Shenyang Yinji Development Co., Ltd. (000511)

Shenyang Yinji Development Co., Ltd. (000511)

Shenyang Yinji Development Co., Ltd. is a listed company listed on Shenzhen Stock Exchange. The company name is Yinji development, stock code: 000511. The company formerly known as Shenyang material development Co., Ltd. (hereinafter referred to as: Liaoning materials). Liaoning materials was listed on Shenzhen Stock Exchange in 1993, and was "specially treated" by Shenzhen Stock Exchange in April 1998 for two consecutive years of losses. In May 1998, with the support of the municipal government, Shenyang Yinji Group Co., Ltd. made a 100% asset replacement of Liaoning materials and changed its main business. In April 1999, the company became the first listed company to eliminate "ST" in the stock market, and changed its name to Yinji development. In August 2000, the company was approved to issue 50 million additional A-share public shares and raised 680 million yuan.

The company has rich land reserves, with a land reserve of 650000 square meters in the North Bank of Hunhe River (Downtown) in Shenyang, which is determined by Shenyang municipal government as the "northern Pudong" in the future, with great potential for land appreciation. In 2008, the company will focus on the central task of comprehensively starting the Wulihe project in Hunbei, and spare no effort to promote the marketing of the started Wulihe project.

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