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¡¡¡¡ Printing Center
of Shanxi Daily News Group
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¡¡Based on its current total asset of RMB 60 million, the Printing Center seeks investment for relocation and equipment purchasing. The Printing Center will be relocated in the Economic Development Zone of Taiyuan City, and 2 sets of imported offset point cycling systems will be purchased. Annual printing capacity will be increased from 510 million bisect newspaper to 830 million. Within Shanxi Province, the market share will be increased from 48.52% to 61.4%. Profit is to increase to RMB 7.44 million plus from RMB 3.93 million. in 2003, and annual yield will reach 5.02%. The goal is to secure the printing requirement within the Group and from the market, to fight for the biggest market share for colour printing, and to become the top-printing house in the Province. The project's construction term is estimated at 1.5-2 years
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