Business Services Industry
Research and Markets: Zhundong Hengtai Fuli Manufacturing and Installation Authority, Ltd. is One of the 175 Key Enterprises in China's Oil and Natural Gas Extracting Industry
Business Wire, March 10, 2008
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c85488) has announced the addition of Zhundong Hengtai Fuli Manufacturing and Installation Authority, Ltd., Fukang City to their offering.
This report is a company overview containing contact and financial summary data. This company is one of the 175 key enterprises in China oil and natural gas extracting industry.
China's energy needs are growing with incredible speed, and the Chinese government knows it. By 2030 natural gas will surpass oil to become the world's number one energy resource, especially in the power generation industry. According to government forecasts, China will need to invest over 220 billion RMB in natural gas infrastructure, pipelines, and liquefied natural gas (LNG) facilities between 2002 and 2020. Opportunities will be created in the reconstruction and expansion of old power plants as well as in refitting existing power generation equipment. In coal bed gas exploration, foreign investment and advanced technologies will be key. Natural gas in China offers attractive prospects for investment. In the near future, it will become one of the most vibrant areas of cooperation between China and foreign countries.
The demand for natural gas, as a clean and efficient fuel, is expected to reach 200 billion cubic meters by 2020. With demand growth outpacing supply, China will have a supply gap of about 80 billion cubic meters by 2020. The Chinese government is currently drafting plans for the mid to long-term development of the natural gas industry. Objectives include the further acceleration of exploration, development and use, optimization of energy supply structures and enhancing national energy security.
One important issue for foreign companies interested in China's natural gas infrastructure is the level of openness to foreign businesses. The Chinese government encourages foreign companies to participate in the construction and operation of natural gas exploration, shipping, storage, power generation, urban use and related industries. A number of laws and regulations have been modified to relax restrictions on foreign investment. In fact, in recent years almost all major international petroleum and petrochemical companies have invested in development in China.
With the industry analysis and key enterprises contact and financial information, investors will obtain direct communication with Chinas oil and natural gas industry.
Content Outline:
1. Administrative and contact details
Corporate entity code Corporate entity name Legal agent (person in charge) Administrative regional code Province (autonomous zone, direct-jurisdiction municipality) Region (district, city, state, league) County (region, city, inner Mongolia county) Rural (town) Street (village), address Street office Community (residential committee), village community Area code Telephone number Extension Fax number Postal code Email address Web site Main business activity (or main product) 1 Main business activity (or main product) 2 Main business activity (or main product) 3 Industrial and commercial registration code Date--operation started (established) year Date--operation started (established) month Total number of employees working at year end Number of female employees working at year end
2. Financial Total business revenue for entire year Of which: Main business revenue Total assets Total value of business production (at current year prices) Of which: new products price Total sales (at current year prices) Of which: Value of goods exported Yearly average number of total employees Added business value Total liquid assets Of which: Short-term investments Accounts receivable Inventories Of which: Finished goods Total remaining liquid assets for the year Long-term investments Total fixed assets Original price of fixed assets Includes: Products used in manufacturing operations Accumulated depreciation Includes: Depreciation this year Remaining value of fixed assets at the end of the year Intangible assets Total business assets Total liquid liabilities Includes: Accounts payable Total long-term liabilities Total liabilities Total rights and interests Includes: Net receipts State capital Collective capital Corporate capital Individual capital Hong Kong Macao Taiwan capital Foreign enterprise capital Main business revenue Main business costs Main business taxes and attachments Other business revenue Other business profits Operating expenses Management expenses Of which: Taxes Property insurance premium Office expenses Professional education expenses Financial expenses Of which: Interest payments Business profits Investment revenue Subsidy revenue Non-business revenue Total profits Total losses Total profits and taxes Income taxes due Advertising expenses Research and development expenses Labor, unemployment insurance premiums Pension insurance and medical insurance premiums Housing provisions and housing subsidies Total wages payable this year (amount of credit accumulation) Of which: Total wages payable for main business Total benefits payable this year (amount of credit accumulation) Of which: Total benefits payable for main business Added value taxes due this year Income taxes this year Sales taxes this year Total intermediate business investment Of which: Direct materials Intermediate investment in manufacturing expenses Intermediate investment in management expenses Intermediate investment in operating expenses Cash inflow produced by business activities Cash outflow produced by business activities Cash inflow produced by capital investment activities Cash outflow produced by capital investment activities Cash inflow produced by fund raising Cash outflow produced by fund raising
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