[photopress:real_estate_Gold_Horse.jpg,full,alignright]Gold Horse International has focused on residential construction projects in Western China, which total more than $135 million in projected revenues with estimated profits of $25 million.
Yang Lian Kuan, Chairman and CEO of Gold Horse said, ‘These three projects of residential housing will be completed from 2007 to 2010, and represent over 6,500 residential units. This pipeline does not include commercial and governmental contracts that Gold Horse has secured.’
Nan Yuan Estates, 1100 units, $20.5 million contract, $4.1 million projected profits.
Yuan Estates, 600 units, $8.3 million contract, $1.55 million projected profits.
Gold Horse Gardens, 5,000 units, $109.7 million contract, $19.4 million projected profits.
Gold Horse, through its wholly owned subsidiary, Global Rise, controls and operates in Inner Mongolia the Jin Ma group of companies which are all based in Hohhot City, the regional capital of Inner Mongolia Autonomous Region. This is the town where the freight train to Düsseldorf in Germany starts.
Jin Ma has been working there since 1990. Jin Ma Hotel owns, operates and manages a a full-service two-star hotel located in Hohhot City. Jin Ma Real Estate develops residential and commercial properties in Hohhot City.
Source: Prime Newswire