Jieya Co., Ltd. announced that the company signed a “Land Use Rights Transfer Contract” with Egypt's TEDA Development Company to use its own capital of US$8.465,400 to purchase 160,000 square meters of land use rights located in the northwest economic zone of Insuhana Bay in Suez Province as operating land for the company's construction of a production base in Egypt.

Jieya Co., Ltd. announced that the company signed a “Land Use Rights Transfer Contract” with Egypt's TEDA Development Company to use its own capital of US$8.465,400 to purchase 160,000 square meters of land use rights located in the northwest economic zone of Insuhana Bay in Suez Province as operating land for the company's construction of a production base in Egypt.