Four PPP projects won by Longyuan Group were supported by the Ministry of Finance with awards instead of subsidies.

Recently, the website of the Ministry of Finance issued the Circular on the Budget of the Special Fund for the Development of Inclusive Finance in 2018, which issued the Budget of the Special Fund for the Development of Inclusive Finance in 2018 to all provinces (autonomous regions, municipalities directly under the Central Government, cities with separate plans). Four PPP projects such as Jinjiang International Convention and Exhibition Center and Yangde Road in Xuancheng won the bid of Longyuan Construction Group were supported by the Ministry of Finance with awards instead of subsidies. The total amount of support was 24 million yuan.

The announcement of rewards and subsidies from the Ministry of Finance has greatly boosted the confidence of the PPP market and affirmed the high-quality PPP projects.

As a privately-owned listed enterprise, Longyuan Construction has won 64 PPP projects with a total investment of more than 74 billion yuan up to now. Among them, 11 projects have been selected as demonstration projects of the Ministry of Finance. The company has always adhered to the concept of legitimacy and compliance, which not only enables the project to be implemented smoothly, but also brings social benefits and certain economic benefits to the government. Benefits, the Ministry of Finance's reward for the four projects implemented by the company is also the recognition of the company's adherence to the concept of legal compliance.