Established in August, 2005, Dongying Hisense Jinhan Property, Ltd. is a branch of Qingdao Hisense Real Estate, Ltd. in Dongying, to implement the development strategy in Shandong Province.
The registered capital is Renminbi 10,000,000 yuan and the major investor is Qingdao Hisense Real Estate, Ltd. From the beginning, we always adhere to the operating principal, the developing speed and the working style of the headquarter. At present there is one project on work in the east part of Xicheng, Dongying, which will be the location of the government of the new zone of Dongying in the future.
The developing area totals 110,000 square meters, and the project will be partly started in the latter half of 2005, and start to sell at the beginning of 2006. In our future development, Dongying Hisense Jinhan Property, Ltd. will, based on the powerful technological support, the experienced development, and the abundant fund of Hisense Property, gradually increase the land reservation, expand the developing area, improve the comprehensive strength, and form the developing pattern radiating from the center of Xicheng, Dongying.