Mangrove Group--CASTIC-SMP MACHINERY CORPORATION LIMITED

Case

Mangrove Group

Sanya Bay Mangrove Resort World, adjacent to Sanya Bay in Hainan, which enjoys the reputation of “Coconut Dream Corridor”. The hotel covers an area of about 400 acres and has a total construction area of 680,000 square meters. It has a total of 1,322 luxury rooms. The Sanya Bay Mangrove Resort Hotel is different from the traditional conventional hotel in planning, adapting to the new holiday life needs, and bringing together the success of world resort hotels such as Las Vegas and Dubai. The element is a world-class “destination hotel” such as “Venice”, “Genting”, “MGM” and “Beogira”. It is the first giant five-star hotel launched in China. It is also the first full-life concept resort hotel in China. It is a comprehensive architectural cluster integrating vacation, water recreation, peak entertainment, global food shopping experience, business, and super conference and exhibition.

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Qingdao Mangrove Resort World is the pioneering mangrove brand in the tourist resort city of northern China. As the largest coastal resort destination in northern China, it has a construction area of 770,000 square meters and more than 4,000 rooms. Equivalent to eight five-star hotels, known as "China's Las Vegas." It is a holiday destination integrating fashion art, leisure vacation, cultural creativity, international conference and exhibition, film and television exterior, shopping and entertainment.

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