Chongqing Dachuan International Building Materials Town (Phase I)

In March 2010, Chongqing Dachuan Group Investment Co., Ltd signed the agreement to locate Chongqing Dachuan International Building Materials Town Phase I in Chongqing Western Logistics Park.

With a total land area of 604.4 mu (402,953 square meters), this project has a planned investment of CNY 1.5 billion. The designed floor area is 450,000 square meters mainly for stone trading market and base material trading market, as well as supporting commercial facilities.

After completion of the project, it will take the functions of development, sales, rental and property management in relation to home furnishing and building materials market. It is estimated that the annual output value will reach CNY 15,000 million, the annual tax payment will reach CNY 300, and the project will add 8,000 job vacancies.

The construction of the project commenced in September 2010 and was completed and put into trial operation in 2013. The investment in fixed assets totaled CNY 1.8 billion. The project creates annual output value of CNY 1.5 billion, tax payment of CNY 8 million every year, and offers 400 job vacancies.