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RIB Software AG (RSTA) has signed a Phase II iTWO 5D Deal in China with the leading prefabrication company CMZY

DGAP-News: RIB Software AG / Key word(s): Contract
RIB Software AG (RSTA) has signed a Phase II iTWO 5D Deal in China
with the leading prefabrication company CMZY

20.05.2015 / 12:09

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20-05-2015

RIB Software AG (RSTA) has signed a Phase II iTWO 5D Deal in China with the
leading prefabrication company CMZY

Changsha, China, 20 May 2015. RIB Group, the leading 5D BIM Big Data
technology provider in the world, today announced the signing of the
largest iTWO 5D deal in China with CMZY (China Minsheng Zhuyou CO., LTD,)
the pioneer of construction industrialization in China, to implement iTWO
5D BIM technology in the production of the largest Prefabrication
Construction Plant in China - Minsheng Zhuyou Changsha Industrial Park. The
agreement will be a key milestone for the revolution of China's
construction industry and accelerate its construction industrialization and
modernization.

CMZY is the first wholly owned industrial company founded by China Minsheng
Jiaye Investment with a registered capital of 1 billion yuan. CMZY's goal
is to accelerate the reformation of construction industry and to promote
the modernization of construction industry. They are devoted to becoming a
new type manufacturer of construction projects and a key provider of
advanced technology.

China Minsheng Zhuyou Changsha Industrial Park has at first and second
stages a land coverage of 650 mu (about 433,333 m²). The annual production
capacity of the first stage is expected to reach 6 billion RMB. It will
become a concentrated production centre for prefabricated construction
products and provide integrated solutions for various types of architecture
by applying EPC model and advanced industrialized methodologies. The
industry park has a construction industrialization manufacturing unit,
construction industrialization technology research & development unit,
training unit, and construction industrialization products demonstration
centre. They will apply the cloud based iTWO Big Data 5D BIM solution
combined with iTWO IoT technology in the manufacturing of the
industrialized construction products. iTWO will build up a 5D end to end
management platform for the whole production chain of the industrial park,
realizing informatization through design, production to construction, which