Announcement on the Public Bidding for the 20-year Lease Right of the Property at No. 99 Changling, Group 4, Yunqi Village, Xianlin Street, Yuhang District, Hangzhou City (Last) 2022-04-15 StartFragment Hangzhou Yuhang Yunqi Stock Economic Cooperative will conduct a public bidding for the 20-year Lease Right of the Property at No. 99 Changling, Group 4, Yunqi Village, Xianlin Street, Yuhang 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 (except for delays). The following announcement is made: 1. The bidding subject: the 20-year Lease Right of the Property at No. 99 Changling, Group 4, Yunqi Village, Xianlin Street, Yuhang District, Hangzhou City, with a building area of approximately 270 square meters. 2、 The starting price for the first year's rent is 55000 yuan, with an increase of 2000 yuan or integer multiples, and a bidding deposit of 30000 yuan. The rent for the bidding subject is paid annually, with payment made before use. Bidders are required to pay the rent for the following year one month in advance. Every three years is a cycle, with the rent for the first three years remaining unchanged, and the rent for the next three years being the 5th% based on the previous cycle's rent, and so on. The performance bond for the bidding subject "House Lease Contract" (Attachment: "House Lease Contract Template") is 50% of the first year's rent. If the bidder does not breach the contract or other circumstances upon expiration, the bond will be refunded without interest. The rent shall be calculated from the date of signing the Lease Agreement between the bidder and the property owner. 3、 Disclosure of Major Matters: 1. The right to use the leased property in this case is for collective asset use and is not equivalent to an online judicial auction. The subject matter is tendered for lease based on its current condition. The actual area shall be based on the final calculated area, and any errors shall not affect the transaction price. 2. The rented property is located on the first and second floors and can be used for business operations, which must meet the licensing requirements of the market supervision department. At the same time, bidders for the above properties are not allowed to operate in the following industries: waste material recycling; Hazardous chemical sales industry; Funeral service industry; Car repair (washing) industry; Other industries that are prone to producing noise, exhaust gas, odors, flammable and explosive substances, as well as other industries that violate socialist ethics and legal prohibitions. 3. Decoration period: 3 months, rent free during the decoration period. At the same time, from the date of delivery of the leased property, the bidder shall bear the daily expenses such as water, electricity, gas, and property management fees. 4. After successful bidding, bidders must comply with the licensing requirements of market supervision departments, environmental protection and other competent departments for their subsequent business operations (corresponding business licenses must be obtained during the lease period), and are not allowed to operate without a license. 5. During the lease term of this bidding property, it is generally not allowed to transfer the leasing right, sublet or sublet; After the successful bidding, if the bidder needs to transfer the leasing right, sublease or subletting, they must obtain the written consent of the property owner, and also sign Annex 1: "Sublease Explanation Notice" with the property owner and file the sublease matters with the property owner for record; If the bidder transfers the lease right, subleases or sublets without authorization, the property owner has the right to terminate the "House Lease Contract" signed with the bidder at any time, confiscate the bidder's performance bond, order the bidder to move out within a specified period of time, and not make any compensation or indemnification to the bidder. Please be informed to all bidders! 6. After successful bidding, the bidder shall be responsible for the fire safety work and daily safety production work in the property, and shall assume corresponding responsibilities. Please be informed to all bidders! 7. This bidding property has not obtained a property ownership certificate