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2021WG002 Dongguan City State-owned Construction Land Use Right Online Listing and Sale Announcement
Approved by Dongguan Municipal People's Government, Dongguan Natural Resources Bureau and Dongguan Public **** Resources Trading Center decided to list and sell a state-owned construction land use right by online trading. The relevant matters are announced as follows:

First, the basic conditions and planning index requirements of the land to be listed for sale:

(a) 1. The infrastructure around the land has reached three passes, i.e., water, electricity and road; it is offered for sale according to the current status quo; 2. The land to be offered for sale will be delivered by the People's Government of Humen Town to the bidder in accordance with the current conditions of the land for use within 30 days after the transaction.

(ii) The bidding deposit is set at RMB 60 million. The bidding applicant's bidding funds (i.e., land price, including deposit) shall be its own funds, and shall not be bank loans, bond financing, trust funds, capital management plan allotment or insurance funds.

(C) Planning and construction requirements: 1. The bidder shall build according to the requirements of the Planning Conditions for Construction Land of Regulation No. 2020-03-1014; 2. The development and construction period of the land is 3 years, and the construction project of the parcel of land shall be commenced before June 8, 2022, and completed before June 8, 2025.

(d) The right holders of the land shall hold all of the gross floor area of the land. Among them, the property rights of not less than 51% of the total gross floor area (i.e. not less than 27,093 square meters of the total gross floor area) shall be held for a period of years consistent with the land use period registered on the real estate right certificate from the date when the right holder of the land obtains the certificate of acceptance of the completion of the project; and for the remaining property rights of the land, the period of years of self-holding shall be not less than 10 years from the date when the right holder of the land obtains the certificate of acceptance of the completion of the project. Years. The property rights property cannot be transferred in any way during the period of self-holding, and during the period of self-holding years, it is required to be registered as a whole, mortgaged as a whole, registered indivisibly, and mortgaged separately, and shall not be subject to the sales procedures (supervised by the departments of housing construction and housing management).

(e) If the bidder establishes a wholly-owned subsidiary, the wholly-owned subsidiary shall agree with the grantor to undertake all the rights and obligations of the Project Investment Agreement of the land by signing a supplementary contract.

(F) The project of the land shall meet the requirements of the city's current relevant policies on assembly building.

(vii) The bidder shall sign the Confirmation of Transaction Results within 3 working days after the closing of the listing of the land lot, and sign the Project Investment Agreement with the People's Government of Humen Town (supervised by the People's Government of Humen Town) before signing the Contract for Grant of the Right to Use State-owned Land for Construction with the Municipal Bureau of Natural Resources within 5 working days from the signing of the Confirmation of Transaction Results.

II. Qualifications and Requirements for Bidding:

Only banking and financial institutions registered with the Market Supervision Administration of Dongguan Municipality with independent legal personality are accepted to apply individually. However, the applicant has the following exceptions: ① Any violation of the land transfer contract agreement owes the land transfer price and laws and regulations provide otherwise; ② the executor of a breach of trust and the executor of a breach of trust, the legal representative, the main person in charge, the actual controller, and directly responsible for affecting the fulfillment of the debt.

Third, the state-owned construction land use rights online auction in accordance with the principle of the highest bidder to determine the selected bidder.

Fourth, the online listing activities through the Dongguan City public **** resources trading network (hereinafter referred to as "trading network") (/). The specific requirements of the online auction can be found in the "Construction Land Use Right Online Tender Notice", the applicant can download the notice of the auction, the notice and the relevant transaction documents in the trading system, and participate in the online bidding in accordance with the operating procedures set out in the above documents.

V. The deadline for application for registration and payment of deposit for the online public sale of state-owned land use rights is 17:00 on May 6, 2021, and the period for online quotation is from 9:00 on April 20, 2021 to 9:00 on May 8, 2021, and the period for online quotation is from 9:00 on April 20, 2021 to 9:00 on May 8, 2021.

VI. Other Matters to be Announced:

(a) The online auction of construction land use right only accepts online bidding, and does not accept other forms of bidding applications and bidding quotes such as telephone, postal mail, written and verbal.

(2) The payment period for the land premium is 90 days, payable in 2 installments, i.e. 50% of the land premium is paid within 30 days after signing the Contract for Granting the Right to Use State-owned Land for Construction, and all the land premium is paid within 90 days. (For the payment of the premium for the right to use state-owned land for construction in installments, the transferee pays the premium for the right to use the land for state-owned construction for the second installment according to the payment of the first installment of the land premium. When the transferee pays the second installment of the land use right for state-owned construction, the transferee shall pay interest to the transferor according to the People's Bank of China lending rate on the date of payment of the first installment of the land use right for state-owned construction. In addition to the land price, the bidder must also pay the following taxes and fees (tax standards are calculated in accordance with the current regulations, if there is any change, subject to the "2021WG002 Lot Land Use Right Grant Fee Reminder"): Deed Tax (3% of the transaction price), Stamp Duty (0.5 ‰ of the transaction price).

(3) After the land is sold, the transferee is required to pay the deposit (the amount of the deposit is equivalent to the amount of the security deposit, and the Dongguan Municipal Public **** Resource Transaction Center can be commissioned to convert the bidding deposit into a deposit for the land, and if the amount of the security deposit is less than 10% of the transaction price, the deposit will be set at 10% of the transaction price) within 10 years of signing the Contract for the Granting of the Right to Use the Land for Building Purposes. The deposit is credited to the construction land use right transfer price.