Chapter 1: Project General Introduction
The General Introduction, as the first chapter of the feasibility study report, is to comprehensively describe the main issues and conclusions of the chapters of the study, and to make a final recommendation on the feasibility of the project to facilitate the approval of the feasibility study. General chapter can be prepared according to the specific conditions of the project, with reference to the following.
?1.1 Project Background
?1.1.1 Project Name
The full name of the enterprise or project should be the same as the name listed in the project proposal.
?1.1.2 Project contractor
The contractor refers to the unit responsible for the project preparatory work (or construction unit), the full name of the unit and the general director should be indicated.
?1.1.3 Project authority
Note the competent authority to which the project belongs. Or the name of the group or company to which it belongs. Sino-foreign joint venture projects should indicate the department to which the investing parties belong. Group or company name, address and the name and nationality of the legal representative.
?1.1.4 Project proposed area, location
?1.1.5 Undertake feasibility studies of units and legal representatives
If a number of units collaborate to undertake feasibility studies of the project, should indicate the name of the unit and its responsible for the name of the project, the overall responsible unit and responsible person. Such as feasibility studies with foreign consulting organizations to cooperate in the project, the research work should be undertaken by the Chinese and foreign parties in the name of the unit, the legal representative, as well as the undertaking of the project, the division of labor and collaborative relationship, respectively.
?1.1.6 Basis of the study
In the feasibility study as the basis for the regulations, documents, information, to list the name, source, date of publication. And the necessary part of the full text is attached as an annex to the feasibility study report, these regulations, documents, information can be broadly divided into four parts:
(1) the competent authorities of the project on the construction requirements of the project issued by the directive documents; the project contractor or feasibility study unit of the approval of the report of the request for documents.
(2) The feasibility study has been formed before the start of the work results and documents.
(3) National and proposed area of industrial construction policies, decrees and regulations.
(4) According to the project need to investigate and collect the design of basic information.
?1.1.7 Overview of the research work
(1) Necessity of the project construction. Briefly explain the status of the project in the industry, whether the project is in line with national industrial policy, technology policy, productivity layout requirements; the reasons for the proposed construction of the project and the importance of the project.
(2) project development and feasibility study concept. Describe the project and the progress of the feasibility study overview, including the preferred principles of technical solutions, principles and results of site selection, the writing of the environmental impact report, the preparation and progress of foreign-related work, etc., require a brief description of each.
English report format ? Conference report format ? Reading report format ? Work report format
?1.2 Feasibility study conclusions
In the feasibility study, the project's product sales, supply of raw materials, scale of production, plant site technology programs, total funding and financing, the project's financial benefits and national economy, social benefits and other major issues, should be a clear conclusion, this section will need to be the relevant chapter of the conclusions of the study to make a brief description, and to propose the Final conclusions.
?1.2.1 Market forecast and project scale
(1) Brief analysis of market demand.
(2) Planned sales volume and sales direction.
(3) Product pricing and sales revenue forecast.
(4) The proposed scale of the project (including the scale of phased construction).
(5) Main products and by-products varieties and production.
?1.2.2 Supply of raw materials, fuel and power
(1) Quantity, specification, quality and source of major raw materials, fuel, major auxiliary materials, and power to be used after the commissioning of the project.
(2) The names, specifications, requirements and sources of major industrial products and semi-finished products.
(3) Name, specification, annual consumption, source and necessity of imported raw materials and industrial products.
?1.2.3 Plant site
Geographic location, area and necessity
Water source and water intake conditions.
Wastewater, waste discharge and disposal conditions.
?1.2.4 Project engineering and technical program
(1) Project scope, i.e., the content of the main production facilities, auxiliary facilities, public works and living facilities.
(2) Production methods and process technology adopted.
(3) the source of the main equipment, such as the need to introduce to foreign countries, a brief description of the introduction of the country, technical characteristics, models and so on.
?1.2.5 Environmental protection
Types and quantities of pollutants discharged, and whether they meet the national emission standards.
Main treatment facilities and investment.
?1.2.6 Factory organization and labor force
Factory organization and labor system.
The total staff of the plant and the need for various types of personnel.
Sources of labor.
?1.2.7 Progress of project construction
?1.2.8 Investment estimation and financing
(1) Total investment required for the project. Separately state the total investment in fixed assets required for the project (including investment direction adjustment tax, interest during the construction period), the total amount of working capital, and list them separately by RMB and foreign currencies.
(2) sources of funds. Loan amount, loan interest rate, repayment terms. Joint venture projects should be listed separately in the Chinese and foreign parties to the amount of investment, investment mode and direction of investment.
?1.2.9 Project financial and economic comments
(1) Total project cost, unit cost.
(2) Total project revenue, including sales revenue and other revenue.
(3) Financial internal rate of return, financial net present value, payback period, loan repayment period, break-even point and other indicators calculated.
(4) economic internal rate of return, economic net present value, economic exchange (savings) costs and other indicators.
?1.2.10 Conclusion of the comprehensive evaluation of the project
?1.3 Table of main technical and economic indicators
In the general chapter, the main technical and economic indicators in the various chapters of the study can be summarized, listed in the table of main technical and economic indicators, so that the approval and decision makers have a comprehensive understanding of the full picture of the project.
The main technical indicators according to the project is different, generally include: production scale, annual production, the total number of employees, the total number of plants, the main raw materials, fuels, power and consumption of the annual quota, the plant's comprehensive energy consumption and unit of comprehensive energy consumption of the product, the total area of the plant, the full labor productivity, the total annual cost, the cost of the unit of the product, the total annual output value, the annual total profit and tax, the financial internal rate of return, the repayment period, the economic internal rate of return, the borrowing period, the economic internal rate of return. repayment period, economic internal rate of return, payback period and so on.
?1.4 Existing problems and recommendations
The main problems of the project proposed in the feasibility study and put forward proposals to solve them.
Chapter 2: Background and development of the project
This part should explain the initiation process of the project, the reasons for the proposed, the development process of the preliminary work, the intention of the investor, the necessity of investment and other bases of the work of the feasibility study. To this end, the background and development of the project needs to be put forward for a systematic description. Describe the background of the project, the reasons for investment, the work that has been carried out before the feasibility study and its results, important issues of decision-making and decision-making process. While describing the development of the project overview, should be able to clearly indicate the focus of the feasibility study of the project and the problem.
?2.1 Background of the project proposal
?2.1.1 National or industry development plan
Describe the relevant national industrial policy, technology policy, and analyze whether the project meets these macroeconomic requirements.
?2.1.2 Project sponsors and reasons for initiation
(1) Write the full name of the project sponsoring unit or sponsor. If the project is a Sino-foreign joint venture, the details of the legal representatives of the parties, the country of registration, address, etc. should be listed separately.
(2) put forward the reasons for the project and investment intentions, such as resource-rich, product market prospects, export for foreign exchange, preferential policies that can be obtained for such products, the use of existing infrastructure.
?2.2 Project Development Overview
Project development mining refers to the project in the feasibility study of the work carried out before the situation. Such as: investigation and research, pilot test, project proposal (preliminary feasibility study) writing and approval process, the preliminary selection of plant site work and other important matters in the preparatory work.
?2.2.1 The investigation and research projects have been conducted and their results
1, resource surveys, including raw materials, water resources, energy and secondary energy surveys.
2, market research, including national and regional market situation survey; export products international market supply and demand trend survey.
3, social utilities survey, including transportation conditions, utility power supply, life and welfare facilities.
4, the proposed area of the investigation of the current state of the environment, including the proposed area of various major sources of pollution and its emissions, the atmosphere, water, soil and other current environmental quality conditions. Description of the current state of the environment to obtain information on the way, provide units, as well as the local environmental management department's views and requirements, the current state of the environment and the name of the document.
?2.2.2 Experimental trial production work (project)
Completed and ongoing experimental trial production work (project) name, content and test results. These experiments include the test of construction materials, the test of new technology to be adopted. The use of new technologies must be recognized by the relevant state departments to prove.
?2.2.3 Site preliminary survey and preliminary measurement
(1) the various options for the construction of the region and the location of the site of the preliminary survey, measurement, selection and other work.
(2) Preliminary selection of views and information.
(3) Legacy issues.
?2.2.4 Writing, Presentation and Approval Process of Project Proposal (Preliminary Feasibility Study Report)
(1) Writing, Presentation and Approval Process of Project Proposal (Preliminary Feasibility Study Report).
(2) Name of the information attached to the project proposal.
(3) Approval document symbol and its main points.
?2.3 Necessity of investment
Generally from the economic benefits obtained by the enterprise itself and the impact of the project on the macro-economy, the social development of the two aspects of the necessity of investment. Including the following elements.
(1) the profitability of the enterprise.
(2) The enterprise can improve the quality of products and strengthen the competitiveness of the market.
(3) Expansion of production capacity and change of product mix.
(4) Adopt new processes, save energy, reduce environmental pollution, and improve labor productivity.
(5) Superior conditions and competitiveness of products to enter the international market.
(6) Positive impact on local economic and social development. Including increased tax revenues, increased employment, improved science and technology, and so on.
Chapter III Market Analysis and Construction Scale
The important position of market analysis in the feasibility study is that any project, the determination of its scale of production, the choice of technology, investment estimates and even the choice of plant location, must be fully understood in the market demand situation can be resolved, and the results of the market analysis, can also be determined. The results of market analysis can also determine the price of the product, sales revenue, and ultimately affect the profitability and feasibility of the project. In the feasibility study report, to elaborate on the market demand forecast, price analysis, and determine the construction scale.
?3.1 Market Research
?3.1.1 The proposed project outputs use survey
The main purpose of the product, can there be a substitute for other products, if the product is the basic raw materials for industry, should be separately described in the project products in the main use of the use of the industry and the unit consumption.
Discussion of the economic life cycle of the product. Investigation of the product is currently in the economic life cycle of which stage, the possible time of renewal.
?3.1.2 Product Existing Production Capacity Survey
(1) The total domestic existing production capacity of the project product, the existing production capacity start rate; the utilization rate of the production capacity of major manufacturers.
(2) The total domestic existing living capacity in the region of the distribution of the number and proportion.
(3) The production capacity of the product currently under construction projects and their distribution among regions, the number and proportion.
(4) The production capacity of the approved proposed construction projects, the expected year and month of commissioning.
In the construction projects and approved to start construction projects, although not currently formed a comprehensive production capacity, but is an integral part of the production capacity.
?3.1.3 Survey of product output and sales volume
(1) The total amount of current national or regional output.
(2) Changes in production of the product over time.
(3) the product's domestic retention and the relevant foreign countries to analyze and compare the retention, in order to understand the domestic retention is more or less, indicating the degree of satisfaction of the market demand for this product.
(4) the product for a period of time since the import volume and import sources, mainly from which countries or regions; accounted for the proportion of domestic production or sales; the price of imported products.
(5) the product over a period of time since the export volume and export destination, accounting for the proportion of domestic production; mainly exported to which countries or regions, the price of export products.
?3.1.4 Alternative products survey
(1) can replace the product performance, quality and the product compared to the advantages and disadvantages.
(2) The domestic production capacity of alternative products, production; the proportion of alternative uses; price analysis.
(3) The possibility of importing alternative products and prices.
?3.1.5 Product price survey
(1) The pricing management of the product, whether the price is controlled by the state, or by the market pricing.
(2) Product sales price, price change trend, the highest price and the lowest price appeared time, reason.
?3.1.6 Foreign market research
(1) The main production countries and regions of the product foreign.
(2) The production technology, production capacity, sales volume of the main production plants abroad.
(3) product sales prices in the international market and its trend
(4) China's imports of the product's main importing country's production capacity and trends.
?3.2 Market Forecast
Market forecast is the continuation of market research in time and space business, is the use of market research information, according to the conclusion of the analysis report of the market information, the future market demand for the products of the project and the relevant factors of the quantitative and qualitative judgment and analysis. In the feasibility study, the conclusion of the market forecast is to develop product programs, determine the scale of project construction must be based on.
?3.2.1 Domestic market demand forecast
Feasibility study work, the following factors related to market forecast should be explained:
(1) The object of consumption of the product.
(2) The consumption conditions of the product. Consumption conditions vary depending on the characteristics of the product performance, such as automobile consumption needs to have the corresponding road traffic conditions; TV, refrigerator consumption needs to have electricity and so on. Predicting the market demand for a product, which should not have the consumption conditions of the consumer field from the total number of consumer objects removed.
(3) The characteristics of the renewal cycle of this product, indicating the length of the effective economic life of this product.
(4) Possible alternatives, i.e. substitutes.
(5) New uses that may arise from the use of the product. The emergence of the use of the product implies the expansion of the field of consumption of this product and the expansion of the market demand capacity.
Based on the above analysis, the predicted domestic demand for this product and the gap with the existing production capacity are presented.
?3.2.2 Product export or import substitution analysis
(1) Substitution of import analysis. Compare this product with the current imported products from the performance, weight, price, accessories, maintenance, etc., to illustrate the advantages and favorable conditions of this product.
(2) export feasibility analysis. If the products of the proposed project in terms of quality and technology, etc., with the ability to compete in the international market, the foreign market demand for this product should be considered.
Analysis of national export restrictions or incentives for this product, the product of the importing country's trade policy, the export flow of the product, whether the export price is favorable.
Through the above analysis, predict the possible alternative imports or exports of the project's products.
?3.2.3 Price Forecast
Product price forecasts, taking into account product output, quality, the current price level of similar products, but also to analyze the international and domestic market price trends, changes in the country's pricing policy, changes in supply and demand for the product of the whole society and other factors; products to reduce the cost of production measures and the possibility of expanding the market need to be used in the pricing strategy, etc., a combination of the above factors, forecasting the possible sales of the product. The above factors, predict the possible sales price of the product.