Administrative Region: Lishui City Project Name: South Side of Intersection of Donggang Road and Qinglin Road, Lishui City Project Location: South Side of Intersection of Donggang Road and Qinglin Road Supply Area (hectares): 7.945500 Stock Area (hectares): 0.659500 Land Use: V3-07010203 Land Supply Method: Auction Land Use Term: 70 Industry Classification: Real Estate Land Level: Level 10 Transaction Price (RMB 10000): 913 million Installment Payment Agreement Payment Period Number Agreement Payment Date Agreement Payment Amount (RMB 10000) Remarks Land Use Right Owner: Lishui ZheTuo Project Management Co., Ltd. Agreed Floor Area Ratio: Lower Limit: 1.785 Upper Limit: 1.871 Agreed Delivery Time: December 31, 2025 Agreed Start Time: 2026-12-01 Agreed completion time: 2029-11-30 Actual start time: Actual completion time: Approved by: Lishui City Contract signing date: April 14, 2025