Agreements of Taizhou Cultural Tourism Resort and Characteristic Town Officially Signed

On November 29, the 4^ththe World Zhejiang Entrepreneurs Convention opened in Hangzhou. After the opening ceremony, at the signing ceremony of 48 major projects, Zhang Hengchun, Chairman of Huaqiang Group, on behalf of Huaqiang Group, signed an investment cooperation agreement with Zhang Bing, Mayor of Taizhou City, on behalf of Taizhou Municipal Government. The agreement is about collaborating establishing Huaqiang Fantawild Cultural and Tourism Resort and Huaqiang Harmonious Culture Town and its total investment is amount 13.5 billion yuan. This signing of agreement marks Huaqiang Taizhou Project has officially entered into the stage of implementation.

On November 30, at the promotion conference of Economic and Business Innovation in the Bay Area ofTaizhou, Mayor Zhang fully affirmed the achievements Huaqiang has gained in the development of cultural tourism. Huaqiang Chairman Zhang Hengchun stated that Huaqiang Group will adhere to the principal of innovation and quality come first. Sticking to the craftsmanship spirit, it will combine advanced technologies of VR, AR, big data and cloud mathematics with Taizhou’s harmonious culture, mountainous and sea culture and local customs to create a cultural tourism resort containing theme parks and resort hotels. In addition, with the support of Taizhou government, the group will establish a harmonious culture town with studies of Chinese ancient civilization, health and medical care, suitable for both working and tourism.