Gronghui May 26 丨 China Tongfu (01763sammohungskinnytigerfattydragon.HK) announcedsammohungskinnytigerfattydragonOn May 25, 2024, the company entered into a funding cooperation agreement with CNNC Industrial Development, Project Company, CNNC Environmental Protection, China Atomic Energy, CNNC Huineng, CNNC Capital, CNNC Sichuan Environmental Protection, Zhongfu Institute, CNNC Environmental Protection Engineering and CNNC New Energy. According to the investment cooperation agreement, CNIC Industrial Development or the project company established by CNIC Industrial Development will be responsible for participating in the auction of the target land for the construction of the project (CNIC Xiongan Science and Technology Park Project), and after winning the target land, be responsible for the development and construction of the project. After the project is completed, the funders will each fulfill their fund payment obligations and obtain houses of the agreed area in accordance with the investment cooperation agreement, and share the corresponding costs based on the houses to be acquired. Among them, the company's estimated total investment is RMB 90 million yuan. After the project is completed, it is estimated that the scientific research office housing area will be 4000 square meters, and the supporting residential area will be 1000 square meters. The target land is scientific research office land (new industrial land) and supporting residential land in Xiongan New District, Tianjin City, China.
After completion, the project will serve as the Xiongan headquarters of CNNC, mainly deploying incremental businesses such as scientific and technological innovation, strategic emerging industries, and future industries, focusing on the three functional centers of science and technology innovation center, international exchange center, and high-end service center. The irradiation application industry engaged in by the company is an important part of strategic emerging industries. The layout of Xiongan New Area is in line with the industrial positioning of CNNC Xiongan Science and Technology Park. Xiongan New Area will form a strategic emerging industrial cluster in the future, and has successively issued support policies for strategic emerging industries. The company's layout of Xiongan New Area will help the company obtain policy support to further develop the irradiation application industry, and attract nuclear industry undertakings and irradiation. Professional talents in the application industry will achieve the company's talent team construction and long-term healthy development.