Sales Contract for Commercial Office Property between Chongqing Yinxin Realty Development Ltd. and Chongqing Qianbao Technology Ltd.

Contract Categories: Business Operations › Sales Agreements
Summary

Chongqing Yinxin Realty Development Ltd. (the seller) agrees to sell a commercial office property located at No. 78, 1st Yanghe Village, Jiangbei District, Chongqing, to Chongqing Qianbao Technology Ltd. (the buyer). The property covers 143.78 square meters and is intended for office use. The total purchase price is 575,120 yuan, calculated based on the construction area. The contract confirms the legal status of the property, its land tenure until May 21, 2037, and the transfer of ownership upon completion of payment and legal formalities.

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EX-10.3 10 v052159_ex10-3.txt Sales Contract of Commercial Housing 3-2 The two parties: Party A (seller) Chongqing Yinxin Realty Development Ltd. ---------------------------------------- Registered Address: 13th Floor, No.39, Postal Code: 400010 ------------------- ------ Wusi Road, Yuzhong District, Chongqing -------------------------------------- Business Corporation License No.: Qualification License No.: 5000002102555 0320235 ------------- ------- Legal Representative: Zhaowen Tan Contact Tel: 67732651 ------------- -------- Authorized Proxy: Contact Tel: 67732998 -------- Authorized Agent: Qualification License No.: Registered Address: Postal Code: Legal Representative: Contact Tel: Party B (buyer) Chongqing Qianbao Technology Ltd. --------------------------------- Business Corporation License No.: 5001052107163 Nationality: Chinese ------------- Address: 11th Floor, No.78, 1st Yanghe Village, Jiangbei District, Chongqing ------------------------------------------------------------------- Postal Code: 400020 Contact Tel: 67757997 ------ -------- Authorized Agent: Li Bao Nationality: Chinese ------ ------- Address: 4-12, No.146, Zhangjia Garden Street, Yuzhong District, Chongqing ----------------------------------------------------------------- Postal Code: 400010 Contact Tel: 60599298 ------ -------- According to the Contract Law of PRC, Management Law of Realty of PRC and other relevant law and regulations, on the basis of equal, voluntary and consentaneous, both parties sign this contract regarding the sale of commercial housing. Article I. Usufruct status of this commercial housing and title of the item The land tenure of this commercial housing is obtained by transfer and has been legally registered as well as conferred the realty title deed with the No. of (97), 00428 and 1663. Acreage of the land is 4242m(2); purpose of layout is integration; expiration of the land tenure is May 21st, 2037. The title of this commercial housing is Chongqing International Chamber of Commerce. The construction project layout license No. is 0249 and execution No. is 94-40. Article II. Sale proof of this commercial housing The commercial housing sold by Party A is the following item 1: 1. Marketable housing. Realty title deed No.: 10552 ----- 2. Futures marketable housing. Futures marketable housing License No. , approval authority . --------- ----------- Article III. Basic status of the commercial housing purchased by Party B Location: No. 78, 1st Yanghe Village, Jiangbei District - --------------------------------------------------------------------------------
No. Type Construction acreage (m(2)) of Room of ------------------------------------- Unit Building stories Cell Floor No. Structure flat In wrap apportionment Subtotal Price Use - ----------------------------------------------------------------------------------------------------------------------- 32 13 1-2 ferroconcrete 105.86 37.92 143.78 5432.84 office
Article IV. Calculation mode and price Both parties agreed to use the first mode of the following to calculate the price of commercial housing: 1. Calculated by in-wrap construction acreage, the total sum of this commercial housing is (yen)575120.00. --------------- 2. Calculated by cell, the total sum of this commercial housing is . --------- Party A Party B