March 2006 / New Factory for Polyurethane Timing Belts

BUSINESS PROPOSAL FOR POLYURETHANE TIMING BELT

This proposal is made on the basis of fair equity and mutual benefit to develop business:
 

1. Points
The market for Polyurethane belt (both open and truly endless) is growing bigger and bigger, rubber products will be gradually replaced by PU products. China, as the biggest export country, is weak in the supply of the product PU belts. Technique is behind of the world level, products quality could not be guaranteed. In order to fill up the vacancy, H.I.T. is now planning to open a factory especially for PU belts. (Both truly endless and open PU timing belt, PU round and V belt is also considered.)
 

2. Object
Reach some level of the quality of foreign products while keep the most competitive price comparing with other Chinese supplier.
 

3. Our Advantages
A, Senior expert support and strong strength in introducing technologies overseas.
B, Years experience in the transmission belts factory.
C, Knowing well of the China market of material supply and latest market information.
D, Well financing ability and workshop ready.
E, Good relationship with the government.
 

4. Investigation
We’re now gathering your comments for our program and invite you to be part of us.
Please kindly help in answering the following questions:
Are you interested in PU belts and what are the types?
What is/will be the estimated purchasing quantity?
What do you use now and do you have the target price?
Do you have special technical requirement of the belt? Can you offer the technical data?
If no special requirement and the physical capability is the same, is connected open belt accepted as truly endless type?
Do you have the interest to be the shareholder of the new factory? Or any interest to establish a join-venture factory with your technique support, equipment suggestion, capital, etc. 
 

Any of your comments will help us a lot.
 

Yours confidentially, 
 

H.I.T. POWER TRANSMISSION LTD
March, 2006