1. Caofeidian New Town Real Estate Project. The project is responsible for the construction of Tangshan Caofeidian Jiaxiang Real Estate Development Co., Ltd., a wholly-owned subsidiary of the company. At present, it has completed the development of the new city commercial office space and Qinglonghu commercial street project. This project is a combination of catering, shopping, leisure and entertainment. The comprehensive commercial development project has a total investment of 180 million yuan, an area of 49,000 square meters, and a construction area of about 35,000 square meters. At present, the project has sold about 8,000 square meters, leased about 9,000 square meters, and used it for about 3,000 square meters. 5500 square meters, about 10,000 square meters for sale.
2. Zuidong Real Estate Project. MCC Fangzhou Real Estate Development Co., Ltd. is responsible for the implementation, which is a real estate development company established by Caofeidian Holding Group Co., Ltd., MCC Times Real Estate Co., Ltd. and Tangshan Fangzhou Industrial Co., Ltd. at 33.5%, 33.5%, and 33%. At present, Zuidong shantytown renovation project and Zuidong Haixin Market project are mainly developed. The Zuidong shantytown project has a total investment of 320 million yuan and occupies an area of 117.75 acres. It has been built into Xinxiang District of Haixiang. The building and supporting facilities have a total construction area of 98,300 square meters. Among them, 18 new 6-story residential buildings and supporting public buildings are built. The residential area is 90,668 square meters, and the supporting public construction is 7,666 square meters. At the same time, supporting water, electricity and network projects are being built. At present, the project has been completed and has been put into use. The 14,000-square-meter construction of the first phase of the Zuidong Haixin Market Project has been completed and put into use, with a total investment of 60 million yuan.