China Happiness Bazhouy Project development area increased 438 million competition 11 plots

Securities Times Network (www.stcn.com) September 23 News of Chinese Happiness (600340) September 23 Evening Bulletin, the company and the Bazhouy government on the overall cooperation in the development of construction and management Bazhouy agreed to the area of the matter signed a supplementary agreement. Financial profit Po, the current savings rate increase 1000% Supplementary agreement, in addition to the agreement agreed to the 14 square kilometers of the original commitment area, Bazhouy government will Hebei province Bazhouy Victory Road north of the agreed area into the commissioned area, and the Victory Road north of the overall development of the area and the Chinese happiness cooperation, The area has a total area of about 5.6 square kilometers (8420 mu); Another hot spring characteristics small town Bei District North region (527.1 Mu) into the original hot spring characteristics of small town North (3593.4 Mu) commissioned range, and the hot spring characteristics of small town Bei District North region of the overall development of the whole of the matter with the Chinese Among them, the north area of Shengli Road can be sold to the land of the construction of the ground rate should not be less than 60%, can be sold to the construction land in the proportion of residential development should be no less than 80%, the rest for commercial development of land, the north area of 527.1 acres all for residential development land. In addition, the Chinese Happiness Bulletin, recently, the company's 4 wholly-owned subsidiaries in the Huailai County public Resources Trading Center and the Dachang Hui Autonomous Land and Resources Bureau held the state-owned construction land use right to sell the rights of a total of 11 lands, and signed the "Deal confirmation", The total land area of the deal amounted to 248,400 square meters, the total price of 438 million yuan.