Announcement Content Project Name: 1022.2 cubic meters of sand, gravel and soil transfer generated by the Hainan West (Lingao) Aquatic Products International Trading Market Project Project Project Number: QY202501HN1011-2. If no interested party is collected, the listing will be terminated. Starting date: May 6, 2025. Listing deadline: May 19, 2025. Brief introduction of the subject. The subject is located in the temporary storage site in Baoshe Village, Xinying Town, Lingao County. The number of the subject is the evaluation quantity (m3), the evaluation value (yuan/m3), the listing price (yuan/m3), and the deposit (yuan). The transfer of 1022.2 cubic meters of sand, gravel and soil generated by the Hainan West (Lingao) Aquatic Products International Trading Market Project is 1022.250 (excluding tax). The transfer of the subject is 40 (excluding tax) and 10000. The sandy soil is 1022.2m3 of sand, gravel, and soil generated from the Hainan West (Lingao) Aquatic Products International Trading Market project located in the Xinying Central Fishing Port of Lingao. Special Notice 1: The listed price is exclusive of tax. After the transaction, the transferee agrees to use the inclusive tax price as the settlement unit price, and the tax rate shall be subject to the value-added tax stipulated by the state. 2. The settlement amount for sand, gravel, and soil shall be based on the report issued by a third party commissioned, and shall be calculated by multiplying the settlement amount by the settlement unit price. Any excess shall be refunded and any shortfall shall be supplemented. 3. The transferee is responsible for organizing transportation vehicles and loading and unloading vehicles to the receiving location for receiving and disposing of the goods. During the receiving process, the transferee must use vehicles with complete procedures and equipment, and comply with relevant operational regulations required by industry departments. The safety responsibility for loading, unloading, transportation, and other operations during the entire process of receiving disposed items, as well as the responsibility for transportation road surfaces, shall be fully borne by the transferee, and shall not be related to the transferor. In addition, the transferee shall be responsible for all risks of the disposed items after they have been loaded onto the vehicle. 4. Receiving expenses: All costs incurred during the handling, transportation, and other handover processes of the disposed item shall be borne by the transferee. 5. Handover standard: In the handover of the disposed item, the transferee acknowledges the current condition of the disposed item as the handover standard. The transferor considers that the transferee has fully understood the current condition of the disposed item on site before bidding, and shall not raise objections to the current condition of the disposed item and refuse to accept it. After receiving it, the transferor shall not return it. From the date of signing the contract, it shall be deemed that Party A has completed the handover of the disposed items to the transferee, and the subsequent management of the disposed items shall be the responsibility of the transferee. 6. A performance bond of 10% of the total transaction price must be paid, which will be refunded without interest within 10 working days after all sand, gravel, and soil have been extracted and approved by the transferor. Evaluation Status Evaluation Price (yuan/m3) 50 Evaluation Benchmark Date December 16, 2024 Evaluation Institution: Hainan Ruize Land Real Estate Asset Evaluation Surveying and Mapping Technology Co., Ltd. Evaluation Report Number: Hainan Ruize Zi (2024) No. 014 Transferor Basic Information Transferor Name: Lingao County Infrastructure Development Holdings Co., Ltd. Unified Credit Code: 9146902868729821X4 Registered Address: Lingao County, Hainan Legal Representative: Wang Qunju Transferor Decision Document Lingao County Infrastructure Development Holdings Co., Ltd. Meeting Minutes of 2024 Issue 49 Approval or Filing Institution/Transferor Commitment This asset transfer is a true expression of the transferor's intention, and the ownership of the transferred assets is clear. The transferor is responsible for