DIT Group Limited (0726.HK)

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Zhuyou Intelligent Manufacturing Technology (00726) Hunan Xiangxi and Shijiazhuang Franchise Projects Successfully Reclaimed Land.

source
https://finance.sina.com.cn/stock/hkstock/ggscyd/2021-07-28/doc-ikqciyzk8181691.shtml

At 20:54 on July 28, 2021 Zhitong Financial Network

Zhuyou Intelligent Manufacturing Technology (00726) announced that the two major franchisees of the group have successfully landed in July 2021. The Xiangxi Green Building Science and Technology Park franchise project successfully acquired 100 acres of land located in the Eco-Industrial Park in the West District of Xiangxi High-tech Zone, Hunan Province, China. The Shijiazhuang Ruimin Huizhu Science and Technology Park franchise project was successfully acquired in Gaocheng Economic Development Zone, Shijiazhuang City, Hebei Province, China 80 acres of land.

Zhuyou Xiangxi Green Building Technology Park is located in the ecological industrial park in the west of Xiangxi High-tech Zone, Hunan Province, China. It is a franchise project between the group and Xiangxi Dingsheng Building Materials Co., Ltd. and will be built by the group. Xiangxi Dingsheng Building Materials Co., Ltd. will maintain the industrial park’s ownership. This project is a prefabricated project introduced by the High-tech Zone of Xiangxi Prefecture, Hunan Province. It is an important part of the implementation of the prefabricated entire industrial chain in Xiangxi Prefecture. It will provide more advanced, environmentally friendly and green prefabricated building products for the greater Xiangxi region. Promote the development of new-type urbanization and rural revitalization in Xiangxi.

Shijiazhuang Ruimin Huizhu Science and Technology Park is located in Gaocheng Economic Development Zone, Hebei, China. It is another franchise project between the group and Hebei Shangzhan Technology Co., Ltd. and will be built by the group. Hebei Shangzhan Technology Co., Ltd. will maintain the technology park’s ownership. The project will closely follow the development positioning of Shijiazhuang as the "central city in the central and southern part of the Beijing-Tianjin-Hebei urban agglomeration" to develop Shijiazhuang Ruimin Huizhu Science and Technology Park to promote the integrated development of Beijing-Tianjin-Hebei and actively participate in the construction of the capital economic circle urban agglomeration.

The company's executive director Guo Weiqiang said that the implementation of the two projects will further improve the production capacity of Zhuyou Group in the country. Up to now, the group has deployed digital PC factories in 16 provinces and 42 cities across the country, including 10 franchised factories and 10 light asset factories. In the future, the group will continue to revolve around the "home-made smart" strategy, and continue to cooperate with partners through direct operation, franchising, and asset-light models. By importing brands, research and development results, exporting management, and patents, we will work with partners to achieve complementary resource advantages, patent results sharing, value symbiosis and win-win, and jointly create a "home smart manufacturing" production line cooperative ecological platform to promote the development of the prefabricated construction industry.