... price that meets or exceeds their expectation. Finance Automobile Accessories will be profitable from month one. Margins are forecasted to be at over 31%. Year one sales will reach ¥7,000,000, and the growth rate for the first 3 year will be forecasted as 200%. The gross profit will reach ¥2,200,000, the growth rate for first 3 years will also be forecasted as 200%. The net profit will be ¥1,120,000, the growth rate for first 3 years will be over 210%. 2.0 Company Summary AutoMobile Accessories is a new retailing company, which upon commencement of operations will offer the private car owners with quality, affordable automobile accessory products and relative services. 2.1 Company Ownership AutoMobile Accessories is a China private limited company, owned entirely by its founders, Chao Jiang and Ke Kang. Each will have 50% shares of the company capital. 2.2 Start-up Summary Our start-up capital is ¥2,000,000 (equal to £133,400 at the exchange rate of ¥15/£). ...

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