-6773891<br />

Ownership State-owned<br />

G. Manager Zhang Xuebin<br />

Number of Staff 5,000<br />

1. MAJOR PRODUCTS OF THE INTERVIEWEE: Coconut juice, mineral water and<br />

mango juice.<br />

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

(Unit: USD 1000)<br />

Assets Turnover Profit<br />

60,281 228,235 8,259<br />

3. CURRENT PACKAGING STATUS: Bottled, boxed, and pull-top canned.<br />

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

(Unit: USD 1000)<br />

Name Quantity Unit Value Manufacturer Year of Purchase<br />

1 (Canned) auto-instilling<br />

processing line<br />

15 482 Italy From 1985<br />

2 (Canned) auto-instilling<br />

processing line<br />

10 506 German From 1985<br />

3 (Boxed) auto -instilling<br />

processing line<br />

10 1,200 Swiss From 1987<br />

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

We will speed up the research on the production lines of soft drink packaging<br />

machinery so that new processing line might be introduced to take the place of Tetra<br />

Pack packaging machinery, which is very high in price.<br />

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

We have allocated an annual budget of USD 950,000 to purchase packaging<br />

equipment.<br />

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

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

Occasionally, and we go to exhibitions to stay informed on new trends in the<br />

packaging industry. We seldom purchase equipment through a trade show.<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 />

controlling, good security and hygienic condition. But their after-sales service is<br />

more expensive than domestic manufacturers<br />

115

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