On May 21st, Sanfo announced that its holding subsidiary Shanghai Xile Culture Development Co., Ltd. has signed an agreement named Nanjing Squirrel Tribe Forest Holiday Park Investment and Cooperation Framework Sports?Fun?Dream with Jiangsu Daji Environment Industry Co., Ltd. The two sides will set up a joint venture then to jointly invest, construct, and operate a parent-child outdoor paradise with the core IP of "Squirrel Tribe" at the outskirt of Nanjing. The project is planned to be built at Yuanlin Road, Tangquan Street, Pukou District, Nanjing, with a preliminary planning area of about 300 mu (about 200,000m?). It is designed to become a comprehensive growth paradise for children aged 3-12 and parent-child groups with the feature of "outdoor fun + exploratory education". The project is expected to be completed and opened in March 2021. In addition to the "Squirrel Tribe" in Nanjing, similar other projects in Yichun, Changchun, Neijiang are also progressing steadily, among which the two major projects in Xi'an and Tianjin are expected to be completed and opened in succession from this year to next year.(2020/07/20)