On July 29th, CRED signed a contract for the investment management of the second phase of the Tai 'an Guanshanyue project, marking another significant achievement in the company's project management and development agency construction business.
On August 9th, The Paper learned from the Beijing Municipal Commission of Planning and Natural Resources that Beijing has released 8 pre-application announcements for commercial residential land, with a total land area of approximately 35 hectares and a total construction scale of about 670,000 square meters. The starting price of the land plots is 18.74 billion yuan.
On June 17, 2022, the third meeting of the 9th Board of Directors of the company deliberated and approved the "Proposal on Engaging a Lead Broker", agreeing to engage Southwest Securities Co., Ltd. as the lead broker and entrusting it to handle matters related to share transfer registration and settlement for the company.