Haichang Ocean Park Holdings (HKG:2255) has agreed to co-develop Qianwan - Haichang IP Park in Ningbo Qianwan New Area with Ningbo Qianwan Holding, a Thursday filing with the Hong Kong Exchange said.
The project area is located to the east of Hangzhou Bay Bridge and covers an area of about 533,333 square meters.
The company will be providing strategic planning and consultancy services for the planning and design of the project. The company will conduct general operation and management of the project for a proposed term of 20 years.
The company's shares were up over 1% on Thursday's close.
Price (HKD): $0.76, Change: $+0.01, Percent Change: +1.33%
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