Billion city shares 400 million yuan to participate in the development of Tangshan land

Billion City shares (000616) January 13 Evening Notice that the company and Tangshan Douhe Qinglong River Management Committee, Tangshan Douhe Qinglong River Development and Construction Investment Co., Ltd. signed the Tangshan Ring River system Dacheng Mountain Zone Development Investment Cooperation Agreement, the company agreed to provide 400 million yuan of financial support, By the two River Management committee and the two River Investment company to the Tangshan city of Dacheng Mountain massif land level development and collation.　　It is reported that the project site is located in the northwest side of Tangshan Dacheng Mountain area, about 500 acres. The company said that if the following land "strokes hanging" in the successful acquisition of the project, will help the company's regional strategic development goals to achieve, create new profit growth point, enhance sustainable profitability.