State-owned enterprises sold 1.39 billion yuan and successfully sold the mining rights of a sand and gravel mine in Chaozhou, Guangdong

On March 29, the mining right of Jingxin Mining Area in Qiandong Town, Raoping County, Chaozhou City, Guangdong Province was successfully sold for 20 years at a starting price of 1.39 billion yuan, and Chaozhou Yingfa Mining Co., Ltd. won it with 1.39 billion yuan. The mining area of the

project is 1.835 square kilometers, with 166.312 million cubic meters of resources.

According to the Digital Building Materials DataBM. Com, Chaozhou Yingfa Mining Co., Ltd. was established in June 2022 with a registered capital of 100 million yuan, which is a wholly-owned subsidiary of Chaozhou City Construction Investment Group Co., Ltd. and a state-owned enterprise.