This Land Use Right Transfer Agreement (the “Agreement”) is entered into by and among [Sixiang International Co., Ltd.] (the “Party A1”) [Dunxin Financial Holdings Limited] (the “Party A2”, or "Dunxin Financial") and [Wang Ruoyao] (the “Party B”)in on Nov 13, 2023.
in view of:
Party A1 is a wholly-owned subsidiary of Party A2 (trading symbol: NYSE:DXF), a company listed on the New York Stock Exchange. Party B is the owner of land use right located in Xinzhou District, Wuhan City, China. Now Party A1 intends to carry out carbon neutral industrial operation by purchase of the land use right held by Party B.
In order to clarify the rights and obligations of both parties, the parties, on the basis of equal, voluntary and friendly negotiation, reach the following agreement on matters related to the transaction.
Article 1. The underlying assets of the transaction
1.1 The underlying assets of the transaction is the real estate (“Land”) located in Xinzhou District, Wuhan City, China (New 20070972, New 20070973) and its land use right (97) M2423008 (hereinafter referred to as "the Land Use Right"). .
1.2 Property area: Land Use Right certificate number is Xin 20070972, Xin 20070973, total construction area is 2,814.93 square meters; the land use certificate number is Xin National (97) M2423008, total area is 29,695.46 square meters (subject to the final real estate right certificate).The permitted purpose of the Land is for commercial use.
