On 9th November, Reignwood Group, together with Shiyan Municipal People's Government, China Construction Engineering Design Group and China Construction Infrastructure Survey and Design Group, jointly signed the strategic agreement of Green Development Joint Action Plan, under which, 10 billion yuan is planned to be invested in building a Wudang Mountain Health and Tourism Industry Park.
Wudang Mountain is the origin of Daoism and Taichi, also listed as the UNESCO world heritage site. Reignwood Group, in partnership with China Health & Medical Development Foundation and World Anti-aging Academy of Medicine, will bring in the think tank resources, health concepts and advanced technology of the World Anti-aging Academy of Medicine, to establish a large-scale health park incorporating the world anti-aging center, medical exhibition, supportive Chinese medicinal diet, clinical service, organic agriculture, health and elder support community, mountain sports park and tourist hotels, aiming to further protect local special resources, promote green development and ecological construction. Moreover, Reignwood Group will build a national aviation tourism demonstration project under an asset light model by taking advantage of resources of Reignwood Aviation.