Rong an real estate 860 million Yuan Taizhou take land

Rong an real estate (000517) bulletin, the company's holding subsidiary Ningbo Kang Yuan Real Estate Development Co., Ltd. on November 10 in the Taizhou Land and Resources Bureau held the right to use the state-owned construction land use rights listed to sell activities, to 862 million yuan in the price of Taizhou Avenue East, the city of the north side of the state- According to the company, the project is located in Jiaojiang district of Zhejiang Taizhou (city seat), land west of Taizhou Avenue, south of the city Road and Taizhou Higher Education Park is near, north to the Square West Road, the east as the normative road. The land area of 71,293 square meters, land use for urban residential use, planning building density 30%, Volume rate >1.0 2.2, green space rate of 30%.　　The lease period of land use is for residential use 70, commercial use of 40. The announcement said, according to the company December 28, 2009 held in 2009, the third provisional general Meeting of shareholders authorized, "the company and the company's holding subsidiaries of the auction object of the transaction amount of more than the most recent audit net assets of more than 30% of the land bid or bidding, authorized to participate in land bidding or bid activities, After the successful auction, the board of Directors, shareholders ' meeting for consideration and approval. "In view of this time, Ningbo Kang Yuan Real Estate Development Co., Ltd. bid the object of the transaction amount reached the company's most recent audit net assets of 51.96%, therefore, the above matters will also be submitted to the company's board of Directors, shareholders meeting for consideration and approval."