en.Wedoany.com Reported - On May 13, 2026, the Zhuhai Public Resources Trading Center announced the results of the transfer of sea area use rights and mining rights for sea sand extraction in Block 1, southeast waters of Gaolan Island, Zhuhai City, Guangdong Province. Chaogui Marine Resources Technology (Zhuhai) Co., Ltd. won the sea area use rights and mining rights for the sea sand mine at the reserve price of 1,064.00 million yuan. This transfer was jointly commissioned by the Zhuhai Municipal Ocean Development Bureau and the Zhuhai Municipal Natural Resources Bureau, conducted through online listing, with the mining mineral type being sea sand.
The sea sand mine is located in the sea area approximately 30 kilometers southeast of Gaolan Island, Zhuhai City, Guangdong Province, China, covering a sea area of 2.799815 square kilometers. The resource reserves, as explored, are 71.7439 million cubic meters, with recoverable raw sea sand ore resources amounting to 55.9874 million cubic meters. The transfer period is 3 years (including a 4-month preparation period and a 2-year, 8-month formal extraction period), with an annual extraction scale of 21 million cubic meters. The extraction elevation ranges from -29.31 meters to -82.29 meters (based on the 1985 National Elevation Datum), using underwater extraction methods. The listing starting price of 1,064.00 million yuan includes sea area usage fees of 332.47 million yuan and mining rights transfer proceeds of 731.53 million yuan.
The transaction price was 1,064.00 million yuan, and the winning bidder is Chaogui Marine Resources Technology (Zhuhai) Co., Ltd. Subsequent performance requirements include: the winning bidder must pay the sea area usage fees and mining rights transfer proceeds in installments as agreed, with a daily overdue penalty of two-thousandths of the overdue amount; and must apply for the mining permit, sea area use rights real estate registration, and mining rights real estate registration within 6 months from the date of signing the transfer contract. During the extraction period, the entity must fulfill the primary responsibility for production safety. In case of breach of contract, the entity will be placed on a joint disciplinary list for dishonesty and will be prohibited from participating in sea sand resource bidding activities in Zhuhai City for 3 years.
The transaction results are publicly announced from May 13, 2026, to May 27, 2026. Objections must be submitted in writing to the Zhuhai Public Resources Trading Center. Extraction must strictly implement the requirements of the marine environmental impact report and fully compensate for the loss of marine biological resources; before commencing operations, the construction of an enforcement supervision system must be completed, electronic fences installed, and a third-party supervision unit engaged to monitor extraction, with cross-boundary and excessive extraction strictly prohibited.
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