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

Announcement 188bet sports betting app download display，The total investment of this project 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 project 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 project company dividends。The project will be implemented in phases，Develop and construct based on the principle of “rolling development”，Capital funds are provided by other shareholders of the project 188bet online sports betting company based on the project construction progress and financing needs，Gradually contribute in accordance with the shareholding ratio。Funds other than the actual capital invested in the project shall be raised by the project company as the financing entity through debt financing。