International Cooperation

2017-09-22 17:25 Information sources:China·Rushantimes font:[ large Middle Small ]

Foreign Contracted Projects of Rushan

 

At present, only one enterprise is qualified for undertaking some foreign contracted projects that is Shandong Kunlun Road and Bridge Project Co. Ltd..

    

 As a enterprise recognized class-A in the field of the general road construction contracted projects, roadbed and road surface, Shandong Kunlun Road and Bridge Project Co. Ltd. is checked by the Ministry of Communications, approved by the Ministry of Construction, and is entitled with undertaking foreign contracted projects directly approved by the Ministry of Commerce.

The company runs a extensive business as mainly high class road project construction, at the same time, then blasting and demolition, water conservancy and hydropower, groundwork and foundation treatment, earthwork, and road maintenance project construction. It has substantial properties with over 500 construction equipment working for all kinds of projects in which lots of full-set mechanical equipment is outfitted functioning as bitumen mixing, stabilized soil mixing, concrete mixing, paving and earthwork conducting.

Although the company is endowed with the qualification to undertake foreign contracted projects, but not yet does it carry out such business.

The Foreign Labor Cooperation of Rushan

Ⅰ. Foreign Labor Cooperation Enterprise

Recently, only one registered enterprise is qualified to send labor overseas that is Rushan Jiaodong Outbound Employment Service Co.Ltd..

Founded in March 2006, with RMB6 million registered capital, as the only corporation qualified to dispatch labor abroad, Rushan Jiaodong Outbound Employment Service Co., Ltd. renewed Qualification Certificate for Foreign Labor Cooperation and Labor Dispatching issued by the Ministry of Commerce, engaging in sending various labor personnel overseas. It has become a legal regular intermediary agency running in outbound employment which is approved by the Central government and whose chief foreign market is Japan.

 Ⅱ. Foreign Labor Cooperation and Service Platform

On the basis of Rushan Foreign Labor Service Center that Rushan Foreign Labor Cooperation and Service Platform was established in February, 2011. As the only legal authorized registration agency of foreign labor in Rushan, the Rushan Foreign Labor Cooperation and Service Platform involves some main businesses: it is responsible for organizing foreign labor companies to consult, register and train in an intensive way which is designated for those labor personnel planning to go abroad, conducting a follow-up service and management for the operation of above companies, dealing with complaints by labor workers, and coordinating and handling foreign labor dispute and emergencies.

The outbound investment of Rushan

  By the end of January, 2017, there has been 8 businesses investing overseas, 6 of them built their companies and 2 of them set up offices in the foreign country.

Ⅰ. Enterprises That Established Foreign Companies Overseas

1.Shandong Lijiu Special Motor Joint-Stock Co. Ltd.

It was incorporated in 2003, the registered address was No. 22 Shanhai Road, Rushan, the legal representative was Zhang Cheng, the registered capital was RMB17.8 million, and the existing total assets was RMB137.86 million with 450 employees. It is mainly engaged in the production of motor, motor controlling systems, transformers, motor parts and castings steel, sales, maintenance, general cargo. It also operates the export businesses of self-made products and technology as well as the import businesses as necessary machinery and equipment, spare parts, raw and auxiliary materials and technology, but excluding some commodities and technologies with the state limitation of operation or import and export prohibition.

The company "Leadgo Electric Motor Inc" was established in the way of sole investment approved the Shandong Department of Commerce in Houston, USA in November 12, 2015. The registered capital of the offshore company is USD300,000. and the principal is Pan Xiaochun. It is mainly engaged in sale and service of motor, motor controlling system, transformer and motor accessories, and import and export businesses of motor technology.

2.Rushan Longma Clothing Co.,Ltd

The company was incorporated in Rushan in 2003, the registered capital was RMB500,000, the existing total assets was RMB18.9 million, the staff was 680. It mainly runs in the field of processing and sale of clothing, sweaters, drawn work embroidery crafts, as well as sale and maintenance of sewing equipment, and the import and export of commodities and relevant technologies.

To further explore the global market, positively responding to the national policy “Going out” and making a full use of local investment conditions in Vietnam, it solely-invested Rushan Longma (Vietnam) Clothing Co., Ltd in Hanoi, Vietnam in 2014 whose English name was RUSHAN LONGMA (VIETNAM) CO., LTD.

The total investment of the project is USD2 million including USD100,000  registered money in ways of USD1 million cash settlement and USD1 million equipment capital. The total amount of investment is assumed by the RUSHAN LONGMA (VIETNAM) CO., LTD; there are 20 employees majoring in technology and management, among those, 10 are sent there domestically and another 10 are hired locally.

Affected by the “beating, smashing and looting” event in Vietnam in this year, the company failed to make a regular operation after registration, and carry out any other business, and it now planed to cancel the investment project in Vietnam.

3.Weihai Runde Food Co.,Ltd

The company was incorporated in 2011, the registered address was in Maojia Village, Rushankou Town, Rushan City, the legal representative was Sun Lufang, the registered capital was RMB2 million, the existing total assets was RMB10 million with 100 employees. Its main businesses involve in wholesale, primary processing and sale of aquatic products, fruits and vegetables, and agricultural products.

It solely-invested and set up the Youwei International Industry Co., Ltd in Seoul,Korea in June 24, 2013 approved by the Shandong Department of Commerce. Its registered capital was USD300,000 and the principal of the company was Sunguang and the operating period was 50 years. It chiefly runs in the wholesale, primary processing and sale businesses of aquatic products,fruit and vegetable, and agricultural products.

4.Weihai Shenggao International Trading Co.,Ltd

The company was incorporated in 2012, the registered address was in No. 9 Shenzhen Road, Rushan City, the legal representative was Chi Guanghuan, the registered capital was RMB500,000, the existing total investment was RMB2 million with 40 employees. It is chiefly engaged in the wholesale and retail businesses of building materials, mineral products, light textiles, clothes, shoes and hats, chemical products and fishing gears.

It solely-invested and established the “Shenggao International Co., Ltd” in Seattle, America in September 22, 2013 approved by the Shandong Department of Commerce, whose registered capital was USD50,000, the principal was Chi Guanghuan, the operating period was 50 years. Its main businesses were wholesale and sale of building materials, mineral products, light textiles, clothes, shoes and hats, chemical products and fishing gears. At present, it did not carry out any other related business and planned to write off the company.

5.Weihai Wujia Import and Export Co., Ltd

The company was incorporated in 2015, the registered address was in the Western Fuzhou Road, Rushan City, the legal representative was Li Wei, the registered capital was RMB1 million. It was chiefly engaged in the wholesale and retail businesses of bedding sets, kitchen textiles, drapery, kitchen utensils and cosmetics, as well as the import and export businesses of commodities and technologies for reference, excluding some national limitation of operation or banned import and export commodities and technologies.

It solely-invested and built the “Korean Wujia Joint-Stock Company”in Seoul, Korea in September 10, 2015 approved by the Shandong Department of Commerce. Its registered capital was USD100,000, the principal was Li Wei, and it mainly covered the import and export businesses of bedding sets and drapery.

6.Shandong Double Brake Material Joint-Stock Co., Ltd

The company was incorporated in 2001 and reformed as joint-stock company limited in 2014, the registered address was No. 8 Haicheng Street, Economic Development Zone, Rushan City, the legal representative was Jiang Tao, the registered capital was RMB30 million, and the existing total assets was RMB20,000 with 400 employees. Its main businesses are in the design, production and sale of the automotive brakes.

It sole-invested and established the “Double Brake American Co., Ltd” in Detroit, America in January 22, 2015 approved by the Shandong Department of Commerce, whose registered capital was USD1 million, and the principal of it was Jiang Jie. It chiefly sole the automotive brakes.

Ⅱ.Enterprises that Set Up Their Offices Overseas

1.Rushan Taiya Knitted Garment Co., Ltd

The company was incorporated in July, 2005, the registered address was in No. 58 Nanshan Road, downtown area of Rushan City, the legal representative was Gao Yongqiang, and the registered capital was RMB500,000. Its main businesses involve in the processing and sale of knitted goods, clothes, toys, crafts, woolen textiles, leather products and drapery.

It established the “the Korean Office of Rushan Taiya Knitted Garment Co., Ltd” in Seoul, Korea in May 31, 2012 approved by the Shandong Department of Commerce whose registered capital was USD50,000 and principal was Piao Xianying. It was chiefly engaged in non-operational services as information collection for the parent company, market development, customer contact and enterprise publicity. The company didn’t carry out any other relevant businesses and were planned to cancel.

2.Rushan Hongwei Food Co., Ltd

The company was incorporated in 2007, lied in No. 39 Shugang Road, the Economic Zone, Rushan City, the legal representative was Zhang Yongbo, the registered capital was RMB1 million, and the existing total assets was RMB20 million with 500 employees. It was mainly engaged in the production, processing and sale of aquatic products, and sale, seeding and raising of aquatic products; e-commerce information consultation, network technology service and online sale of agricultural and sideline and aquatic products.

It solely-invested and built the “Japanese Office of Rushan Hongwei Food Co., Ltd” in Tokyo, Japan in August 30, 2010 approved by the Shandong Department of Commerce, whose registered capital was USD50,000, the principal of that was Shanjun. It mainly included non-operational services as information collection for the parent company, market development, customer contact and enterprise publicity.

 

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