Tian Bao infrastructure cooperation development Ninghe County Bridge North New Zone

Tian Bao Infrastructure (000965) notice, Tianjin Ninghe County Government to designate the investment subject and the company jointly registered to set up the project company, as the Ninghe County Bridge North New Area project investment and financing construction body, responsible for project investment and financing and project implementation work.　　Ninghe County Government and company contribution ratio is 1:99, the project company's profit distribution ratio is 2:8. The announcement shows that according to the Tianjin Municipal People's government approved January 2009 "Ninghe County Urban and rural master plan", clear Ninghe County Bridge North New Area construction is Ninghe County New Town construction important constituent. Ninghe County Bridge is one of the pilot units approved by the Municipal People's government for the second demonstration small town construction.　　The project is located in Ninghe County Qiangtai Bridge North New District, planning covers an area of about 750 hectares, the actual area of land and resources and the Housing Authority approved surveying and mapping units measured data. The Company believes that the company currently mainly engaged in real estate development business, the first level of land consolidation and development for the new business areas, will become the company's new profit growth. As this agreement is a strategic agreement, the project will be launched after the implementation of the agreement, so the company's financial situation, operating results do not have an impact.