On April 26, according to the official wechat official account of Shanghai New World Co.Ltd(600628) china, on that day, Shanghai New World Co.Ltd(600628) china and China Merchants Shekou Industrial Zone Holdings Co.Ltd(001979) signed a strategic cooperation agreement. The two sides will carry out all-round strategic cooperation in the mainland and Hong Kong, involving residential development, commercial building, urban renewal and old transformation projects, equity and asset acquisition projects and other fields.
It is understood that Shanghai New World Co.Ltd(600628) China had previously cooperated with China Merchants Shekou Industrial Zone Holdings Co.Ltd(001979) China to build the comprehensive development project of Prince Edward Bay in Shekou, Shenzhen. The planned construction area of the project is 1.7 million square meters, covering commercial, office, apartment, residential and other functions, of which the office volume is about Shanghai Pudong Development Bank Co.Ltd(600000) square meters and the commercial volume is about 500000 square meters.