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China Railway Construction: Winning the bid for the comprehensive development project of cultural 188bet Live Casino town in Xinjian District, Nanchang，Total investment is about 30 billion yuan

Author of this article: 188bet Live Casino 2021-01-06

Implemented using the “authorized cooperation + equity cooperation” model，The cooperation period is tentatively determined to be 10 years。

January 5，China Railway Construction announced，Recently，China Railway Construction Southeast Investment and Construction Co., Ltd., a subsidiary of the company, formed a consortium with other parties and won the bid for Jiuwang New City Area, Xinjian District, Nanchang、Cultural 188bet Live Casino Town (Xinfeng New Town Area) Comprehensive Development Project。

Announcement display，The total investment of this 188bet Live Casino is about 30 billion yuan，Implemented using the “authorized cooperation + equity cooperation” model，The return method is "investment cost + financial cost + construction management fee"，The cooperation period is tentatively determined to be 10 years。

The 188bet Live Casino capital ratio is 20%，Including registered capital of 100 million yuan，Nanchang Xinjian District Urban Construction Investment Development Co., Ltd. and the winning bidder contributed capital according to the equity ratio of 10%:90%，Nanchang Xinjian District Urban Construction Investment Development Co., Ltd. only contributes registered capital，its equity as special equity，Do not participate in 188bet Live Casino company dividends。The 188bet Live Casino will be implemented in phases，Develop and construct based on the principle of “rolling development”，Capital funds are provided by other shareholders of the 188bet Live Casino company based on the 188bet Live Casino construction progress and financing needs，Gradually contribute in accordance with the shareholding ratio。Funds other than the actual capital invested in the 188bet Live Casino shall be raised by the 188bet Live Casino company as the financing entity through debt financing。

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188bet Live Casino implemented in China Railway Construction