1 Project General
　 
　 1.1 Project No.: 112

　 1.2 Project Contact Unit: Mashan Civil Affairs Bureau

　 1.3 Negotiating Representative: Huang Yalan

　　 Tel.: +86-771-6822668(O)

　　 Fax: +86-771-6825831

　　 E-mail: hyalan635@163.com

　　 Add: Civil Affairs Bureau, Guangxi 530600

　 1.4 Project Site: North of Mahsan General Bus Station

　 1.5 Total Investment: USD 1.6 million

　 1.6 Anticipated Economic Benefit: with an annul profit of RMB 1.2 million yuan, with an investment recovery period of 8 years.

　 1.7 Pattern of Cooperation : Transfer of assets.

　 1.8 Progress of Project Preparation: Principal part of the building has been completed and exterior finishing work is completed.

2 Project Scope, Size and Capital Compositions 
　
　 2.1 Project Scope and Size

　　 The building has 12 storeys , taking up a land area of 2583.75m2, of which 933.21m2 is capital construction and 7225.75m2 is construction area. The ground floor can serve as a supermarket, and second floor as restaurant. There are a total of 80 rooms from third to tenth floor. The rooms ( one small and one large)on the eleventh floor can serve as meeting rooms. Outdoor parking area is available.

　 2.2 Capital Compositions: The total investment is RMB 13.oo million yuan and it is expected to introduce as much as RMB 13 million yuan.

3 Brief Introduction of the Project Contact Unit
 　
　　Mashan Civil Affairs Bureau is a functional department of Mashan Government.

4 Project Market Analyses
　
　　After completion of the interior decoration, the building can serve as a hotel and can earn a profit of over one million yuan each year.

5 Supporting Facilities for the Project
 　
　　It is located at the junction point of 210 national highway and the provincial Binyang Dahua highway, only 5 km away from the Nanning – Hechi Shuiren Expressway. The traffic conditions and communications are very favorable. Water and power supply is guaranteed.

6 Project Competitive Advantages
　
　 6.1 Applicable Preferential Policies

　　 The project is entitled to various preferential policies of Mashan. 。

　 6.2 Other Advantages of the Project

　　 The project is the symbolic building of Mashan, located in the business and service center of Mashan County Seat.