Ningbo Yintai Real Estate Company successfully delisted from the core D3 area of the golden location in Eastern New City

2013 On December 30th, Ningbo Yintai Real Estate Co., Ltd. won the D3 plot in the core area of the eastern new city of Ningbo for a total price of nearly 2.1 billion yuan. The plot is located in the core area of the future Greater Ningbo Center - Ningbo East New City, at the center of the city axis, adjacent to the Central Park and the New City Government. The 30 hectare Minghu Lake is within easy reach, and the surrounding commercial facilities are complete. It has matured in five aspects: cultural and leisure, residential areas, educational facilities, living facilities, and medical facilities. In the future, it will become a gathering place for high-end residential properties in Jiangdong, Ningbo. According to the transfer agreement of D3 plot by Ningbo Land Bureau, the total transfer area of the plot is 129700 square meters, with a green space ratio of 10% -35%, a building density of 30% -70%, and a building height limit of 24-100 meters. It is a comprehensive land for wholesale and retail, business finance, accommodation and catering, and urban residential use.

In the future, Ningbo Yintai Real Estate Co., Ltd. plans to invest 5.5 billion yuan to develop the site into a large-scale commercial complex integrating commercial, office, residential, and entertainment functions - Ningbo Yintai MALL. After completion, the total construction area of Ningbo Yintai MALL will reach 630000 square meters, including 400000 square meters of above ground construction area and 230000 square meters of underground construction area.

Ningbo Yintai MALL will focus on experiential commerce and create a dream city that integrates fashion department stores, boutique supermarkets, large-scale lifestyle supermarkets, catering and entertainment, fitness and health, home life, cultural exhibitions, and high-end office and residential areas.