Zhejiang Yunshi Group Co.,Ltd. intended to establish a sino-foreign joint venture with acompany from Taiwan. The amount of the investment in the first period will be RMB0.55 billion yuan, with 103.5 mu land appraised and invested as shares. Apartfrom capital, the party from Taiwan would also introduce strategic investors tojointly develop the Xiannv Lake tourist resort. Lijia Shi and Meilin Zhou from the investment and trade department of High Mark provided the related legalservice.