On February 27, the mining right of granite mine for construction in Songshuwo Mining Area, Xiaoxiang Town, Gaoyao District, Zhaoqing City, Guangdong Province was successfully sold for 21 years (including 2 years of capital construction period and 1 year of pit closure period), with a starting price of 2.01 billion yuan, which was won by Zhejiao Mining (Zhaoqing) Co., Ltd. for 2.01 billion yuan. The mining area of the
project is 1.288 square kilometers, and the 14280 of granite mining resources for construction is 0.74 million cubic meters.
According to the Digital Building Materials DataBM. Com, Zhejiang Jiaotong Mining (Zhaoqing) Co., Ltd. was established in February 2023 with a registered capital of 1 billion yuan, which was jointly funded by Zhejiang Transportation Resources Investment Group Co., Ltd. and Zhaoqing Gaoyao Investment and Development Group Co., Ltd. with 85% and 15% shares respectively.