Jade Bird Fire and Blue Light Real Estate reach strategic cooperation
Release date:2019-11-16
Strategic cooperation is based on long-term win-win considerations and is based on common interests to achieve in-depth cooperation. The strategy is to start from the whole, consider the mutual interests, and maximize the overall interests.
Jade Bird Fire Co. Ltd., (abbreviated as "Jade Bird Fire", stock code: 002960) and Sichuan Lan GuangHejun Industrial Co., Ltd. (abbreviated as "Blue Light Real Estate") reached a strategic cooperation, and the two parties established a long-term and stable cooperation relationship and cooperation model henceforth. Blue Light Real Estate is a subsidiary of Blue Light Development Co., Ltd. Blue Light Real Estate focuses on real estate development and operation, on incorporating the urban layout with the national urban agglomeration construction plan and on elaborating major cities and cultivating high potential areas within the country. Currently the company has 5 major key areas spread out: the Chengdu area centered on Chengdu and Xi'an, the Central China area centered on Wuhan, Hefei, and Changsha, the Bohai Rim area centered on Beijing and Qingdao, and the Yunnan-Chongqing area centered on Chongqing and Kunming, and the Yangtze River Delta Region with Shanghai and Suzhou as the center. The in-depth cooperation between the two parties will not just boost Jade Bird Fire and the Blue Light Real Estate to jointly create high-quality real estate projects, but also raise significantly the brand value and awareness of both parties and advance together towards the objective of mutual benefit development for both companies. Through this strategic cooperation, it will effectively improve the work efficiency of both companies, reduce management costs, and make the purpose of generating economies of scale become reality.