Another big financial project of Chenzhou tourism industry

Another achievement was gained by Chenzhou tourism industry on financing. Recently, 1.6billion yuan of the second phase of Suzhou Xintian Company’s PPN was issued to market. It is the fifth order does by Xintian Company after handling direct financing businesses. The interest cost for this order is 4.7% which is the lowest one among all the 5 times.

The second phase of Wangxianling Tourism Resort is the project subjecting to raising investment. The total investment for this project is 3.05billion yuan. Focusing on the core concept of “blessing culture”, it would combine other religion culture elements as Taoism, Buddhism, and etc. into the construction. It was aimed to improve the resort to be a multi-functional and comprehensive Hunan provincial tourism resort.

Relative departments placed great supports on this PNN project from its launching in this February. On this November 11, 2016, it was issued successfully and all raising capitals were fully collected to the account. This large amount but low interest capital must provide great financing support for the improvement of Suxian District’s cultural tourism industry.