Announcement Content: Project Name: 1254.1 cubic meters of sand, gravel, and soil generated by the renovation project of Lantang Village in Wenlan River, Lingao County. Project Number: QY202501HN1012-2. If no interested party is collected, the listing will be terminated. Starting Date: May 6, 2025. Listing Deadline: May 19, 2025. Brief Introduction: The project is located near Lanqin Village, Lincheng Town, Lingao County. Number: The name of the project. Evaluation Quantity: (m3) Evaluation: (yuan/m3) Listing Price: (yuan/m3) Deposit: (yuan) 1. Transfer of 1254.1 cubic meters of sand, gravel, and soil generated by the renovation project of Lantang Village in Wenlan River, Lingao County. Transfer of 1254.152 (excluding tax) 41.6 (excluding tax) 13000 units of sand and soil. The 1254.1m3 of sand, gravel, and soil generated by the renovation project of the Lantang Village section of the Wenlan River in Lingao County, located near Lanqin Village in Lincheng Town, Lingao County. 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) 52 Evaluation Benchmark Date: November 22, 2024 Evaluation Institution: Hainan Ruize Land Real Estate Asset Evaluation Surveying and Mapping Technology Co., Ltd. Evaluation Report Number: Qiong Ruize Zi (2024) No. 011 Transferor Basic Information Transferor Name: Lingao County Infrastructure Development Holding Co., Ltd. Unified Credit Code: 9146902868729821X4 Registered Address: Lingao County, Hainan Legal Representative: Wang Qunju Transferor Decision Document Lingao County Infrastructure Development Holding Co., Ltd. Meeting Minutes of 2024 Issue 52 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. Fang has full disposal rights over the asset; transfer