Home run more than Chairman: Tianjin, Austria, sales will exceed 1 billion

Today, home run more (002277. SZ) will formally take the first step of the trans-provincial development, at the same time, the company will officially renamed, from "Home run more Commercial Co., Ltd." changed to "Hunan Friendship Apollo Commercial Co., Ltd.", the company referred to as "home run More" changed to "Friends of the Shares", the securities code unchanged, still "002277".　　Hu Zijing, chairman of the company, predicts that the sales of commercial real estate in the Tianjin Binhai New area will exceed 1 billion yuan. Home run More said, the company's controlling shareholder of Hunan Friendship Apollo Co., Ltd. name changed more "Hunan Friendship Apollo Holding Co., Ltd.", home run has obtained the controlling shareholder on the "Friendship Apollo" business rights. Home run multiple name changes in the corresponding industrial and commercial approval and industrial and commercial change procedures have been completed on May 5, 2010, and replaced the new business license for enterprise.　　After the name changes, the scope of business is unchanged, "Hunan Friendship Apollo Commercial Co., Ltd." to take the original "home run More Commercial Co., Ltd." full rights and obligations. In the renaming of the same time, home run more began to go out of the provincial expansion of the first step.　　The company plans to invest in Tianjin Binhai New Area project, and to provide financial support for the project. It is understood that the Tianjin Binhai New area, the project plans the total investment amount of about 950 million yuan, the project total land space of 147,135 square meters, the nature of planning land for commercial and residential use, including commercial land about 112100 square meters, residential land of about 35,000 square meters. The project plan began construction in September 2010 and is expected to commence in March 2011. It is planned to complete the Austrian design plan by the end of 2010, completed at the end of 2011 and started to trial. Home run more (friend A shares) will account for the project 51% shares.