On February 12, 2018, Canhigh Group won the bid for 2018-2# plot in urban core area of Pinghu at price of RMB 809 million. In May, the wholly-owned subsidiary of Canhigh introduced Shanghai Vanke into the project. The two sides cooperated to develop the Pinghu project and named it "Majestic Mansion".
Adjacent to Fuzhen Road and Shanghai Tang Road (the city's main roads), with a profound insight into the cultural context of Jiangnan water town and the nature of modern residence, Majestic Mansion treasures the scarce resources of the neighboring national 4A-level tourist attractions of Donghu (East Lake) scenic spot. In the form of contemporary Oriental architecture, it deduces the ideal of living a lakeside life and pays tribute to the millennial affection to the East Lake. Through better lake living environment, more convenient transportation and more luxurious space, the project reshapes the lakeside life and pays tribute to the more beautiful Pinghu.
The project covers an area of about 42,000 square meters, with a construction area of about 115,000 square meters in total. It is composed of 11 high-rise buildings. Lakeside living hall of Majestic Mansion was released on September 1, 2018 and opened to the public in November 2018.