Exhibit 10.1
PEOPLE'S REPUBLIC OF CHINA
LAND LICENSE
PEOPLE'S REPUBLIC OF CHINA
LAND RESOURCE BUREAU /LAND LICENSE SEAL/
1
User Changzhou Broadway Business Development Co., Ltd
--------------------------------------- ------------------------------------------------
Location East to Huangshan Road, South to Zhunan Road,
Xinbei District, Changzhou City, G20-11-1-3
--------------------------------------- ------------------------------------------------
Purpose Residence
--------------------------------------- ------------------------------------------------
Area 75596.97m2
--------------------------------------- ------------------------------------------------
Commencement 2000/9/4
--------------------------------------- ------------------------------------------------
Termination Date 2070/9/4
--------------------------------------- ------------------------------------------------
/seal/ Changzhou Land Resource Bureau
------------------------------------------------
2
Conditions:
1. Institutions or individuals use of the state owned land shall be according
to the Chinese Law.
2. From (Land Management Law P.R. China) item 11:
- Ownership and use of land is only be permitted when it has been
registered and approved and the license obtained
3. From (Real Estate Management Law P.R. China) item 59:
- If the purpose of the land lease has changed according to Chinese
Law, a new license must be obtained
4. From (Land Management Law P.R. China) item 12:
- The registered right and ownership of the land is protected by
Chinese Law
5. From (Land Management Law P.R. China) item 17
- According to the rules of Land Management Law P.R. China and the Real
Estate Management Law P.R. China, once registration is approved,
a license will be given
/Changzhou Government Seal/
3