CONTRACT FOR LAND CONTRACRTING
Exhibit 10.4
CONTRACT FOR LAND CONTRACRTING
No.: ______________________
Party A (Contract-Issuing Party): Shuguang Village Shuguang Station
Name of Legal Representative: Li Hongbo
Party B (Contracting Party): Shuguang
Name of Legal Representative: Ma Sanlin
In accordance with the provisions of the Regulations of Heilongjiang Province on Management of Rural Cooperative Economic Contracting Contracts, and in order to maintain the lawful rights and interests of the Parties hereto, the Parties shall conclude and enter into the Contract in line with the principles of equality, free will, and negotiation-based consensus.
I. | Party A contracts the following land to Party B for production and business operation during the period of from Jan. 1, 2018 to Dec. 31, 2023, namely the contracting period is six (6) years. |
Unit: Hectare | Yuan | ||||
Name of land plot | Grade | Area | Unit price | Amount | Remark |
South of the large parcel of land in Shuguang Brigade | 1.8 | 7500 | |||
Total | RMB13500 |
II. | Mode of payment of the Contracting Party (or the date of payment): The land rent shall be paid once every year, and shall be paid before every January 1. |
III. | Other matters determined by the Parties through negotiation: Where the country provides other subsidies besides normal subsidies, such other subsidies shall be owned by Party B. |
IV. | The Parties shall jointly observe the above clauses. Where any economic losses are caused for reason of breach of contract, the responsible party shall undertake such economic losses. |
The Contract is made in three (3) copies, and shall be effective from the date of contract signing to Dec. 31, 2023.
Party A (Public Seal): Li Hongbo | Party B (Seal) |
Party B’s Legal Representative (Seal): Ma Sanlin | Attestation Organ (Seal) |
Date: | Date: |