At the same time, the consideration will be paid by allotment and issuance of consideration shares. Consideration shares account for about 65,438+09.38% of the existing issued share capital of Ding Feng Group Holdings, and account for about 65,438+06.23% of the issued share capital of the Company after the rights issue and consideration shares issuance.
According to the data, Rong Sheng indirectly holds Jingning Waishe Guzhen Tourism Investment Development Co., Ltd., which holds two plots of land outside Jingning She Autonomous County, Zhejiang Province, with a total land area of173,900 square meters.
Two plots of land will be used for commercial development, and a real estate development project named "Fenghuang Ancient Town" is currently being built on this plot. The main part of the development project, including the ground waterproof construction and greening project, has been completed and is expected to be completed by the end of the second quarter of 20 19. Upon completion, the planned total construction area is about 3 1. 1.6 million square meters.
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