Green Land won Nanchong 500 million Yuan Green project today trading

NetEase Financial November 9 due to disclosure of major matters November 8 from the Green Earth announced today, November 5, the company and the Sichuan Province Nanchong housing and Urban and Rural Construction Bureau signed the letter of intent, Nanchong construction agreed to Xihua Sports Park, north New Town Road, East Lake Park,　　Jiangdong Avenue South section of the project as a whole package in accordance with the bidding procedures, by the company in BT Way to undertake the overall investment construction (if the winning bid), the project is expected to invest 500 million yuan.　　The investment return amount of the contract consists of the settlement profit of the project construction, the loan interest of the construction bank during the same period (the time contract of interest) and the investment rate of 9.5% of the total actual investment.　　The company said that the amount of the project is the company's annual operating income of 2009 1.01 times times, as four projects will be phased implementation of the project, if the bid is expected to the company's 2010 business performance impact is small, the 2011 and subsequent annual operating performance of the impact needs to be determined according to the actual situation. Green Earth today opened 9.83%, soon after the opening will be closed to limit trading volume amplification.