(Translation)No.:GF—2000—0171CommercialHousePurchaseandSalesContractFormulatedbyMinistryofConstructionofthePeople'sRepublicofChinaandNationalIndustryandBusinessAdministrationBureauInstructionsofCommercialHousePurchaseandSalesContract1.Thiscontractisasampledocument,whichcanalsobeusedforfinalsigning.Thepurchasershallcarefullyreadthecontentsbeforesigningthecontract.Incaseofdisagreementsonclausesorterminologiesinthecontract,consultationcanbemadetothelocalauthorityofrealestatedevelopment.2.Thecommercialhouseinthiscontractreferstohousesdeveloped,builtandsoldbyrealestatedevelopingcompanies.3.Partiesinvolvedshallsignthecontractbasedontheprincipleoffreewill.Blanklinesfollowingthecontractclausesareforthepurposeoftheautomaticorsupplementaryagreementmadebybothparties.Bothpartiescancarryoutamendment,supplementordeletiontoclausesinthecontract.Afterthecontractissignedandcomesintoeffect,theprintedwordswithoutalterationaretreatedasagreedbybothparties.4.Forthecontentsselectedorfilled,handwritingispreferential.5.For[]options,blankfillingandothercontentsneededtobedeletedoraddedinthecontract,bothpartiesshalldecideuponnegotiation.Pleaseuse√tomakeachoiceinthe[]content;Withregardtothefactualconditionsnothappenedornotagreedbybothparties,use×todenotedeletion.6.Beforesigning,thesellerisobligatedtopresentrequiredrelevantcredentialsandothersupportingdocuments.7.TheexplanationrightoftheclausesinthiscontractliesinthehandsoftheMinistryofConstructionofthePeople'sRepublicofChinaandtheStateIndustryandBusinessAdministrationBureau.CommercialHousePurchaseandSalesContract(ContractNo.:)ContractingParties:Seller:JiaJingRealEstateDevelopingCo.Ltd.OfHainanRegisteredAddress:GreenDreamResidentialApartmentonCentralJinmaoRoadinJinmaoAreainHaikouCityBusinessLicenseRegisteredNo.:4600002007631CorporateQualificationCertificateNumber:5030LegalRepresentative:LiuhuiCHENJIATelephoneNo.:68553233Postcode:570125EntrustedAgent:Address:Postcode:TelephonesNo.:EntrustedAgency:RegisteredAddress:BusinessLicenseRegisteredNo.:LegalRepresentative:TelephoneNo.:Postcode:Purchaser:HongsenZHANG[Myself][LegalRepresentative]Name:HongsenZHANGNationality:Chinese[IDCard][Passport][BusinessLicenseRegisteredNo.][]Address:15-AoftheFunanApartmentonthe16thJinlongRoadinHaikouCityPostcode:570125TelephoneNo.:13707576909[EntrustedAgent][]Name:Nationality:Address:Postcode:TelephoneNo.:AccordingtoContractLawofthePeople'sRepublicofChina,UrbanRealEstateAdministrationLawofthePeople’sRepublicofChinaandotherrelatedlawsandregulations,boththesellerandthepurchasercometothefollowingagreementonthecommercialhousepurchaseandsalesbasedontheprincipleofequality,freewillandnegotiation:ArticleOneProjectConstructionBasisSellergetstheuse-rightofthelandnumberedF4-2whichislocatedintheTianhaiAreainBinhaiStreetinHaikouCity.[ContractNo.ofland-userighttransferring][ApproveddocumentNo.ofadministrativeappropriationoftheland-useright][ApproveddocumentNo.ofadministrativeappropriationandgrantingofland-useright]isHaikoustate(2004)No.000344Theareaofthelandis27072.6㎡,andthespecifieduseistheurbanmixedresidentialland.ThelandusetermisfromtoOctober23,2064.Approvedbyauthority,sellerconstructscommercialresidentialhouses[presentname],[temporaryname]CoastNo.Oneonthelandabove,theNo.oftheconstructionprojectplanningpermitisHaikouCityPlanningPermitonConstructionNo.L20027AZ-0144,theWorkingPermitonConstructionNumbersare460100200304090101and460100200403220401.ArticleTwoBasisforCommercialHouseSalesThecommercialhouseboughtbythepurchaserisa[completedhouse][commercialhouseforpresale].ApprovingauthorityofcommercialhousesforpresaleistheRealEstateAdministrativeBureauofHaikouCity.ThepermitIDNo.ofcommercialhousesforpresaleis[2003]HousepresaleofHaikouCity(No.493).ArticleThreeBasicConditionsoftheCommercialHouseBoughtbythePurchaserThecommercialhouseboughtbythepurchaser(hereinafterabbreviatedasthecommercialhouse.ThehouselayoutisavailableinAppendix1,andthehousenumberissubjecttothepresentationofAppendix1)islocatedasstatedinthefirstarticleofthecontract:RoomNo.Aofthe11th[unit][floor]intheYitao[building][block].Thecommercialhouseisforresidentialusewithshearwallstructure;theceilingheightis3.1m.Thebuildinghas26floorsabovethegroundand1floorunderground.Thebalconyofthecommercialhouseis[closed][semi-closed].Theconstructionareaofthecommercialhouseaccordingtothe[contractualagreement][propertyownershipregistration]is282.22squaremeters,amongwhichtheindoorconstructionareais241.4squaremeters,theconstructionareaofthecommonareaandtheapportionedareais40.82squaremeters.(PleaserefertoAppendix2forinformationabouttheconstitutionofconstructionareaofbothcommonareaandapportionedarea)...ArticleFourPricingandPaymentThesellerandthepurchaseragreetousethefollowingNo.1and2pricingmethodofthecommercialhouse:1.Pricingmethodbasedontheconstructionarea.TheunitpriceofthecommercialhouseisRMB3578.77persquaremeter,andtheaggregateamountofpaymentisRMBonemillionandtenthousands.2.Pricingmethodbasedontheindoorconstructionarea.TheunitpriceofthecommercialhouseisRMB4183.93persquaremeter,andtheaggregate