On May 2nd local time, the groundbreaking ceremony for the construction of a new city was held in the Ishtihan Special Economic 

Zone of Samarkand Oblast, Uzbekistan. Wang Xiaoyou, the chairman of Yishtihan Real Estate Company and the founding president 

of Samarkand International University, along with representatives from the university, the district head of Yishtihan District, core members 

of the local government, and representatives of enterprises, attended the event.

Wang Xiaoyou, the chairman of Ishtihan Real Estate Company, delivered a speech, stating that Uzbekistan is an 

important partner of the Belt and Road Initiative, and Samarkand is a city with a long history and full of vitality. 

We chose to invest here precisely because of the local superior policy environment, huge development potential

 and profound cultural heritage. The Ishtihan City project embodies the wisdom of teams from both China and Ukraine.

 It will adopt international advanced planning concepts to create a modern community integrating residential, commercial 

and leisure functions, providing local residents with high-quality living Spaces.

As a Chinese enterprise, we are well aware of the importance of social responsibility. During the project construction process, 

we will strictly abide by local laws and regulations, pay attention to ecological and environmental protection, give priority to 

hiring local employees, and actively participate in community public welfare undertakings, truly achieving the development 

goal of "co-construction, co-sharing and co-win".