On January 29, Chang Development (873943) recently announced that based on business development and business needs, Beijing Chang Development Industrial Operation and Management Co., Ltd. (hereinafter referred to as "Chang Development" and "the Company") intends to sign a lease contract with Beijing Changping Affordable Housing Construction Investment Management Co., Ltd. (hereinafter referred to as "Affordable Housing Company"), and promote the overall renovation of the project in accordance with the business plan.
The construction area of the G8 project is 7222767 (including underground, subject to the actual surveying and mapping area, the same below), of which the above-ground area is 6655754, underground area 567013, by Building 25 (construction area 25812.)Building No. 77 square meters (construction area 20,715.)Building No. 79 square meters (construction area 25,699.)11 square meters) consists of three buildings. Based on the overall industrial positioning of the Tiantong Science and Technology Park project, G8 plans to develop in tandem with G2 carriers, focusing on Internet + medical care, Internet + consumption, and AI + culture, extending key industries and subdivided industries, and improving the regional industrial ecology.
After signing the G8 lease agreement of Tiantong Zhongyuan with Beijing Changping Affordable Housing Construction Investment Management Co., Ltd., Beijing Changping Development Industry Operation and Management Co., Ltd., it is planned to start the renovation and renovation of the G8 project, with a total investment amount of 20,393180,000 yuan, self-raised funds for investment and transformation. This transaction does not constitute a connected transaction.
This project belongs to the necessary facilities and supporting transformation of the company's operating market, which is in line with the company's long-term development strategy and is conducive to the company's long-term stable operation and development.
According to the data of digbei.com, the main products and services of Chang Development include housing leasing, property management, and industrial operation services; The operating projects include Singularity Center, Xinyuan Science and Technology Park, Yunzhi Center, Yunji Center, etc.