Central China Real Estate (00832) said it entered into a management entrustment contract for developing real estate project with a planned gross floor area of about 200,000 square metres for a period of 52 months.
The company was engaged by Jiyuan Zhongsheng Ziheng Real Estate Development Limited for developing, operating and managing the real estate project established on a parcel of land in the east of Shengchan Road, the west of Yangshao Road and the north of Longyuan Road, Wuzhi Xian, Jiaozuo City, Henan Province of the People's Republic of China, which Central China would charge royalty fee and performance fee in return.