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Hainan Ruize announced that on August 14, 2026, the board of directors of the company deliberated and passed a bill on cooperation between the subsidiary Lingshui Ruize and Lingshui Xiangmin to develop the Xinhua mixing plant project in Wenluo Town, and signed a cooperative development contract on August 17. Lingshui uses land use rights with an assessed value of 5.7561 million yuan as cooperative investment to receive fixed annualized income; Lingshui Ruize invested about 60 million yuan in capital, technology, equipment, etc., and is responsible for the full investment, construction, and operation management of the project. The cooperation period is 20 years, and the total development cycle is 12 months; the fixed annualized income is not less than 800,000 yuan/year for the 1st to 5th year, and will increase 20% every 5 years thereafter.

Zhitongcaijing·08/17/2026 08:41:09
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Hainan Ruize announced that on August 14, 2026, the board of directors of the company deliberated and passed a bill on cooperation between the subsidiary Lingshui Ruize and Lingshui Xiangmin to develop the Xinhua mixing plant project in Wenluo Town, and signed a cooperative development contract on August 17. Lingshui uses land use rights with an assessed value of 5.7561 million yuan as cooperative investment to receive fixed annualized income; Lingshui Ruize invested about 60 million yuan in capital, technology, equipment, etc., and is responsible for the full investment, construction, and operation management of the project. The cooperation period is 20 years, and the total development cycle is 12 months; the fixed annualized income is not less than 800,000 yuan/year for the 1st to 5th year, and will increase 20% every 5 years thereafter.