I. Project name: Vortex compressors for automobile air conditioners

II. Project to be undertaken by: Nanjing Edi Compressor Co., Ltd.

III. Briefs of project undertaker:

Nanjing Edi Compressor Co., Ltd. was registered in March 2003, with registered capital of 2.86 million yuan. The value of this technology was assessed as 29.6 million yuan in 2000.

IV. Main content of project:

Vortex compressors for automobile air conditioners are the most advanced compressors for automobile air conditioners in the world today, and now only very few manufacturers in the world can make this product in large numbers. This project is sized to produce 100,000 ~ 200,000 vortex compressors for automobile air conditioners.

V. Expected total investment and expected economic gains of project:

1. Total investment of project: 82.6 million yuan

2. Construction period of project: 1.5 years

3. Expected investment recovery period: 3.5 years

Annual sales income 148 million yuan, including annual profit 40.32 million yuan.

VI. Preliminary suggestion on cooperation and project progress:

1. Suggestion on cooperation: joint venture operation, with the local partner providing technology and part of equipment, and the incoming partner providing capital.

2. Initial period work progress and present status: production in small batches now.

VII. Contact:

Address: Nanjing Edi Compressor Co., Ltd., Pioneering Center, 58 Hubing Road, Jiangning Development Zone, Nanjing

Zip: 211100

Contact person: You Shaozheng and Pang Jun

Telephone: 86-25-52103784, 86-25-52108310