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    Phase II of Sports Center of Qingdao Conson Jiushi Properties Co., Ltd.

    I Name of the project
    Phase II of Sports Center of Qingdao Conson Jiushi Properties Co., Ltd.
    II Introduction to the project unit
    Qingdao Conson Jiushi Properties Co., Ltd. was founded in 2014 with registered capital being 8.03 million USD. Main business scope of the company includes development of first-level land; real estate development; house selling and renting; operation management of stadiums, undertaking of competition; and import and export trade of techniques and goods. At present, the company mainly develops phase II of sports center.
    III Project content and scale of the construction
    Phase II plans to use existing land of Qingdao Sports Center to build Qingdao sports culture communication center, tennis training center, fitness exercise square, auxiliary training ground of the stadium (air-raid shelters) and comprehensive transportation reconstruction of the sports center. The project aims at perfecting functional supporting facilities and balancing project construction by moderate business development of the sports culture communication center. The sports culture communication center and the tennis training center occupy a land area of 140 mu, and the total building area is about 300,000 square meters.
    IV Construction conditions of the project
    The auxiliary training ground has been provided with construction conditions; the sports culture communication center, the tennis training center and the fitness exercise square are under the planning and design stage.
    V Total investment of the project
    $ 780.47 million
    VI Market and economic benefit analysis and forecast
    The phase II of the sports center will balance the construction fund for public centers by the business development of the sports culture communication center. The project is expected to achieve sales income in amount of 618.44 million USD.
    VII Ways of cooperation
    Capital and share increase, cooperative development, proportion of equity cooperation shall not exceed 49%, and amount of equity cooperation is about 0.12 billion USD.
    VIII Contact information
    Contac Address: F/9, Hall 5, Qingdao International Convention and Exhibition Center, No. 9 Miaoling Road, Laoshan District, Qingdao
    Contac Person: Feng Yue
    Post code: 266061

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