DESUN SERVICES Subsidiary Secures Contract for Hongcang Huatian Tower Project, Aims to Establish AI Gaming Digital Industrial Park in Southwest China

Stock News
06/23

An announcement has been issued regarding a significant project win.

The wholly-owned subsidiary, Chengdu Desun, has received a formal notice of successful tender for the Hongcang Huatian Tower project.

The project is situated at No. 1, Minxing 2nd Road, Chenghua District, Chengdu, China, with a total gross floor area of approximately 119,800 square meters, subject to final confirmation upon handover.

Its industrial focus is centered on the entire game development and operation supply chain, integrating artificial intelligence and live-streaming e-commerce resources to establish an "Artificial Intelligence Gaming Digital Industrial Park" in China's southwestern region.

Chengdu Desun is expected to finalize a lease agreement with Huatian Culture within 30 days of receiving the tender award notification.

The lease term is set for 15 years, equivalent to 180 months, commencing from the official handover date of the premises, which includes a 12-month rent-free period for fit-out, resulting in a 14-year effective rental period.

The company possesses extensive experience and specialized operational capabilities in property services, investment promotion, commercial leasing, and asset management, cultivated over many years.

The newly secured project is located in a prime urban core area within the Dongjiao Memory precinct of Chenghua District, known for its strong cultural and creative industry environment.

Its proximity to a subway station and a major ring road ensures excellent transport connectivity.

The project holds considerable locational value and strategic importance.

Successful execution of this project is anticipated to generate consistent, stable operational income.

Furthermore, it aims to create a model commercial-industrial complex project, serving as a benchmark that enhances the company's brand influence and market reputation.

This initiative is expected to attract more high-quality partners and client resources, thereby providing sustained momentum for the company's long-term growth.

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