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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 NN

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