Administrative Region: Min County Project Name: Min County Hongxinchang Real Estate Development Co., Ltd. Project Location: Located in Changhong Village, Minyang Town, Min County, with four boundaries: east to Hongxinchang Real Estate Co., Ltd. land boundary, south to vacant land, west to planned road red line, north to Hongxinchang Real Estate Co., Ltd. Land boundary Supply Area (hectares): 1.905683 Stock Area (hectares): Land Use: V3-07010203 Land supply method: Listing for sale Land use period: 70 Industry classification: Real estate Land level: Second level Transaction price (RMB 10000): 894 million Installment payment Agreed payment period number Agreed payment date Agreed payment amount (RMB 10000) Remarks Land use right holder: Minxian Hongxinchang Real Estate Development Co., Ltd. Agreed plot ratio: Lower limit: 1.000 Upper limit: 3.273 Agreed land delivery time: May 30, 2025 Agreed start time: October 24, 2025 Agreed completion time: October 23, 2027 Actual start time: Actual completion time: Approved by: Minxian People's Government Contract signing date: April 23, 2025