Boyuan Construction Group, Inc. announced that it has initiated construction on a five star luxury hotel located in Lingshiu, a city on Hainan Island, one of Boyuan's core markets. The hotel consists of 45,000 square meters of construction area covering a total of three floors. The project is valued at $10.9 million.

Completion of Boyuan's new project is expected in the first quarter of calendar 2014.