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Boyuan Construction Group, Inc.

12:17 PM EST - Boyuan Construction Group, Inc. : announced today that it has initiated construction on a new mixed development project comprising a total of 13 residential and commercial buildings ranging from three to 31 stories high. The 13 buildings, which total 80,000 square metres, will be built in Huaian City, which is located in the Yangtze River Delta, Boyuan's core market. The project is valued at $23.1 million U.S. Boyuan Construction Group, Inc. shares T.BOY are trading down $0.05 at $1.90.