Project Control

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Wuhan Property Project Control right

New World China announces, with Wuhan partner Hankou Fishery Agreement, Hankou Fishery agreed to waive the right to charge future profits to the new Wuhan Han, and to hand over the management control and participation rights of Wuhan New Han to the new China, at the cost of allocating 91.8 million RMB (about HK $104 million) to the profit of the new Han in Wuhan. Wuhan New Han is mainly engaged in the development of Wuhan Jiang ' an lake in the property project, the new middle finger transaction can make it obtain the overall management control of the project.

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