Fuzhou Yongtai's First Successful Auction of Sandstone Disposal Right

of March 6, the first sand and gravel disposal right auction in Yongtai County of Fuzhou City was successfully held in the county public resources trading service center. The auction transferor is the Tangqian Township People's Government of Yongtai County, which entrusts Yongtai Branch of Fujian Strait Auction Co., Ltd. to be responsible for the specific implementation, and the Yongtai County Public Resources Trading Service Center organizes and undertakes the trading activities in accordance with the law and regulations. The subject matter of this

auction is the right to dispose of abandoned sand and gravel in blocks B and C of Yunda Fujian (Yongtai) E-commerce Industrial Park, involving a total amount of sand, gravel and soil of about 2.204 million m ³, of which 1.6306 million m ³ can be used for processing and production of building stones, with a starting price of 22.2 million yuan. After 386 rounds of bidding, the No.83 bidder, Yongtai Zhucheng Machine-made Sand Co., Ltd., won the highest bid of 70.6 million yuan.

This is the first successful public auction of the right to dispose of sand and gravel resources in accordance with the spirit of the Work Program for the Supervision of the Disposal of State-owned Assets Involving Sand and Gravel in Yongtai County Construction Projects, which indicates that the disposal of sand and gravel in Yongtai County Construction Projects has been brought into the standardized management and further promotes the safety of mineral resources in the county.