Boyuan Construction Group, Inc. has commenced construction on four new projects with combined contract values of USD 81.1 million. The new projects include a commercial and two residential development projects in the fast-growing city of Jiaxing, as well as a residential development in the city of Qionghai in Hainan Province. Details for the three new projects in Jiaxing are as follows: a USD 15 million, 50,102 square meter commercial development expected to be completed in the third quarter of 2019; a USD 30.2 million residential development, spanning 108,876 square meters, expected to be completed in the fourth quarter of 2019; and, a USD 29.9 million residential development encompassing over 240,000 square meters, that is expected to be completed in early 2020. Boyuan's latest projects also include a USD 6 million, 15,000 square meter residential development in the city of Qionghai in Hainan Province. This project is expected to be completed in the second quarter of 2019.