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Article: YURUN GROUP MAKING BIG BETS IN HAINAN
- Article from:
- AsiaInfo Services
- Article date:
- November 13, 2009
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AsiaInfo Services
11-13-2009
Yurun Group Making Big Bets in Hainan
HAINAN, Nov 13, 2009 (SinoCast Daily Business Beat via COMTEX) -- Headquartered in Nanjing, Jiangsu Province, China, Yurun Group Co., Ltd, one of China's top 500 companies specialized in food processing, real estate, tourism, trade and commerce and logistics, broke ground on a hotel in Qizi Bay, Hainan Province, an island located in South China Sea, on November 17 with a total investment of CNY 800 million.
This move comes shortly after an investment of CNY 4 billion spent by the group two weeks ago building a travel resort in Anhui Province.
An executive from the group discloses that the group is on track to set up a range ...