Fas e488 Fe als PML RR RA)
LHe AR A AIFS
Contract of Land Lease between South Africa Nyadeni
Kingdom and South Africa Honglin Investment (PTY) Ltd
Hy, WAR /ew ae EH
Part A; NYANDENI KINGDOM OF SOUTH AFRICA
ZA: MARMLARBIEA IRA
Part B: SOUTH AFRICA HONGLIN INVESTMENT (PTY) Ltd
AN ELDANLAR LS, BAMA A, AAA BA
eGUILL, PSEC RR SAT A SSE Ei,
SRRR WAUAR, AR PARAL:
In order to clarify the rights and obligations of both parties, and
in accordance with the principle of reciprocity and mutual benefit,
South African Honglin Investment Co., Ltd. is willing to work with
the Kingdom of Nyandeni;South Africa, to reach the following land
lease contracts for the local economic development and benefit the
local people.
MUN 1—\. FABRE] Scope of Lease
JEMAEE BEA MUSMLUE 10000 AHURA, 2 30 ABA
HEPHER MISES. 30 ZA HL WLP AR BA AB ER oh JE LA J EDL
SPACED RA LEAD, AR USAT LP
10000 hectares of land and 30 kilometers of coastline and adjacent
waters near St. John's Harbor in the Nyandeni Kingdom .The 30 km
coastline and adjacent sea area are determined by the Kingdom of
Nyadeni and South Africa Honglin Investment Co., Ltd., excluding
private land and coastline.
=. #AWFEHE — Lease Boundary
WLW TA Re TUITE LEAR AE, HELE aR ete
Ayes WALA EE, BA PRLS ES
The red line drawn after the two sides agreed upon shall prevail, See
the red line chart for details. The red line diagram has the same legal
status as the annex of the contract after it has been agreed upon.
=. ARI, EHIME RAINE:
Lease Term, Land Compensation and Payment Method:
1, UGE A FROIN Dn 30 4E, HEE 20 4, it 50 4. 50 ENE
Bi, SAR DEAE RA
NUN i s‘The term of the lease contract is 30 years, and thereafter it will be
renewed for 20 years, totaling 50 years. After the expiration of the 50
year period, the parties concerned may renew the lease contract
within the agreed time limit.
2. AEN EHUTTR: LMT 10000 Ai; 30 AHCI TEE
BAER. HSM LARAMIE
The area of the leased land is 10000 hectares, and 30 km long
coastline and ailjaceat sea area.Please refer to the scope of the above
red line diagram.
3. AMR Re. TLE Sri RE MERU FLABM
A, Ze REESE HED AM eK 100 73 eH TT ee
JE) OTR AR A H] DOMED BO PLL ER
ZARB 100 75 HELM EK
During the construction period, Party B shall pay Party A 1 million
Rand per year for land compensation after the completion of the red
line drawing and the corresponding license required for the project.
‘After the completion and operation of the project, Party A holds 25%
of the shares of the joint venture company, including the cost of
leasing land by Party B, ahd Party B will no longer pay the land
compensation .
Be
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