After receiving the order of 54 elevators and escalators from Southwest China Light Industry Products Mall Project in Yibin, Sichuan earlier this year, Symax cooperated with Chinese famous commercial real estate developer - Yilian Investment Group again. Two contracts involving over 100 elevators and escalators were signed for Southern Sichuan Hardware Mall project and Yuechi Yilian Decoration and Furnishing Material Mall project.

Southern Sichuan Hardware Mall was jointly invested by Yilian Investment Group and Sichuan Youhua Technology Group, and built by Zigong Yilian Investment Co, Ltd. The project is located in the center of commercial area of Zigong, Sichuan, covering an area of 1800 mu and a construction area of 1.7 million square meters. The project consisted of transaction, exhibition, commerce, logistics, offices, and supporting services areas, mainly including hardware, electromechanical and other light industrial products, urban comprehensive and other service products, storage logistics and other supporting products, so as to become an one-stop comprehensive trade distribution center that integrates exhibition, trade and e-commerce. It will become the largest, most convenient, best-equipped, and most perfect urban trade and logistics base in the southern Sichuang, eastern Yunnan, northern Guizhou and western Chongqing.

Yuechi Yilian Building and Home Furnishing Materials Mall is located in Guangan city of eastern Sichuan. It’s a super-large-scale and one-stop purchase center for decoration and furnishing material with an area of 150,000 square meters. This project covers an area of 136.5 mu with the total construction area of 150,000 square meters and total investment of about RMB800 million yuan. The Mall includes decoration and building materials, hardware and furniture. It integrates product trading, international exhibition, warehousing and logistics, financial services, e-commerce, brand promotion, business supporting, operation management, and information exchange, to build a decoration and building material "aircraft carrier" in eastern Shandong.

Compared with ordinary projects, commercial real estate projects such as Southern Sichuan Hardware Mall project and Yuechi Yilian Decoration and Furnishing Material Mall require higher quality, shorter lead time, more maintenance, and more product models, which set a higher threshold for lift provider. For example, 74 lifts will be installed in Southern Sichuan Hardware Mall, including 38 escalators, 6 freight lifts, 4 panoramic lifts and 26 passenger lifts.

The fact that Symax has cooperated with the China's leading commercial real estate developer Yilian Group for the third time represents the competitive force and broad development prospect of Symax in commercial real estate market.

Introduction to the Yilian Group:

Yilian Investment Group, founded in 1997, is a comprehensive commercial real estate enterprise that invests, develops, operates and manages the specialized market, urban comprehensive commercial real estate, industrial real estate and leisure real estate. It successfully developed and operated more than 30 large commercial real estate projects in Tianjin, Shanghai, Hebei, Shandong, Anhui, Jiangsu, Zhejiang, Chongqing, Sichuan, Guizhou, Shaanxi and other provinces and cities, with the total investment of over RMB40 billion yuan and the construction area of 10 million sq.m.