Property Sale and Purchase
Contract
Party A: Hainan
Zhonghe Pharmaceutical Co., Ltd. (hereinafter referred as
“Party A”)
Party B: Hainan
Real Estates Co., Ltd. (hereinafter referred as “Party
B”)
This contract (hereinafter referred as
“Contract”) is made by and between Parties in
consideration of the property and based on the mutual covenants
contained herein, whereby the both parties agree as
follows:
Article I Through
friendly negotiations, Party A desires to sell to Party B the blow
properties:
1.1 The property
which is located at Standard Unit 1, No.3 US Industrial county,
Industrial Street, Haikou. The gross floor area of the property is
3,031 square meters, the transfer price is RMB1018 Yuan per
squatter meter, the total amount is RMB3,085,558.00 Yuan.
1.2 The property
which is located at Room 401, Unit 3, Building 1, Huaxia zhijia,
Youmin Middle Road, Chengdu City. The construction area of the
house is 67.5 square meters, the total amount is RMB
66,154.79 Yuan.
1.3 The property
which is located at Building 9, Baishayuan, Wuxi Road, Haidian
district, Haikou City. The construction area of the house is 292
square meters, the transfer price is RMB3500 Yuan per squatter
meter, the total amount is RMB1,022,000 Yuan.
1.4 The property
which is located at