Shanghai Jiulongshan Co., Ltd. recently paid attention to some media reports on the company's Jiulongshan project. After research, the company believes that some contents are inappropriate, and hereby clarifies the announcement as follows:
1. Zhejiang Jiulongshan International Golf Club Co., Ltd., Jiulongshan Yacht Club (Pinghu) Co., Ltd., Zhejiang Jiulongshan Development Co., Ltd. and Jiulongshan Jockey Club (Pinghu) Co., Ltd. are all limited companies established according to law and are currently operating normally.
2. Jiulong Mountain Yacht Club (Pinghu) Co., Ltd. is a legally established limited company, which was established on May 8, 2006. Scope: Providing services for yacht races. Providing services for yacht races. Provide services for yacht races. It is running normally at present.
Zhejiang Jiulongshan Development Co., Ltd. is a legally established limited company, which was established on September 9, 2002. Scope of business: development and operation of ordinary commercial housing, landscaping,
Ecotourism development. It is running normally at present.
4. Kowloon Hill Jockey Club (Pinghu) Co., Ltd. is a legally established limited company, which was established on May 26, 2006. Scope: Riding sports and entertainment services, horse breeding. It is running normally at present.
5. The land acquired by the company has been auctioned in pinghu city Bidding Center according to law, and the land use certificates of People's Republic of China (PRC) and China have been completed. Land use is residential, tourist and commercial.
6. The development of the Jiulongshan project is carried out in strict accordance with the Reply of the People's Government of Zhejiang Province on the Master Plan of the Jiulongshan Tourism Resort in Zhejiang Province, and it is progressing smoothly at present.