Leather city on September 10th night announcement, the company and Shenzhen Jun Hao Real Estate Group Co., Ltd. on Xinjiang (Urumqi) Haining leather city project development, in September 10th in Haining City, Zhejiang province reached a letter of intent.

The above projects are located in the middle area of Urumqi City, Beijiao, Urumqi, autonomous region, county level city, the fifth floor of the five Gorges City, and the c-01-01 plot of the five commercial areas.

The project of "Jun Hao new town" was made in advance by the imperial house, with a total area of about 1 million 500 thousand square meters, with a total construction area of 3 million square meters, including 1 million square meters of commercial, apartment and kindergarten housing.

It is now planned to develop a single commercial building in its commercial part for the development of Xinjiang (Urumqi) Haining leather city project.

The scale of construction is 115 thousand square meters of commercial area on the ground and 20 thousand square meters underground parking lot.

The letter of intent is co sponsored by the company and the real estate company to set up a joint venture in Urumqi, Xinjiang or Urumqi Haining Leather City Co., Ltd., with a registered capital of 5 million yuan, 51% of the company's share and 49% of the imperial real estate.

Haining PI Cheng said that Urumqi is located in the hinterland of Eurasia, the hub of pportation in the north and south, and convenient pportation. It is an important gateway for the opening up of Western China and an important strategic city for the company to promote "extensive expansion".

The project market plan will be put into operation in the autumn of 2015. It is expected that the project will be positive for the company's performance from then on.

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