Leading Enterprise In Haining To Spend 660 Million To Build China Leather City

April 28th hearing to further consolidate Haining Leather city has a leading position in the whole country to better serve the leather industry in Haining, Haining China. The city of leather Limited by Share Ltd plans to develop and build the five phase project of Haining China Leather City. The total investment of the project amounted to 660 million yuan, of which 169 million yuan came from the company's first raised funds and the remaining part was the company's own funds.

According to the company's announcement, new market It will be located on the north side of Haizhou Road, the east side of Guang Shun Road, and the west side of the Sha Jing port. It will be opposite to the first phase and the two stage market of the leather city, and will be linked to the four fur square plot. The total area of the project is 56 thousand and 900 square meters, with a total construction area of about 180 thousand square meters, including two parts of commercial and hotel apartments. Among them, the commercial area is about 130 thousand square meters, and the commercial housing will be developed into a brand leather life hall. The hotel apartment area is about 2.8 square meters, and the supporting basement area is about 22 thousand and 600 square meters. The construction period is expected to be 24 months.

It is understood that after the five phase of the market put into operation, the market area of Haining leather city's shopping malls will increase by nearly 50%, thus further improving the carrying capacity of the leather market and easing the current situation of Haining's leather city. At the same time, it will guide the leather enterprises to take the product serialization road in the form of brand life hall, promote the leather industry upgrading, and attract more well-known leather enterprises to enter Haining, so as to further enhance the influence and appeal of the company in leather industry, and ensure the implementation of the strategy of epitaxial development within the company.

At present, the construction bill has been examined and approved by the board of directors of the company.