The century star source intends to participate in the reconstruction of Shenzhen old village

Century star Source (000005) November 9 Evening announcement, the company and the Shenzhen Pinghu joint-stock company signed a letter of intent to reform the old village, on the Pinghu community Old village renovation project to reach a cooperative development intention, the project total area of about 150,000 square meters. According to the agreement, the company is responsible for the development of the old Village reconstruction project of Pinghu Community Capital investment in the whole process, and responsible for the old village demolition of the entire compensation, the partner is responsible for the development of the total profit of the joint 75:25 in the company, Pinghu shares distribution.