According to the Zhitong Finance App, Shaanxi Jinye (000812.SZ) announced that the first phase of the new functional zone project of the Xi'an Mingde Institute of Technology, a wholly-owned subsidiary of the company, has been completed and put into use, and is currently investing in the construction of the Mingde University New Functional Zone Phase II (covering the second and third phases of the new functional zone project, collectively known as the second phase of the Mingde University New Functional Zone Project). The estimated investment amount for the second phase of the Centennial College New Functional Zone project is 447 million yuan, with a total construction area of about 85283.43 square meters, including 2 dormitory buildings and 1 complex.

According to the announcement, the second phase of the Centennial College New Functional Zone Project aims to further effectively alleviate the current shortage of campus resources faced by Centennial College. At the same time, in accordance with the relevant requirements of undergraduate teaching qualification assessment work, it is of great significance in improving the quality of operation of schools and the scale of development.