The Foundation Pit Construction of the Real Estate Company’s Jingyuan Project Commenced Smoothly

Following the preliminary site leveling and the construction of fence foundation for the land use redline in October 2023, Jingyuan Project welcomed the mobilization of the general contractor in November, to build temporary facilities and erect the fender posts of basement foundation pit. Thanks to the general contractor’s meticulous organization and management and our strict quality control and timely settlement of various hard nuts in construction process, the erection of the foundation pit above had been basically completed by the end of November. The basement of Jingyuan Project contains 2 floors and the excavation depth of the foundation pit is deeper than 8m, which is a subproject larger than certain scale and with high hazard. Therefore, we invited the experts from relevant provincial and municipal organizations during the construction process for construction scheme demonstration. The Company also invited experts to check and offer guidance on the construction process to ensure the project safety and quality satisfy relevant requirements.