On February 24, the mining right of the construction stone (tuff) mine of the comprehensive utilization project of the small and micro industrial park in Jingdoushan, Shehu Street, Fenghua District, Ningbo City, Zhejiang Province, was successfully transferred for five years, with an annual output of 3.5 million tons. The initial listing price was 280 million yuan, and Ningbo Fenghua Jinbei Construction Investment Co., Ltd. won 282 million yuan, with a premium of 2 million yuan. The mining area of the
project is 0.2060 square kilometers, and the total amount of controlled resources within the mining area is 6.8509 million cubic meters (17.4377 million tons).
According to the Digital Building Materials DataBM. Com, Ningbo Fenghua Jinbei Construction Investment Co., Ltd. was established in February 2019 with a registered capital of 500 million yuan, which is a wholly-owned subsidiary of Ningbo Fenghua Industrial Investment Group Co., Ltd.