the principles of equality, voluntariness, compensating and good faith, the
transferor and the transferee entered into this agreement.
tansfers to transferee the land located in Jinxing Industrial Park (See the
layout). The land size is 32,000 square meters. Refer to Land Boundary Drawing
for the boundary and the boundary site coordinates.
under this agreement is used for development and construction.
agrees to transfer the land to Transferee before June 7th, 2004,
when the water, electric and road around the land are availale to
duration of the land use right under this agreement is Fifty years since the
signing date of this agreement.
purchase price for the Land is RMB 5,248,000 (RMB 164 per square
shall pay RMB 2,000,000 to Transferor as initial payment within ten days after
signing of this agreement.
ten days after signing of this agreement, both transferor and transferee shall
conduct on-site measurement on boundary posts based on coordinates marked in
Land Boundary Drawing. Transferee shall protect boundary posts and is forbidened
to change the boundary posts. When boundary posts are damaged or moved away,
Transferee shall immediately send written notice to Transferor and apply
measurement to recover boundary posts.
shall pay the remainer of the total purchase price when transferee applies the
is under obligation to assist Transferee in applying land registration and
obtain Land Use Certificate and land use right. Transferee shall afford the
expense related to application of Land Use Certificate.
agreement is executed in three copies with the same legal effect, with two pages
in each copy. Transferor and Transferee hold one copy each. The original copies
of this agreement are in Chinese. The amount in this agreement shall be in both
traditional Chinese characters and numerals. The traditional Chinese characters
shall be in line with numerals. If there is any difference about the amount,
both parties shall take traditional Chinese characters as the acurate
the matteres not covered in this agreement, both Transferor and Transferee shall
stipulate in the additional document as the attachment to this agreement. The
attachment has the same legal effect with this agreement.
Jinxin Village, Songbei Township, Daowai District, Harbin City