Announcement on Auction and Transfer of State owned Land Use Rights by Foshan Natural Resources Bureau (TD [2025] (GM) WP0020) TD [2025] (GM) WP0020 On May 19, 2025, with the approval of the Foshan Municipal People's Government, Foshan Natural Resources Bureau has decided to auction and transfer the state-owned land use rights of one (1) plot of land. The relevant matters are hereby announced as follows: 1. Basic information and planning index requirements for auction transfer method of land parcel: Land parcel number: 440608001008GB10039 Total area of land parcel: 3331.55 square meters Location of land parcel: North of Dacheng Road and East of Haitian Avenue, Hecheng Street, Gaoming District, Foshan City Year limit: 40.00 Floor area ratio: ≤ 1.300 Building density (%): ≤ 40.000 Greening rate (%): 25.000 ≤ Building height limit (meters): ≤ 10.000 Main land use: Retail commercial land Use details: Use name Area Retail commercial land 3331.55 Investment intensity: Deposit: 8.25 million yuan Valuation report filing number: 4444525BA0018 Starting price: 27.5 million yuan Price increase: 300000 yuan Remarks: 1. Land use: Retail commercial land (land for gas stations). 2. The starting price for online auction of local blocks is RMB 27 million five hundred thousand (in words) (CNY27500000.00), with an increase of no less than RMB three hundred thousand (in words) (CNY30000.00) per auction, and a confidential reserve price is set. The online listing of state-owned construction land use rights in this area adopts an increase in price method for quotation, and the winning bidder is determined based on the principle of the highest bidder. 3. The bid security deposit for the land parcel is RMB 8250000.00 (in words: Eight Million Two Hundred and Fifty Thousand Yuan). If the bid security deposit is paid in US dollars, it shall be one million one hundred and fifty thousand US dollars (in words) (USD1150000.00); If the bid security deposit is paid in Hong Kong dollars, it is eight million nine hundred and fifty thousand Hong Kong dollars (in words) (HKD8950000.00). 2、 Legal persons, natural persons, and other organizations both within and outside the People's Republic of China may apply to participate. Applicants can apply individually or jointly. Other conditions that the applicant should meet: (1) The land bidder must be an independent accounting legal person company, and unless otherwise stipulated by laws and regulations, they can bid independently or jointly. （2） Participants in the online auction of this land must use a digital certificate. （3） Units or individuals listed on the blacklist of land transactions by the natural resources management department and the Foshan Intermediate People's Court, who are subject to enforcement or confirmed as dishonest by relevant credit reporting agencies; Land use rights holders whose land is idle or has not been fully disposed of due to their own reasons are not allowed to participate in the online auction and transfer activities of the land parcel. If it is found that the applicant has engaged in the above-mentioned illegal, irregular and breach of contract behaviors and still participates in bidding, and ultimately obtains the land use right, after verification by relevant departments, the winning result will be invalid, and the auctioneer will cancel their bidding qualification and confiscate the bidding deposit they have paid. 3、 The auction of state-owned land use rights this time adopts the method of increased price auction, based on the highest price