Qingdao Conson Development Group in the coastal city of Qingdao, Shandong province, held an investment symposium, featuring various fields such as finance, real estate, exhibition, hotel, culture, sports and transportation.

Conson Group signed cooperative agreements of more than 2 billion yuan ($322 million) with China Merchants Bank, Haitong Securities and DTZ, a global leader in property services, with different ways of cooperation such as stock right transfers, capital and share increasing, joint investments, and mergers and acquisitions.

Established in 2008, the Conson Group involved itself in the construction of the Jiaozhou Bay Undersea Tunnel, the Qingdao Sports Center and the Qingdao Grand Theater. The Group's gross value of assets has topped 40.1 billion yuan, with an average annual growth of 26.5 percent.