Administrative Region: Beihai City Project Name: Beihai Minfu School Sports Field Stand, Auxiliary Building, Student Bicycle Parking Lot Project Location: West of Wuhan Road, North of Jiangsu Road Supply Area (hectares): 0.986179 Stock Area (hectares) Land Use: V3-080403 Land Supply Method: Agreed Transfer Land Use Term: 50 Industry Classification: Education Land Level: Level 3 Transaction Price (RMB 10000): 999000000 Installment Payment Agreement Payment Period Number Agreed Payment Date Agreed Payment Amount (RMB 10000) Remarks Land Use Right Owner: Haicheng District Minfu School Agreed Floor Area Ratio: Lower Limit: Upper Limit: 0.900 Agreed Delivery Time: May 11, 2025 Agreed Start Time: May 11, 2026 Agreed Payment Date Agreed Payment Amount (RMB 10000) 11 Agreed completion time: May 11, 2028 Actual start time: Actual completion time: Approved by: Beihai Municipal People's Government Contract signing date: April 14, 2025