STCN Interpretation: *st state Business scheduled the opening of the Court Plaza

The most concerned about the Royal Court Plaza public part of the renovation is almost over, *st (000056) 23rd evening issued a notice said, in 2013 years after the shop decoration reached a certain proportion after the opening, and the construction party signed a second supplementary agreement. The announcement shows that as of mid-September 2013, the Royal Court Plaza Project Renovation Progress is: All completed B-layer, LG layer, G-layer and M-level public part of the renovation and has been transferred to the company management.　　South Square finished 100%, the East Sink Square completes 100%, the West sinks the square completes the 98%,SL layer decoration completes 98%, the outer façade completes 100%. The renovation project has not yet completed, the public decoration part of the SL layer of the inner Street scaffolding has not been demolished, resulting in the partial ground unfinished.　　*st said that according to the "Supplementary Agreement II" will be signed to promote the progress of the project, the royal court is expected to decorate the plaza in the year after the opening of a certain proportion of the shop. In fact, the *ST 2013.5 Annual report has been disclosed, the Royal Court Plaza public part of the finishing works near the end, is expected to be completed in August 2013.　　As of mid-August 2013, completed the most of the SL layer of the public parts of the fine decoration work, the façade, the east and South Square project has been basically completed, is actively promoting landscape engineering landscaping, West Square project and so on. The reporter noted, *st state Business said, the Royal Court Plaza merchants can determine the area accounted for 78.34%, compared to one months ago increased by 0.5%. The announcement today shows that in terms of the progress of the leasing of commercial tenants, including contracts, letters of intent and negotiations to complete the pending agreement, the total size of the merchant square can be determined to be 78.34% of the area of the leased area.　　In addition, the shop has been 76 shops, with a total construction area of 23,600 square meters, and has already handled the decoration formalities of the shop for 23. However, many investors were dissatisfied with the progress of the project and questioned the *st on the interactive platform of the Shenzhen Stock Exchange. Some investors asked, "The Emperor Court Square under the leadership of the Board of directors decorated 3 years a total of 1095 days, to today still dare not talk about the completion of decoration, still do not dare to set a clear opening date." "Huang Ting Square is of great significance to *st." *st 2013.5 Annual report shows that the royal Court Square as the core project, is the company's main core competitiveness.　　Only from the geographical point of view, the Royal Court Plaza is located in Shenzhen CBD, adjacent to the exhibition center, high-end office buildings and five-star luxury hotels, traffic is very convenient. In addition, the *st 23rd announcement, September 22 convened the Board of directors, signed the "Royal Court Plaza Project General contracting project settlement price and other issues supplementary agreement two" motion.　　Supplementary Agreement II revealed that *ST is still less than 320 million yuan project price, at the same time clear the project completion, acceptance and transfer of the agreement. The agreement shows that, first, before September 25, the Royal Court Square SL-level project completed, and handed over to *st, and the floor of the construction side of the warehouse and other related temporary facilities also need to be removed before the handover, clean up appearances; Secondly, within 30 days from the date of the signing of the supplementary Agreement, the project contents within the contract scope of party B of the V layer shall be completed and handed over to *st. (Securities Times News Center)