looking for Investor for metal matrix ceramic composite casting technology
What is your idea / business and to whom is it addressed?
We have mature and advanced MMC casting ( Ceramic insert )technology and We can produce all kinds of wear-resisting parts of crusher by MMC casting technology. The spare parts by ceramic compound casting is high wear resistant, the life span is several times of the traditional material. This product is widely used in mining, gravel aggregate, cement plant, thermal power plant, steel plant, construction waste recovery, etc. Especially, Our MMC-Mn casting technology (High manganese steel matrix ceramic composite casting technology) is the Original invention and advanced wear-resistant material manufacture technology in the world, It will be a huge market for high-speed growth.
How should the idea/business earn money?
Now our 2019 output is 900 tons, sales revenue approx USD2.9Millions, gross profit approx USD1Millions. We want expand production capacity to 5000tons per year and Sale revenue 120 million RMB yuan ( approx = USD18 million),Annual Net Profit 30 million RMB Yuan( approx = USD4million) in 2021. We plan expand production capacity to 15000 tons of annual in 2025, 370 million yuan( approx = USD52million) annual sales income, annual net profit 90 million yuan( approx = USD12million)
At what stage is the idea / business at the moment?
Financing uses: Perfecting procedure of existing plant & land: Additional equipment expansion capacity : Of which supplementary liquidity research and development of new products and technologies
What do you need?
First Funding, the DJM company intends to raise 20 million RMB Yuan ( approx = USD3 million) by capital increase and distribution to expand production capacity to 5000tons per year and Sale revenue 120 million RMB yuan ( approx = USD18 million),Annual Net Profit 30 million RMB Yuan( approx = USD4million)
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