Sea Flower Island in Hainan, a highly anticipated maritime mega project, was built by former Evergrande chairman Xu Jiayin over 12 years with an investment of 160 billion yuan. The project, consisting of three offshore main islands and covering about 8 square kilometers, was designed as a Dubai-style landmark, aiming to become a “China version of Palm Island.” On its launch day, it reportedly generated 12.2 billion yuan in sales in a single day and claimed three world records.
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