Housing Ownership Certificate of the P.R.C

XXXReal Estate CertificateXXXzi(XXXX) No.XXXXXX

XXXXXXXXXX

Date of Issue:XX/XX/XXXX

In accordance with the

Constitution of the People's Republic of Chinaand the

Law of the People's Republic of Chinaon

the Administration of Urban Real Estate, in order to protect the legal rights and interests of the house-owners, the Real Estate listed on this Certificate, which was applied by the house-owner, is confirmed to be authentic, and it is hereby to issue this Certificate.

Issued by: Shanghai Land and Natural Resource House Management Bureau(Seal)