Administrative Region: Lishui City. Project Name: Southeast Intersection of Liancheng Road and Baiqian Road, Lishui City. Project Location: Southeast Intersection of Liancheng Road and Baiqian Road. Supply Area (hectares): 5.860300. Stock Area (hectares): 0.550300. Land Use: V3-07010203. Supply Method: Auction. Land Use Period: 70. Industry Classification: Real Estate. Land Grade: Grade 10. Transaction Price (10000 yuan): 48700000000. Installment Payment Agreement. Payment Period. Payment Date Agreement. Payment Amount (10000 yuan). Remarks: Land Use Right Owner: Lishui Lvxin Real Estate Development Co., Ltd. Agreed Floor Area Ratio: Lower Limit: 1.846. Upper Limit: 1.847. Agreed Delivery Time: December 31, 2025. Agreed Start Time: Agreed completion time on December 1, 2026: November 30, 2029 Actual start time: Actual completion time: Approved by: Lishui City Contract signing date: April 14, 2025