Mathew August
Calgary, AB (CAN)
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THN Investment China Ltd
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Startup
Location:
Calgary
Industry:
Government
Year Founded:
2008
Number Employees:
10-50 people
Description:
My direct contact information is at the bottom - The below points provide the details relating to the investment.
Below, I have summarized key points as to why we believe this is an excellent investment for you and for other potential investors.
1. It is patented technology (patents are registered for China), and we own the exclusive, world-wide rights to the use of these patents.
2. The production prototypes have been successfully tested and we have a minimum order of 3,600,000 units over the next 5 years.
3. The Chinese government has approved and mandated the system for placement throughout the country.
4. The Chinese government has initiated a stimulus package that is equivalent to 670 Billion Dollars USD. 40% of the total package will be spent on infrastructure projects, of which THN's initiatives qualify for.
5. Nanjing University is our research partner and we own all the improvements, enhancements and modifications to the patents that are developed in the future.
6. Our contract is perpetual.
7. Once installed, the meters must be retrofitted every 8 years.
8. Our investment has been contributed as a shareholder loan, so the original capital can be readily repatriated out of the country.
9. Our meter manufacturing company is registered as a Wholly Foreign Owned Enterprise, which allows us to move profits out of the country.
10. We have a favorable tax agreement, no tax in Years 1 & 2 and 50% of the applicable business tax in Years 3 to 5.
11. Our projections have been developed based only on the contract for the parking meters, as we have cost estimates and pricing in the contract. The company is profitable with only the parking meters in production. We have a second Letter of Agreement, subject to pricing and costing for a similar volume of electrical, gas and water meters for the City of (URL removed) Chinese partner indicates that the same margins will apply.
12. Subject to successful financing, we have the opportunity to participate in the central payment collection system for the utility and parking meters, in partnership with Silverlake Group, the Bank of China, and an international mobile banking (URL removed) further demonstrate the current world-wide interest in this industry, I have identified a few links for you, all of which pertain to digital utility metering systems.
Link # 1 China has begun a massive smart grid project that will transform how the country generates and uses energy. The power infrastructure will be brought into the digital age in ways that enhance efficiency and secure the entire power grid. (URL removed)
Mathew August
THN Investment China Ltd
Investment Rep
Calgary, Alberta, Canada
Office : (Phone # removed)(URL removed)
(URL removed)