General conditions of company
1. Company name: (Chinese)
江阴(无锡)富乐电子有限公司
2. Company name: (English)
Jiangyin(Wuxi) Fule Electronics Co.,Ltd.
3. Company address:
No. 161 Renmin Rd, Gushan Town, Jiangyin City, Jiangsu Province, China
4. Telephone number, fax number, contact
TEL:0510-688352005 Fax:0510-88352082 Direct line:0510-88765821

Contact: Kuai Jiaxin (General Manager)
5. Range of products
Transformer, DC reactor, inductor, PCB assembly
6. Date of establishment and operation
October, 2002
7. Property of company
Joint venture
8. Quality system
ISO 9001-2000
9. Capability of language: (English)
The capability of speaking, specification, daily communication (fax and informal letter) is good. 
 
Management
1. Organization of company (Please see the attachment for the details.)
2. Managerial staff, working experience:
The company has 30 managerial staffs (including R& D) with good working experience.

 Finance
1. Capital of company: RMB20 million yuan; floating capital: RMB10 million yuan
2. Bank
(1) RENMINBI
Bank of China, Gushan office account number: 23098708091001
(2) US Dollar
Bank of China, Jiangyin Branch account number: 23098708091014
3. Ratio of stock:
American party: 25%
Chinese party: 75%
4. Term of payment:
T/T, L/C, promissory note of bank
5. Acceptable currency:
RMB, US dollar
6. Terms of shipment
FOB, CIF, EXW
 
Purchasing of raw material
1. The sources of materials are Chinese domestic, Japan, Taiwan, US etc.
2. The lead time is 3-15 days.

Factory
1. Floor space: 32000 square meter
2. Building area: 7000 square meter
3. All personnel: 150

Labor
1. Total labor force of all departments: 150
2. Source of labor: China
3. Basic wage, bonus (worker’s): RMB2500-4000/month
4. Average individual technique level: good
5. Rate of replacement of staffs: 1%
6. Technical train: once a month
7. Lodgment and movement of worker:
40% of workers live in hostel of company and the rest are locals.

 Capability of production
1. Working days of every week and every month: 6 working days a week and off day is every Sunday.
2. Working time everyday: 8 hours
3. Monthly production capacity: 2.5million pcs/month
4. Spare capacity: 40%

 Delivery
1. Lead time of purchase order:
For ripe products, the lead-time will be 1-2 weeks.
As to he new products that need to make toolings, it will be 30-60 days as appropriate.
2. Capability of stock: 1 million pcs
3. Method of shipment:
Products can be shipped by air, sea, railway or EMS according to the requirements of customers.
4. The company can make delivery in Chinese domestic and abroad.
5. Method of placing orders: fax or email

Quality control
1. The service seniority of quality inspection engineer: graduate
2. Training and activity for quality inspection: 4 times a year
3. Quality management standard: ISO9001: 2000
4. Incoming quality inspection on raw material; in-process quality supervision and examination;patrol inspection and lot by lot inspection on finished products.
5. According to stipulation, safety test is performed, and product gets approved by safety standard as UL, CE, GS, TUV, CCEE, etc.
6. Quality feedback from customer:
The Sales Dept. will forward the sheet of quality feedback to Duality Management Dept. And the Quality Management Dept. will make close analyses and take corrective actions.

Technique
1. In our company, there is a group of technical personnel with talent in area of production,study and research, among which, there is 10 middle-level technicians with certain experience of practice and independent capability of development, and 30 elementary technicians with certain theory and working experience. All of them have accumulated rich experience on designing and developing various transformers and induct coils.
2. The company has its own Technical Department, which has the CAD, CAM design ability as well as the advanced test equipment including environment test and performance test.
3. The Technical Department has a complete designing system conforming to ISO9000 and ISO9001 standards.
4. The Technical Department periodically send the technicians to keep close contact with the customer's technical department and its related personnel in order to support the customer's whole design planning at all times and places.
5. With the cooperation of other department, the Technical Department pays close attention to the research and develop status of the same trade in the international market.
6. Fule Electronics will try to design the top-ranking , advanced and competitive products to completely satisfy our customers, therefore support the customer's products to achieve the leading position in the world.

Export license
1. The company can export the goods directly to any country and area.
2. The export license of the company is effective.
3. The main export port is Shanghai.