Dashang Group announced that its wholly-owned subsidiary Dashang City Paradise plans to sign a general construction contracting agreement for the Dalian Donggang Paradise project with China Construction Third Engineering Bureau Group. The contract price is approximately 786 million yuan, including a 9% value-added tax rate. Funding will come from self-raised capital, and the contract duration is 731 calendar days. The company stated that this signing will help advance the project as planned, will not affect the normal operation of its main business, and will not have a significant impact on its financial condition or operating results.
Dashang Co LtdWholly-owned subsidiary signs a ~786 million yuan construction contract for the Dalian Donggang Paradise project, advancing the project as planned.
