Xin Point Holdings Limited established new production base in Mexico. On 12 September 2017, the group entered into a turn-key construction contract (the Turn-key Construction Contract) with Arquitectura Interurbana, S.C. for the civil engineering construction of the Factory Project with total estimated construction price of USD 19,529,757 (equivalent to approximately RMB 127.5 million), plus the applicable local value added tax. Arquitectura Interurbana, S.C. is responsible for the construction of an industrial unit, parking lot and green spaces. The gross construction area is approximately 50,033 square metres. Duration: from 12 September 2017 to 20 November 2018.