25-30% technology stock will be held in the total assets of the new joint venture.
The total investment is about one hundred million:
1. First phase investment 15 million RMB, output 300 buses, production value 150 million RMB, gross profit 12 million RMB;
2. Second phase investment 30 million RMB, out put 600 buses, production value 300 million RMB, gross profit 25 million RMB;
3. Third phase investment 55 million RMB, output 1200 buses, production value 600-800 million BMB, gross profit 60-80 million BMB.
The partners in Southeast countries are preferred to.