SSLJ.com Limited announced that the company has entered into a strategic cooperation agreement with Tianmen Han Da Technology Co.,Ltd. on February 22, 2018. Han Da also awarded the company a RMB 110 million (USD 17.3 million) contract for the decoration design and construction of Han Da's Tianmen commercial project. Pursuant to the Agreement, SSLJ is now the featured contractor to handle the decoration design and construction of Han Da's projects including the Tianmen commercial project. The total construction and decoration area of the Tianmen commercial project of up to 110,000 square meters includes 724 luxury residential units, 30 ground floor stores as well as a 8,000-square-meter-large Agricultural Products Exhibition Center. The Tianmen commercial project is tentatively scheduled to commence prior to June 30, 2018. In the initial phase of the Number Zero Yard project, the construction and decoration of a total of 110,000 square meters' project has been entrusted to SSLJ. The second phase of the Number Zero Yard project covers an area of 100 mu (16.5 acres). All interior design and construction projects covering 1,350 residential units with up to 170,000 square meters' area will also be handled by SSLJ. According to the Agreement, the estimated entire value of the Number Zero Yard projects will reach RMB 170 million (USD 26.8 million). Pursuant to the Agreement, SSLJ agreed to pay Han Da RMB 40 million (approximately USD 6.3 million) in the form of a refundable deposit on or no later than March 2, 2018 and Han Da agreed to refund the Deposit in full by May 31, 2018, with an interest rate of 18% per annum. After Han Da receives the Deposit, it will provide to the Company real estate assets of equivalent value to the Deposit as provided in the Agreement to ensure the successful commencement of the cooperation.