Huaqiang Holdings and Linhai City Cooperate to Establish a “Boonie Bear” Town

On May 18, atthe 15^thCultural Fair, Huaqiang Holdings signed a projectinvestment cooperation agreement with Linhai Municipal government. The twosides will cooperate to establish a “Boonie Bear” town. Ge Xuebin, Deputy Chiefof Publicity Department, Zhejiang Provincial of the CPC, Ye Haiyan, Member ofthe Taizhou Standing Committee, Departmental Chief of Taizhou PublicityDepartment, Mei Shimiao, Party Secretaryof Linhai Municipal Government, Linhai City Mayor Wang Dan, Huaqinag HoldingsChairman Zhang Hengchun, Huaqiang Fantawild President Liu Daoqiang and otherleaders attended the signing ceremony. The event was held by Hu Xinmin, memberof the Standing Committee of Linhai Municipal Government and executive deputymayor.

Linhai is a thousand-year-old ancient citywith profound heritage. It enjoys a reputation of breeding numerous culturalmasters with its solid historical foundation. The city processes beautifulenvironment, pleasant ecology and economic prosperity with good culturalfoundation. It also owns regional advantages and resource endowments for thedevelopment of cultural tourism and characteristic towns.

Huaqiang Holdings will make full use ofthe accumulated experience of the industrial model, technological innovationand resource integration to create new space of vacations and consumption fortourists and citizens. Huaqiang strives to establish a characteristic town withcultural tourism, animation IP, and livable function in order to support LinhaiCity’s cultural industry through extending its tourism industry chain andimplanting new vitality.