Yu Qi's investment in the Jiashan Intelligent IOT Warehouse Distribution Center project is expected to be completed in the early second quarter of 2021, with a construction area of approximately 80,000 square meters (three double-layer ramp-type intelligent warehouse logistics facilities). The project is located at the junction of Jiangsu, Zhejiang and Shanghai, in the north of Xitang Scenic Area, an ancient town in the south of the Yangtze River. It is the core area of the Yangtze River Delta integration with convenient transportation.