Chengdu Xiangkuang Real Estate Co., Ltd., an indirect non-wholly owned subsidiary of Minmetals Land Limited, has entered into Funds Collection Agreements with Shengshi Guangye and Xiangcheng Yingchuang. Under these agreements, Chengdu Xiangkuang will transfer funds amounting to RMB28,941,751.93 for Shengshi Guangye and RMB27,806,781.27 for Xiangcheng Yingchuang. Shengshi Guangye is an indirect wholly-owned subsidiary of Minmetals Land Limited.
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