On April 15, 2025, Hangzhou Linping Nanshan Forest Farm Management Co., Ltd. will publicly bid on the 3-year lease right project for the business premises located at 598 and 600 Qiushan Street, Donghu Street, Linping District, Hangzhou City. The bidding subject is the 3-year lease right project for the business premises located at 598 and 600 Qiushan Street, Donghu Street, Linping District, Hangzhou City, on the Alibaba asset disposal platform from 10:00 am on April 27, 2025 to 10:00 am on April 28, 2025 (excluding delays). The bidding is hereby announced as follows: 1. The bidding subject is the 3-year lease right for the business premises located at 598 and 600 Qiushan Street, Donghu Street, Linping District, Hangzhou City. Building area: 152.86 square meters. The starting rent for the first year is 95411 yuan, and the bidding deposit is 50000 yuan. 2、 Price increase for the subject matter: 3000 yuan or multiples. The rent for the subject matter is paid annually, with a 5% increase in rent every two years. The performance bond of the lease contract is 30% of the first year's rent. 3、 Disclosure of Major Matters: 1. The bidding for the leasing and use rights of this property is for the leasing and use rights of state-owned assets, and is not equivalent to online judicial auctions. The subject matter will be auctioned as is. 2. Purpose of the house: Business office, supporting commercial facilities in the community, except for catering, hotels, entertainment (including but not limited to foot baths, bathhouses, chess and card rooms). 3. During the production and operation process of the project, it shall not affect the normal life of surrounding residents, and shall not engage in any illegal business activities. Otherwise, the property owner has the right to terminate the lease contract. Whether the business project engaged in can pass the approval of various departments such as market supervision, environmental protection, fire safety, health, education, and urban management, and whether relevant licenses and permits can be obtained, bidders shall confirm with relevant functional departments on their own. The property owner does not promise nor assume corresponding responsibilities. 4. The area of the house shall be subject to transfer, and any difference in area shall not change the annual rental transaction price of this bidding. 5. The actual delivery time of the house shall be subject to the signing of the house lease contract and the handling of the handover procedures. 6. For other specific matters, please refer to the template of the "House Lease Contract". Bidders who register to participate in this bidding must fully agree to and fulfill all the terms of the lease contract, and may not raise objections or modify relevant terms after the bidding is successful. 4、 Payment and disposal of deposit: a) The bidder shall register in real name on Taobao and Alipay before bidding, and after successful registration, please follow the prompts of Taobao and Alipay. All bidders who participate in the auction must ensure that they have sufficient auction security in their Alipay account. Before the bidder confirms their bid for the subject matter for the first time, they should register and pay a deposit according to the prompts in the Taobao system. b) After the bidding ends, the frozen deposit of the winning bidder of this subject matter will be automatically converted into a portion of the transaction amount and cleared to the designated bank account of the entrusting party. The deposit of other bidders will be unfrozen and refunded within three days after the bidding ends. During the period of frozen margin, no interest will be charged. c) Bidders participating in bidding and paying the deposit may encounter situations where the daily limit cannot be paid. Bidders are advised to choose an online recharge bank based on their own situation. If you encounter any issues with deposit delivery, you can also consult Taobao. Taobao customer service hotline: 400-822-2870, 09:00