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According to the “Constitution of the People's Republic of China”and the“Law of the People's Republic of China relating to Administration of Urban Real Estate”, to protect the legal interests of the house owner who applied to register, the real estate listed here was proved to be authentic. Hereby is the certificate.

Issue By: The People's Government of Kaihua County (Seal)

House owner

***

House Location

******

Land No.

Classification

private

Condition of

property

Building Number

Room Number

Structure

Total floors

Owner's floor

Gross area

(squaremeter)

Designed purposes

321

mix

73.84

Residence

322

mix

81.20

Residence

421

mix

94.60

Residence

441

mix

139.25

Residence

Other owners: ***

Ownership Registration No. from: to:

Land Use Summary

Land Permit No

Use area （square meter）

The Nature of Right

Service Life

From Year Month Day

To Year Month Day

Additional Rights

Claimants

Right kind

Right range

Right value(CNY)

Enactment date

Agreement time limit

Cancel date

***

mortgage

***

10/10/2002

10/10/2012

6/12/2007

***

mortgage

***

6/21/2007

6/21/2008

6/28/2008

***

mortgage

***

6/18/2008

6/15/2011

2/22/2010

Explanatory note

***

Issue licence Office chapter

Date of issuing licence: 2003-04-30

Plane figure of the real estate

Plane figure NO:______________

Scale

Points of Attention

1. This certificate is a legal document to certify the real estate ownership. The real estate ownership is under the protection of the laws of the People’s Republic of China.

2. The real estate owner shall strictly observe the laws, regulations and rules related to real estate of the country.

3. The oblige shall apply a registration to the property right registration office of local people’s government where the real estate locates by holding relevant certificate in the specified period of time for the following conditions; the transfer of the real estate (result from buying or selling, exchange, conferment, succession, property division, assignment, transfer, court decision etc.);alternation conditions (the change of the legal name of real estates obligee or the change of the street where the house locate and the house number, the change of present condition due to partial construction, remove, collapse, burn down of the house); establishment of other rights (right to mortgage, right to pawn of the real estate etc.);rights for the real estate terminate owning to loss of house or land, the expiration of usable period of the land and the termination of other rights etc.

4. Any other units or individuals other than the certificate-issuing office and filling-in unit shall nor make registration or stamp their seals on this certificate.

5. Holder of the real estate ownership certificate shall bring forth this certificate when the administration department of real estate needs to check the property right due to the need of work.

6. This certificate shall be under proper keep. The loss and destroy of the certificate shall made a report and apply for re-issue promptly.

NO.:00015728