BUILDING LEASING AND PROPERTY MANAGEMENT AGREEMENT
This Agreement is executed by Party A and Party B on August 1, 2000 in
Shijiazhuang:
PARTY A: HEBEI COMMUNICATION SERVICE COMPANY
Address: 220 Qing Yuan Jie, Shijiazhuang
PARTY B: HEBEI MOBILE COMMUNICATION COMPANY LIMITED
Address: 220 Qing Yuan Jie, Shijiazhuang
WHEREAS:
1. In order to develop its communications business and engage in
normal production and operating activities, Party B needs to lease from
Party A certain buildings and auxiliary facilities owned, or leased
from a third party, by Party A.
2. Both Parties agree that Party A shall provide Party B with building
leasing and property management services in accordance with the terms
and conditions of this Agreement.
THEREFORE, Party A and Party B have reached the following Agreement in
the principle of equality, mutual benefit and fairness through friendly
consultations:
ARTICLE ONE LEASED PROPERTY
1.1 Buildings and other properties to be leased by Party A to Party B
hereunder include all or part of the following:
1.1.1 Buildings in respect of which Party A has title certificates;
1.1.2 Buildings in respect of which Party A does not have title
certificates but has obtained use right under relevant
documents and agreements;
1.1.3 Buildings under Party A's actual control and use
notwithstanding disputes over their ownership or title due to
historical or other reasons;
1.1.4 Temporary fixtures for which Party A has obtained legal use
right.
1.1.5 Buildings or transmission masts owned by Party A; (buildings
under 1.1.1 to 1.1.5 above, "Party A's Own Property")
1.1.6 Buildings leased by Party A from a third party, in respect of
which Party A has the right to sub-lease to Party B ("Party
A's Subleased Property").
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1.2 Party A agrees to deliver to Party B the above buildings together with
their existing auxiliary facilities, such as water, electricity,
heating, power and other utilities, and to concurrently provide
property management services for the buildings leased to Party B
hereunder; provided that, Party B shall pay the relevant fees and
charges in accordance with the terms of this Agreement and applicable
standards stipulated by relevant government authorities.
ARTICLE TWO SCOPE AND PURPOSE OF LEASE
2.1 Party A agrees to lease buildings and their auxiliary facilities (the
"Leased Property") to Party B in accordance with the terms and
conditions of this Agreement. Party B agrees to lease from Party A the
Leased Property in accordance with the terms and conditions of this
Agreement and accept property management services provided by Party A
hereunder.
2.2 Party B shall use the Leased Property for placing communications
equipment, office use, conducting business operations or carrying out
other legal activities and shall not alter the use of the Leased
Property or sublease them without Party A's consent thereto.
ARTICLE THREE DELIVERY OF LEASED PROPERTY
Party A shall clean up and deliver the Leased Property to Party B upon
execution of this Agreement. The Leased Property, upon delivery, shall be in
good conditions satisfactory to the requirements of Party B.
ARTICLE FOUR PAYMENT OF RENT, PROPERTY MANAGEMENT FEE AND RELEVANT FEES
4.1 The rent of the properties Party B leases from Party A and other
related fees shall be determined by the Parties on the basis of the
market price prevailing throughout Hebei Province. The standards of the
rent and property management fee shall be on the basis of the local
market price. Water and electricity fees shall be calculated by the
actual consumption and in accordance with the relevant national
regulations and shall be charged on the basis of the market price.
4.1.1 Party B agrees to pay Party A rent for Party A's Own Property
and the auxiliary facilities, charges for use of relevant
facilities and equipment, as well as property management fee
as agreed upon by the Parties in this Agreement.
4.1.2 Party B shall pay, within 10 days upon the execution of this
Agreement the rent and the property management fee for the
period from August 1, 2000 to December 31, 2000 for the Leased
Property and the auxiliary facilities. Party A and Party B
agree that the rent shall be paid on a semi-annual basis
beginning from 2001. The Parties shall
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complete the verification of specific items and amounts of the
rent by March 15 and September 15 each year. The rent of the
Leased Property and the property management fee payable for
the first half and second half of the year shall be paid by
Party B to Party A on or before March 25 and September 25,
respectively. Party A shall provide Party B with valid
invoices in respect of such payment upon the settlement.
4.1.3 Party B shall pay the rent in accordance with the provisions
of this Agreement prior to the expiry of the payment period as
agreed upon by the Parties. If Party B fails to fulfill its
obligation of payment stipulated in this Agreement, Party B
shall be charged a surcharge of 0.03% of the overdue and
unpaid amount per day until Party B have fulfilled such
obligations; in the event that Party B fails to make the
payment as stipulated in this Agreement for two months, Party
A shall have the right to terminate the lease to Party B of
the relevant part of the Leased Property, but other parts of
this Agreement shall remain valid.
4.1.4 Party A shall pay the taxes and expenses in respect of the
lease of Party A's Own Property.
4.2 Payment of rent and related fees for Party A's Subleased Property
In respect of Party A's Subleased Property, Party A shall advise Party
B the rent, the time of rent payment and the method of payment agreed
upon by Party A and the third party from whom Party A subleases such
property. Party B shall pay such third party directly such rent at such
time and in such method as advised by Party A.
ARTICLE FIVE USE, INCREASE AND DECREASE OF LEASED PROPERTY
5.1 Party B shall have the right to occupy and enjoy the use of the Leased
Property and the auxiliary facilities without interference in
accordance with the provisions of Article 2 during the term of this
Agreement.
5.2 According to its business needs, Party B may request Party A to
increase or decrease the amount of the Leased Property and Party A
shall give its consent if conditions permit. The Parties shall then
re-determine the rent and other related fees on the basis of the amount
and quality of the increased or decreased Leased Property.
ARTICLE SIX FITTING-OUT AND RENOVATION;
ADVERTISING ON LEASED PROPERTY
6.1 Party B has the right, upon Party A's written consent and at its own
expense, to conduct any fitting-out, installation, change or
improvement inside or outside the Leased Property; provided that, Party
B shall ensure that:
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(1) Such fitting-out, installation, change and improvement will
not in any essential way change the nature of the Leased
Property;
(2) Any construction project relating to such fitting-out,
installation, change and improvement will be conducted in an
appropriate way so that all the people and properties are
protected and the businesses of Party A in the nearby area
will not be unreasonably disturbed;
(3) In the event that such fitting-out or renovation work
endangers or causes any potential danger to the safety of the
original structure, Party B shall reinstate the Leased
Property and make compensation for the corresponding losses,
if any.
6.2 Party B may, to the extent that it will not infringe upon Party A
interests, promote its enterprise image and businesses by hanging or
posting promotional materials or in other legal ways on the side walls
of the Leased Property; provided that such promotion activities shall
not exceed the limits of the Leased Property. The Parties shall specify
the scope of such promotion activities and locations allowed for such
promotion materials when entering into lease of the Leased Property.
Upon termination of this Agreement, Party B shall reinstate the Leased
Property at its own expense and return the Leased Property to Party A;
or, Party B shall return the Leased Property as fitted out and
renovated, in which case Party A shall make appropriate compensations
to Party B.
ARTICLE SEVEN MAINTENANCE, REPAIR, REPLACEMENT
AND IMPROVEMENT OF LEASED PROPERTY
7.1 Party A shall conduct routine maintenance, repairs, replacement and
improvement of the Leased Property and the auxiliary facilities at its
own expense; provided that, expenses incurred from maintenance and
repairs resulted from inappropriate use by Party B shall be borne by
Party B.
7.2 Party A shall immediately repair any damage to the Leased Property not
caused by Party B, exert its utmost efforts to ensure the normal use
by Party B of the Leased Property and bear the expenses in connection
therewith. In the event that such an instance occurs and , in Party
B's judgment, the damage is so serious as to affect the normal use of
the Leased Property by Party B, Party B may select to issue a written
notice to Party A, requesting to suspend or terminate the lease of the
damaged part of the Leased Property, in which case Party B need not
pay the rent for the damaged part of the Leased Property beginning
from the occurrence of such damage.
7.3 Party B shall repair or compensate for damages caused by it to the
Leased Property and the relevant constructions or other facilities of
Party A and bear the expenses. In the event of such an instance, Party
A, judging from the seriousness of the damage, may have the option to
issue a written notice to Party B, requesting to suspend or terminate
the lease of the damaged part of
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the Leased Property, to which Party B shall give its consent, in which
case Party B shall pay the rent due and payable prior to such
termination for the damaged part of the Leased Property and other
relevant charges.
ARTICLE EIGHT TERM, CANCELLATION AND RENEWAL OF AGREEMENT
8.1 This Agreement, upon execution by the authorized representatives of the
Parties and affixing with their official seals, shall come into effect
on August 1 and expire on July 31, 2001. Unless otherwise stipulated
in this Agreement, neither Party shall terminate the Agreement prior
to the expiration of the lease term.
8.2 Unless otherwise stipulated in this Agreement or with Party B's prior
written consent, Party A shall not terminate this Agreement prior to
the expiration of the lease term hereunder. According to its actual
needs, Party B may terminate or partially cancel this Agreement prior
to the expiration of the term of this Agreement upon three month prior
written notice to Party A. Within seven days after the early
termination or partial cancellation of this Agreement, Party A shall
refund Party B, out of the rent and property management fee already
paid by Party B, the rent of Leased Property in respect of which the
lease has been terminated or cancelled before its expiration for the
period between the date of such earlier termination or cancellation of
the lease and the scheduled date of its termination hereunder.
8.3 In respect of Party A's Own Property, this Agreement shall be
automatically extended for one year upon the expiration of its term,
unless Party B indicates otherwise in writing. The times of such
extension shall be unlimited. In respect of Party A's Subleased
Property, so long as the lease between Party A and the original lesser
remains effective or extendable, this Agreement shall be automatically
extended for one year upon the expiration of its term (the times of
such extension shall be unlimited), unless Party A indicates in writing
of its intention to terminate this Agreement three months prior to the
expiration date hereof.
ARTICLE NINE REPRESENTATIONS AND WARRANTIES OF PARTIES
9.1 Each of the Parties represents and warrants to each other as follows:
(1) It is a limited liability company duly established and in
valid existence under the laws of the People's Republic of
China;
(2) It has the right and authority to enter into this Agreement
and fulfill its obligations;
(3) Its representative who will sign this Agreement has been fully
authorized to do so by a valid letter of authorization or by
the relevant resolution of its Board of Directors; and
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(4) Upon the execution of this Agreement and its annex attached
hereto, this Agreement shall be binding upon it and can be
enforced under applicable laws.
9.2 Party A hereby represents and warrants to Party B as follows:
(1) Party A has the right and authority to legally own the Leased
Property stipulated under this Agreement, and possesses all
the relevant and complete approvals and certificates
evidencing its legal ownership of the Leased Property
stipulated under this Agreement, or has the right to sublease
to Party B properties it leases from a third party. Party A
has the right to enter into this Agreement and to lease or
sublease to Party B the Leased Property stipulated in Article
One (including the site and auxiliary facilities) in
accordance with the terms and conditions herein; in the event
that Party A's property rights and use rights to the property
herein are contested in any circumstances and for whatever
reasons, and Party B is unable to exercise its rights as a
lessee or sustain other damages, Party A agrees to hold
harmless from and indemnify Party B against any losses
resulted therefrom;
(2) Upon delivery to Party B for use, the Leased Property shall be
in good conditions for normal use;
(3) As long as Party B has paid the rent for the Leased Property
and observed and fulfilled all the representations,
commitments and conditions under this Agreement, Party B shall
be able to freely occupy and enjoy the use of the Leased
Property within the term of this Agreement without
interference.
9.3 In the event that any representations or warranties made by Party A in
Articles 9.1 and 9.2 above are untrue or incomplete, Party B shall have
the right to terminate this Agreement at any time, in which case Party
B shall have the right to claim compensation from Party A for all the
actual losses Party B has sustained.
9.4 Party B hereby represents and warrants to Party A as follows:
9.4.1 Party B will pay the relevant rent to Party A on a timely
basis in accordance with this Agreement. In the event that
Party B delays the rent payment for more than one day, Party B
shall, in addition to payment of the rent overdue, pay, upon
Party A's demand, a penalty of 0.03% of the total overdue
and unpaid payment for each day overdue until Party B has
completely fulfilled its obligations;
9.4.2 Without Party A's written consent, Party B shall not sublease
or transfer to a third party any part of the Leased Property
or any of its rights and obligations hereunder, or change the
use and purpose of the Leased Property and any utilities.
Should Party B violate any of the aforesaid provisions, Party
A shall have the right to request Party B to stop such conduct
and pay a surcharge equal to two times the proceeds
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from such sublease or transfer received by Party B, if any.
ARTICLE TEN UNDERTAKINGS AND INDEMNIFICATION
10.1 Unless otherwise stipulated in this Agreement, Party B shall, upon the
demand of Party A, indemnify Party A against and hold Party A harmless
from losses, expenses, damages, claims, actions, debts or liabilities
arising from the following causes:
10.1.1 injuries of any person or damages of property of citizens or
institutions other than Party A or both Parties to this
Agreement due to failure of performance or observation by
Party B of this Agreement, unless such losses, expenses,
damages, claims, actions, debts or liabilities were caused by
Party A's gross negligence or willful misconduct or by an
event of Force Majeure.
10.2 Unless otherwise stipulated in this Agreement, in the event of personal
injuries or property damages within the premises of the Leased Property
due to failure of Party A to fulfill its rights and obligations as
stipulated in this Agreement, Party B may claim for compensation from
Party A and Party A shall indemnify Party B against and hold Party B
harmless from any losses, expenses, damages, claims, actions, debts or
liabilities unless such events were caused by gross negligence or
willful misconduct on the part of Party B or by an event of Force
Majeure.
10.3 Due to historical reasons, certain Leased Property leased by Party B
have not been granted with title certificates and leasing permits. The
Parties agree that Party A shall obtain the aforesaid certificates and
permits and Party B shall render necessary assistance. Party A shall
bear all the relevant fees and expenses in the course of obtaining the
aforesaid certificates and permits. Before Party A has obtained such
certificates and permits, neither Party shall cancel this Agreement on
the ground that Party A has not acquired the aforesaid documents, or
the Party raising the issue of canceling this Agreement shall bear, in
addition to its own losses, all the losses sustained by the other
Party.
10.4 Party A hereby acknowledges and agrees that any dispute with a third
party arising from the lack of clarity of the property rights of the
Leased Property shall have no bearing on Party B, and that Party A
shall resolve any contest raised by any third party over Party B's use
of the Leased Property, and such contest shall not affect Party B's
use of the Leased Property hereunder. Party A shall compensate Party B
for any losses sustained by Party B as the result of the aforesaid
reason.
ARTICLE ELEVEN CONFIDENTIALITY
11.1 Both Parties to this Agreement herein shall keep strictly confidential
the operational data and information of the other Party. Neither Party
shall,
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without the other Party's written consent, provide or disclose to any
company, enterprise, organization or individual any data or
information with regard to the operations of the other Party, except
for circumstances stipulated by the laws of the PRC and of the listing
place of China Mobile (Hong Kong) Limited, or by either Party, for the
purpose of its reorganization, to a third party (including without
limitation to, relevant government departments and all the
intermediary institutions involved in the reorganization) orally or in
writing.
ARTICLE TWELVE LIABILITIES FOR BREACH OF AGREEMENT
12.1 Any failure of either Party to perform any of the terms hereunder shall
be deemed as breach of contract. Upon confirmation of occurrence of a
breach, the breaching Party shall, within ten days of receiving a
written notice from the non-breaching Party explaining the
circumstances of such breach, correct such breach and make written
notification to the non-breaching Party to the same effect; in the
event that within ten days the breaching Party has not correct the
breach or rendered any explanation in writing, the other Party shall
have the right to terminate this Agreement prior to its expiration upon
written notice to the breaching Party, in which case the breaching
Party shall be responsible to compensate all the economic losses thus
sustained by the other Party. In the event that one Party believes that
such breach is nonexistent, both Parties shall consult with each other
and try to resolve the issues thus caused. Should no resolution be
reached through consultation, the issue shall be resolved in accordance
with the dispute resolution clause herein.
ARTICLE THIRTEEN FORCE MAJEURE
13.1 Any event or circumstance beyond the reasonable control of the Parties
and could not be avoided by exercise of due care on the part of the
affected Party shall be deemed as an "event of Force Majeure" and shall
include, but not limited to, earthquake, fire, explosion, storm, flood,
lightening, or war.
13.2 Neither Party shall bear any liability for breach of contract to the
other Party for its failure to carry out all or any of its obligations
hereunder as a result of an event of Force Majeure. However, the Party
or Parties affected by an event of Force Majeure shall, within fifteen
days of the occurrence of the such event, notify the other Party of
such event of Force Majeure along with relevant documentary evidence
issued by the relevant government authorities. The Party or Parties
shall resume the performance of its/their obligations hereunder within
a reasonable period of time after the effects of the event of Force
Majeure have been eliminated.
ARTICLE FOURTEEN GOVERNING LAW AND DISPUTE RESOLUTION
14.1 The execution, validity, implementation, interpretation and resolution
of dispute of this Agreement shall be governed by the laws of the
People's Republic of China.
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14.2 Any dispute arising from or in connection with the validity,
interpretation or execution of this Agreement shall be settled by the
Parties through friendly consultations. In the event that no resolution
can be reached through consultations, either Party may submit the
dispute to Shijiazhuang Arbitration Commission for arbitration in
accordance with its then effective arbitration rules. Once Beijing
Mobile Communication Company Limited is transformed into a wholly
foreign-owned enterprise, the dispute resolution institution will
automatically change into China International Economic and Trade
Arbitration Commission and any disputes shall be resolved in accordance
with its then effective arbitration rules in Beijing. The award of such
arbitration shall be final and binding upon both Parties.
14.3 Except for matters under arbitration, the remaining part of this
Agreement is still in effect during the time of arbitration.
ARTICLE FIFTEEN ASSUMPTION, TRANSFER
AND TERMINATION OF AGREEMENT
15.1 Neither Party may assign or transfer all or any part of its rights and
obligations under this Agreement to any third party without the other
Party's prior written consent thereto.
15.2 In the event that Party A transfers its own buildings, Party A shall
ensure that this Agreement will be equally binding upon the transferee.
15.3 Party A hereby acknowledges that Party B may be transformed into a
wholly foreign-owned enterprise during the term of this Agreement
without consent or acknowledgement by Party A either prior to or after
the event, and that Party B's entire rights and obligations under this
Agreement shall not be affected or changed on the ground that the
nature of the company has changed into a wholly foreign-owned
enterprise. Party A will acknowledge the legal status of such wholly
foreign-owned enterprise in performing this Agreement.
15.4 In the event that the following conditions are not met, Hebei Mobile
Communication Company Limited shall be entitled to terminate this
Agreement at any time. After the termination of this Agreement, the
Parties shall cease to enjoy any rights or assume any obligations under
this Agreement or in connection with its termination, except the rights
and obligations that have incurred under this Agreement prior to such
termination.
(1) China Mobile (Hong Kong) Limited ("CMHK") shall have been
granted relevant waivers by the Stock Exchange of Hong Kong
Limited ("HKSE") for CMHK's connected transactions in
accordance with the listing rules of HKSE; and
(2) The independent shareholders of CMHK who are deemed to be
independent in accordance with the listing rules shall have
approved relevant transactions.
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ARTICLE SIXTEEN NOTICES
16.1 Any notice or other document to be given under this Agreement shall be
delivered in writing and may be delivered in person, sent by registered
mail or transmitted by facsimile to the Parties at their legal
addresses stated in this Agreement or any other addresses a Party may
have notified the other Party in accordance with this Article.
16.2 Any notice or document shall be deemed to have been received at the
time as follows:
if delivered in person, at the time of delivery;
if delivered by registered mail, five (5) business days after being
posted (excluding Saturdays, Sundays and public holidays); and
if transmitted by facsimile, upon receipt, or if the time of
transmission is during non-business hours, it shall be deemed to have
been given at the beginning of the normal business hours of the
succeeding day (excluding Saturdays, Sundays and public holidays),
subject to proof by the sender or confirmation from the facsimile
machine used for such transmission that a satisfactory transmission has
been completed.
ARTICLE SEVENTEEN MISCELLANEOUS
17.1 This Agreement constitutes the entire agreement between the Parties
with respect to the subject matter of this Agreement and supercedes any
and all discussions, negotiations and agreements between them regarding
the same subject matter prior to the execution of this Agreement.
17.2 In the performance of this Agreement, if any provision herein becomes
ineffective or unenforceable as the result of implementation or
amendment of law, such provision shall be ineffective to the extent
that such law applies, without invalidating the remaining provisions of
this Agreement. The Parties hereto have the rights to amend the
provisions affected by the future implementation or amendment of law,
which amendment shall constitute an integral part of this Agreement on
the condition that such amendment will have no material effect on
either Party's economic benefits hereunder.
17.3 Neither Party shall have the right to amend or modify this Agreement
without both Parties' written confirmation thereof; the Parties,
however, shall be able to enter into supplementary agreements to govern
matters not considered herein.
17.4 This Agreement is signed in four counterparts. Each Party will keep two
copies. The annex and/or supplementary agreements hereto are an
integral part hereof and shall have the same force and effect as this
Agreement.
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PARTY A: HEBEI COMMUNICATION PARTY B: HEBEI MOBILE
SERVICE COMPANY COMMUNICATION COMPANY
LIMITED
-------------------------
By: s/Huang Yu By: s/Zhang Liande
Authorized representative Legal representative
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INVENTORY AND VALUATION OF LEASED AUXILIARY BUILDINGS AND PROPERTIES
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Zhangjiakou Branch Appraisal Base date: June 30th, 2000
-----------------------------------------------------------------------------------------------------------------------------------
Leased
No. Name of Building Detailed Address Structure Number Floorage Time of Lease Term Rent Rent/year
of Story (Square Completion of the (from _ to _) RMB
meters) Building (mm/yy)
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 Garage of GuRMB Post Qiao Dong Street Brick/ 1 20 92 3778 3778
Office Concrete
### Garage of Chongli Chongli Brick/ 1 21 95.12 3000 3000
Telecommunication Telecommunication Concrete
Bureau Bureau
-----------------------------------------------------------------------------------------------------------------------------------
Total 41 6,777.6 6,777.60
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Zhangjiakou Branch Unit: RMB
----------------------------------------------------------------------------------------------------------------------
Rent/Square Lessor's Ownership Documentation
No. Name of Building Detailed Address meter Leasing Remarks
Contract Building
(RMB/year) (X) Title Land Use Others
----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1 Garage of GuRMB Post Qiao Dong Street 188.88
Office
### Garage of Chongli Chongli 142.86
Telecommunication Telecommunication
Bureau Bureau
----------------------------------------------------------------------------------------------------------------------
Total
----------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for mobile
communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
<PAGE> 13
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED
FOR BUSINESS PURPOSES
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Zhangjiakou Branch Appraisal Base date: June 30th, 2000
-----------------------------------------------------------------------------------------------------------------------------------
Leased
No. Name of Building Detailed Address Structure Number Floorage Time of Lease Term Rent Rent/year
of Story (Square Completion of the (from _ to _) RMB
meters) Building (mm/yy)
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
4 Zhangbei Grain 5 Dong Street Frame 4 89 90.5 15750 15750
Bureau Service
Building
10 Wanquan 9 Jian Guo Brick/ 2 60 85.1 6000 6000
Telecommunication Road, Min Zhu Concrete
Building Street (Kong
Jia Zhuang)
12 Construction Bank of Ren Min Road, Steel/ 1 120 25000 25000
China Branch of Ren Wei County Concrete
Min Road, Wei County
13 Post Office Branch Nan Liu Zhuang Steel/ 1 15 2000 2000
of Nan Liu Zhuang, Concrete
Wei County
14 Post Office Branch Xi He Ying Steel/ 1 14 3000 3000
of Xi He Ying, Wei Concrete
County
17 Chongli Chongli Telecom- Brick/ 5 42 95.12 10000 10000
Telecommunication munication Concrete
Building Building
18 Xuanhua Department East 45 Pai Lou Brick/ 1 38.4 58.1 48000 48000
Building Concrete
19 Xuanhua Excavation Shuncheng Brick/ 1 22 99.8 15840 15840
Machinery Factory Street Concrete
21 Nan Street Sales 5 Nan Street Frame 1 120 78.1 99.8-02.7 85000 85000
Building, Xuanhua
-----------------------------------------------------------------------------------------------------------------------------------
Total 520.4 210590 210590
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Zhangjiakou Branch Unit: RMB
----------------------------------------------------------------------------------------------------------------------
Rent/Square Lessor's Ownership Documentation
No. Name of Building Detailed Address meter Leasing Remarks
Contract Building
(RMB/year) (X) Title Land Use Others
----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
4 Zhangbei Grain 5 Dong Street 177
Bureau Service
Building
10 Wanquan 9 Jian Guo 100
Telecommunication Road, Min Zhu
Building Street (Kong
Jia Zhuang)
12 Construction Bank of Ren Min Road, 208
China Branch of Ren Wei County
Min Road, Wei County
13 Post Office Branch Nan Liu Zhuang 133
of Nan Liu Zhuang,
Wei County
14 Post Office Branch Xi He Ying 214
of Xi He Ying, Wei
County
17 Chongli Chongli Telecom- 238
Telecommunication munication
Building Building
18 Xuanhua Department East 45 Pai Lou 1250
Building
19 Xuanhua Excavation Shuncheng 720
Machinery Factory Street
21 Nan Street Sales 5 Nan Street 708
Building, Xuanhua
----------------------------------------------------------------------------------------------------------------------
Total
----------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for mobile
communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 14
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR OFFICE USE
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Zhangjiakou Branch Appraisal Base date: June 30th, 2000
-----------------------------------------------------------------------------------------------------------------------------------
Leased
No. Name of Building Detailed Address Structure Number Floorage Time of Lease Term Rent Rent/year
of Story (Square Completion of the (from _ to _) RMB
meters) Building (mm/yy)
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 Zhangbei 1 Dong Street Frame 3 20 91.1 9450 9450
Telecommunication
Building
2 Zhangbei Post Yong Chun Nan Frame 6 75 95.1 15000 15000
Office Building Road
6 Zhuolu Post Office 36 Xuan RMB Frame 2 250 98 25000 25000
Building Road
7 Savings Building, 5 Nan Street, Brick/ 2 90 89.1 33000 33000
Huan'an Branch of Caigoubao Town Concrete
Bank of China
9 Xia Hua RMB Post 53 Shi Chang Steel/ 5 166.42 97.12 19970.4 19970.4
Office Building Street Concrete
-----------------------------------------------------------------------------------------------------------------------------------
601.42 102420.4 102420.4
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Zhangjiakou Branch Unit: RMB
----------------------------------------------------------------------------------------------------------------------
Rent/Square Lessor's Ownership Documentation
No. Name of Building Detailed Address meter Leasing Remarks
Contract Building
(RMB/year) (X) Title Land Use Others
----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1 Zhangbei 1 Dong Street 473
Telecommunication
Building
2 Zhangbei Post Yong Chun Nan 200
Office Building Road
6 Zhuolu Post Office 36 Xuan RMB 100
Building Road
7 Savings Building, 5 Nan Street, 367
Huan'an Branch of Caigoubao Town
Bank of China
9 Xia Hua RMB Post 53 Shi Chang 120
Office Building Street
----------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for mobile
communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
<PAGE> 15
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Zhangjiakou Branch Appraisal Base date: June 30th, 2000
-----------------------------------------------------------------------------------------------------------------------------------
Leased
No. Name of Building Detailed Address Structure Number Floorage Time of Lease Term Rent Rent/year
of Story (Square Completion of the (from _ to _) RMB
meters) Building (mm/yy)
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 Ling RMB Road Base Post Office Steel/ 3 15 94 4780 4780
Station Dormitory, Ling Concrete
RMB Road
### Pingmen Base Station Pingmen Warehouse Brick/ 1 16 93 4780 4780
Concrete
### Nanzhan Base Station Nanzhan Fen Zhuan Steel/ 2 10 97 4780 4780
Concrete
### Base Station of 406 We Yi Road Post Steel/ 2 10 84 4780 4780
Bureau Office Concrete
### Hong Qi Road Base Shen Li Road Steel/ 25 98 4780 4780
Station Transmission Concrete
Bureau
### Jian Kan RMB Base Qing Shui Qiao Steel/ 15 98 5000 5000
Station Xi Street Concrete
### Dian Jiao Guan Base Xi Huo Zi Steel/ 15 98 6000 6000
Station Street Concrete
### Liang Mao Base Liang Mao Hotel, Steel/ 4 15 98 5000 5000
Station Dong Shan Road Concrete
### Gao Miao Base Construction Bank Steel/ 15 98 5000 5000
Station of China Gong Ye Concrete
Nan Road Branch
Industrial and
### Qiao Xi Gong Hang Commercial Bank Steel/ 15 98 6000 6000
Base Station of China Xin Hua Concrete
Branch
### Ning RMB Base Ning RMB Bao Steel/ 12 98 4780 4780
Station Steel Factory Concrete
### Yong Feng Bao Yong Feng Bao Brick/ 1 6 98 3000 3000
Base Station Village Committee Concrete
### Jian Gong Xue RMB Architectural 8 4000 4000
Base Station Engineering
Institution
### Ba Si Chang Wire Drawing 15 4500 4500
Base Station Factory
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Zhangjiakou Branch Unit: RMB
----------------------------------------------------------------------------------------------------------------------
Rent/Square Lessor's Ownership Documentation
No. Name of Building Detailed Address meter Leasing Remarks
Contract Building
(RMB/year) (X) Title Land Use Others
----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1 Ling RMB Road Base Post Office 319
Station Dormitory, Ling
RMB Road
### Pingmen Base Station Pingmen Warehouse 299
### Nanzhan Base Station Nanzhan Fen Zhuan 478
### Base Station of 406 We Yi Road Post 478
Bureau Office
### Hong Qi Road Base Shen Li Road 191
Station Transmission
Bureau
### Jian Kan RMB Base Qing Shui Qiao 333
Station Xi Street
### Dian Jiao Guan Base Xi Huo Zi 400
Station Street
### Liang Mao Base Liang Mao Hotel, 333
Station Dong Shan Road
### Gao Miao Base Construction Bank 333
Station of China Gong Ye
Nan Road Branch
Industrial and
### Qiao Xi Gong Hang Commercial Bank 400
Base Station of China Xin Hua
Branch
### NingRMB Base Ning RMB Bao 398
Station Steel Factory
### Yong Feng Bao Yong Feng Bao 500
Base Station Village Committee
### Jian Gong Xue RMB Architectural 500
Base Station Engineering
Institution
### Ba Si Chang Wire Drawing 300
Base Station Factory
</TABLE>
<PAGE> 16
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
### Lao Gan Bu Ju Bureau of Retired 15 2500 2500
Base Station Officer Affairs
### Gong Dian Gong Control Room of 15 6000 6000
Si Base Station the Power Supply
Company
### Wu Xian Dian Yi No.1 Radio 15 4000 4000
Chang Base Station Factory
### Gong An Ju Base Confidential 15 6000 6000
Station Communication
Office of the
Public Security
Bureau
### Yin Shua Chang Base Pring Factory 15 4500 4500
Station
### Wu Mao Zhong Xin Center Building 15 6000 6000
Lou Building of Commodity
Trade
### Shang Yi Da Qing Da Qing Gou, Steel/ 2 10 June-00 1620 1620
Gou Base Station Shang Yi County Concrete
### Huai Lai Yu Lin Inside the 1 15 500 500
Tun Base Station Transfer Post of
(planned) Yu Lin Tun
Village, Sha
Cheng Town
### Huai Lai Hua Dian Huai Lai Hua Dian 8 5000 5000
Di Re Base Station Geothermal
(planned) Training Center
</TABLE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
### Lao Gan Bu Ju Bureau of Retired 167
Base Station Officer Affairs
### Gong Dian Gong Control Room of 400
Si Base Station the Power Supply
Company
### Wu Xian Dian Yi No.1 Radio 267
Chang Base Station Factory
### Gong An Ju Base Confidential 400
Station Communication
Office of the
Public Security
Bureau
### Yin Shua Chang Base Pring Factory 300
Station
### Wu Mao Zhong Xin Center Building 400
Lou Building of Commodity
Trade
### Shang Yi Da Qing Da Qing Gou, 162
Gou Base Station Shang Yi County
### Huai Lai Yu Lin Inside the 33
Tun Base Station Transfer Post of
(planned) Yu Lin Tun
Village, Sha
Cheng Town
### Huai Lai Hua Dian Huai Lai Hua Dian 625
Di Re Base Station Geothermal
(planned) Training Center
</TABLE>
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 17
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Zhangjiakou Branch Appraisal Base date: June 30th, 2000
-----------------------------------------------------------------------------------------------------------------------------------
Leased
No. Name of Building Detailed Address Structure Number Floorage Time of Lease Term Rent Rent/year
of Story (Square Completion of the (from _ to _) RMB
meters) Building (mm/yy)
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
### Huai Lai Wang Jia Inside the 15 6000 6000
Lou Base Station Village
(planned) Government
Courtyard of
Wang Jia Lou
### Wan Quan Guo Lei Post Office of Brick/ 2 4 84.6 3000 3000
Zhuang Base Station Guo Lei Zhuang Concrete
### Wan Quan Wan Quan Wan Quan Cheng Brick/ 2 4 74.9 3000 3000
Cheng Base Station Post Office Concrete
### Huai An Post Office Huai An Cheng Brick/ 2 15 84.10 1531 1531
Building Dong Street Concrete
### Wei County Post Qian Jin Road, Steel/ 2 5 2000 2000
Office Wei County Concrete
### Wei County Water Huan Cheng Bei Steel/ 2 30 1000 1000
Affairs Bureau Road, Wei County Concrete
### Wei County Ji Wei Cui Jia Zhai, Steel/ 2 30 8000 8000
Coalfield Yong Quan Zhuang, Concrete
Wei County
### Dong Jing Ji Base Dong Guan, Dong Brick/Wood 1 4 91.8 2000 2000
Station, Yang RMB Jing Ji
### Dong Cheng Base Dong Road, Dong Brick/Wood 1 4 91.8 2000 2000
Station, Yang RMB Cheng
### Hua Shao Ying Base Hua Shao Ying Brick/Wood 1 4 91.8 2000 2000
Station, Yang RMB Dong Road
### Chongli Chang Qing Road Brick/ 5 21 95.12 3000 3000
Telecommunication Concrete
Building
### Chongli Dong Ping Dong Ping Post Brick/Wood 1 10 96.12 480 480
Base Station Post Office
### Chongli Gao Jia Gao Jia Ying Brick/ 2 10 94.12 480 480
Ying Base Station Post Office Concrete
### Xuanhua Da Xi Xuan Hua Da Xi Brick/ 2 42 97.10 6048 6048
Street Base Station Street Concrete
### Xuanhua Tong RMB Outside Xuanhuan Brick/ 6 14.5 99.7 2000 2000
Base Station North Gate Concrete
### Xuan Gang Base Xuanhua Steel 24 4000 4000
Station Factory
### Xia Hua RMB Coal Xia Hua RMB Steel/ 3 20 95.5 2400 2400
Mine Micro-celluar Coal Mine Concrete
Base Station
-----------------------------------------------------------------------------------------------------------------------------------
Total 571.5 152239 152239
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Zhangjiakou Branch Unit: RMB
----------------------------------------------------------------------------------------------------------------------
Rent/Square Lessor's Ownership Documentation
No. Name of Building Detailed Address meter Leasing Remarks
Contract Building
(RMB/year) (X) Title Land Use Others
----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
### Huai Lai Wang Jia Inside the 400
Lou Base Station Village
(planned) Government
Courtyard of
Wang Jia Lou
### Wan Quan Guo Lei Post Office of 750
Zhuang Base Station Guo Lei Zhuang
### Wan Quan Wan Quan Wan Quan Cheng 750
Cheng Base Station Post Office
### Huai An Post Office Huai An Cheng 102
Building Dong Street
### Wei County Post Qian Jin Road, 400
Office Wei County
### Wei County Water Huan Cheng Bei 33
Affairs Bureau Road, Wei County
### Wei County Ji Wei Cui Jia Zhai, 267
Coalfield Yong Quan Zhuang,
Wei County
### Dong Jing Ji Base Dong Guan, Dong 500
Station, Yang RMB Jing Ji
### Dong Cheng Base Dong Road, Dong 500
Station, Yang RMB Cheng
### Hua Shao Ying Base Hua Shao Ying 500
Station, Yang RMB Dong Road
### Chongli Chang Qing Road 143
Telecommunication
Building
### Chongli Dong Ping Dong Ping Post 48
Base Station Post Office
### Chongli Gao Jia Gao Jia Ying 48
Ying Base Station Post Office
### Xuanhua Da Xi Xuan Hua Da Xi 144
Street Base Station Street
### Xuanhua Tong RMB Outside Xuanhuan 138
Base Station North Gate
### Xuan Gang Base Xuanhua Steel 167
Station Factory
### Xia Hua RMB Coal Xia Hua RMB 120
Mine Micro-celluar Coal Mine
Base Station
----------------------------------------------------------------------------------------------------------------------
Total
----------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for mobile
communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
<PAGE> 18
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED
FOR BUSINESS PURPOSES
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Zhangjiakou Branch Appraisal Base date: June 30th, 2000
-----------------------------------------------------------------------------------------------------------------------------------
Leased
No. Name of Building Detailed Address Structure Number Floorage Time of Lease Term Rent Rent/year
of Story (Square Completion of the (from _ to _) RMB
meters) Building (mm/yy)
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 Communication Bank 78 Dong Jing Road Brick/ 1 134.5 1968.7 30000 30000
of China Beidaihe Wood
Branch Sales
Building
2 Lulong Tele- Level 1 63 Xin Frame 5 20 1988.7 8000 8000
communication Cheng Street,
Multipurpose Cheng Guan Town
Building
154.5 38000 38000
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Zhangjiakou Branch Unit: RMB
----------------------------------------------------------------------------------------------------------------------
Rent/Square Lessor's Ownership Documentation
No. Name of Building Detailed Address meter Leasing Remarks
Contract Building
(RMB/year) (X) Title Land Use Others
----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1 Communication Bank 78 Dong Jing Road 223 No No
of China Beidaihe
Branch Sales
Building
2 Lulong Tele- Level 1 63 Xin 400
communication Cheng Street,
Multipurpose Cheng Guan Town
Building
</TABLE>
Name of the person filling this form on behalf of the property owner:
Liu Shan
Filling Date: July 5, 2000
Notes: 1) This form is specifically for auxiliary buildings leased for
mobile communications;
2) Please provide copies of leasing contracts for buildings in
respect of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 19
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR OFFICE USE
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Zhangjiakou Branch Appraisal Base date: June 30th, 2000
-----------------------------------------------------------------------------------------------------------------------------------
Leased
No. Name of Building Detailed Address Structure Number Floorage Time of Lease Term Rent Rent/year
of Story (Square Completion of the (from _ to _) RMB
meters) Building (mm/yy)
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 Industrial and Level 2 and Level Mixed 4 917.78 500000 500000
Commercial Bank of 4 of the Finance
China, Development Building,
Area Branch Development Area
2 Construction Bank of Level 4 of the Mixed 4 110 35000 35000
China Development Finance Building,
Area Branch, Yushu Development Area
Grain Transfer Post
3 Communication Bank 78 Dong Jing Road Brick/ 1 18.8 1968.7 30000 30000
of China Beidaihe Wood
Branch Sales
Building
----------------------------------------------------------------------------------------------------------------------------------
1046.58 565000 565000
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Zhangjiakou Branch Unit: RMB
----------------------------------------------------------------------------------------------------------------------
Rent/Square Lessor's Ownership Documentation
No. Name of Building Detailed Address meter Leasing Remarks
Contract Building
(RMB/year) (X) Title Land Use Others
----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1 Industrial and Level 2 and Level 545
Commercial Bank of 4 of the Finance
China, Development Building,
Area Branch Development Area
2 Construction Bank of Level 4 of the 318
China Development Finance Building,
Area Branch, Yushu Development Area
Grain Transfer Post
3 Communication Bank 78 Dong Jing Road 1596 For
of China Beidaihe offices
Branch Sales and
Building sales
----------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------
</TABLE>
Name of the person filling this form on behalf of the property owner:
Liu Shan
Filling Date: July 5, 2000
Notes: 1) This form is specifically for auxiliary buildings leased for
mobile communications;
2) Please provide copies of leasing contracts for buildings in
respect of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 20
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Company Appraisal Base date: June 30th, 2000
Qinghuangdao Branch
------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Struct- Number Leased Time of Lease Rent Rent/
ure of Floorage Completion Term year
Story (Square of the (from _ RMB
meters) Building to_)
(mm/yy) (mm/yy)
-------- ---------------------- ------------------------- -------- ------ ------- --------- -------- ------ -----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 Hui Long Building Cross of He Bei Street 10 20 15000 15000
and Hai Yang Road
------------------------------------------------------------------------------------------------------------------------
2 Zhong Qing Company East Heng Lu, Qing 4 9 10000 10000
Shan Road
------------------------------------------------------------------------------------------------------------------------
3 Lu Ye Hotel Heng Lu, Qing Shan Road 4 15 6000 6000
------------------------------------------------------------------------------------------------------------------------
4 Jian Guo Road Post Jian Guo Road and Yan 1 14 2000 2000
Office Shan Street Entrance
------------------------------------------------------------------------------------------------------------------------
5 Bank of China 157 Ying Bin Road, 10 11 10000 10000
Qinghuangdao City
------------------------------------------------------------------------------------------------------------------------
6 Qing Xing Jian Li 198 Gang Cheng Street 5 14 10000 10000
------------------------------------------------------------------------------------------------------------------------
7 City Grassworks West side of Hai Yang 5 19 10000 10000
Road
------------------------------------------------------------------------------------------------------------------------
8 Xin Tong Hotel 100 meters east to the 6 2 3000 3000
Train Station
------------------------------------------------------------------------------------------------------------------------
9 Zhong Gang Tower 80 Ying Bin Road 10 7 10000 10000
------------------------------------------------------------------------------------------------------------------------
10 Yan Bin Hotel 16 Ying Bin Road 7 12 10000 10000
------------------------------------------------------------------------------------------------------------------------
11 Xi Xiang He Zhai Village Committee of Xi 1 13 10000 10000
Xiang He Zhai
------------------------------------------------------------------------------------------------------------------------
18 Jin Hui Hotel Gang Cheng Street Frame 5 1 2000 2000
------------------------------------------------------------------------------------------------------------------------
19 Development Tower of Inside the Development 10 10 10000 10000
the Development Area Tower, Development Area
------------------------------------------------------------------------------------------------------------------------
20 City Cotton Mill West part of He Ping 3 12 10000 10000
Street, Haigang District
------------------------------------------------------------------------------------------------------------------------
21 Meng Ying Meng Ying Village, Xi
Gang Town, Haigang 3 12 10000 10000
District
------------------------------------------------------------------------------------------------------------------------
22 Yan Shan University West 438 He Bei Street 7 13 5000 5000
------------------------------------------------------------------------------------------------------------------------
23 Coal School of West part of He Bei 10 7 10000 10000
Qinghuangdao Street
------------------------------------------------------------------------------------------------------------------------
24 Bei Chen Holiday North of the Sports 14 8 20000 20000
Village Field of the Sports Base
------------------------------------------------------------------------------------------------------------------------
25 Foreign Trade Hotel 36 You Yi Road 8 21 4000 4000
------------------------------------------------------------------------------------------------------------------------
26 Xia Du Hotel 48 Hong Qi Road 8 5 10000 10000
------------------------------------------------------------------------------------------------------------------------
27 Zhong Mei Storehouse Bei Jiao Storehouse 4 10 10000 10000
------------------------------------------------------------------------------------------------------------------------
28 Port Office South part of Wen Hua 24 12 10000 10000
Road
------------------------------------------------------------------------------------------------------------------------
29 Hai Hou Guest House 195 Dong Shan 4 10 10000 10000
------------------------------------------------------------------------------------------------------------------------
30 Environment and 17 Middle part of He 3 7 10000 10000
Sanitation Bureau Bei Street
------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Company Unit RMB
Qinghuangdao Branch
--------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Rent/Square Leasing Lessor's Ownership Remarks
meter Contract Documentation
----------- (x) ----------------------------
(RMB/year) Building Land Others
Title Use
-------- ---------------------- ------------------------- ------------ ------- --------- --------- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1 Hui Long Building Cross of He Bei Street 750
and Hai Yang Road
--------------------------------------------------------------------------------------------------------------------------
2 Zhong Qing Company East Heng Lu, Qing 1111
Shan Road
------------------------------------------------------------------------------------------------------------------------
3 Lu Ye Hotel Heng Lu, Qing Shan Road 400
------------------------------------------------------------------------------------------------------------------------
4 Jian Guo Road Post Jian Guo Road and Yan 143
Office Shan Street Entrance
------------------------------------------------------------------------------------------------------------------------
5 Bank of China 157 Ying Bin Road, 909
Qinghuangdao City
------------------------------------------------------------------------------------------------------------------------
6 Qing Xing Jian Li 198 Gang Cheng Street 714
------------------------------------------------------------------------------------------------------------------------
7 City Grassworks West side of Hai Yang 526
Road
------------------------------------------------------------------------------------------------------------------------
8 Xin Tong Hotel 100 meters east to the 1500
Train Station
------------------------------------------------------------------------------------------------------------------------
9 Zhong Gang Tower 80 Ying Bin Road 1429
------------------------------------------------------------------------------------------------------------------------
10 Yan Bin Hotel 16 Ying Bin Road 833
------------------------------------------------------------------------------------------------------------------------
11 Xi Xiang He Zhai Village Committee of Xi 769
Xiang He Zhai
------------------------------------------------------------------------------------------------------------------------
18 Jin Hui Hotel Gang Cheng Street 2000
------------------------------------------------------------------------------------------------------------------------
19 Development Tower of Inside the Development 1000
the Development Area Tower, Development Area
------------------------------------------------------------------------------------------------------------------------
20 City Cotton Mill West part of He Ping 833
Street, Haigang District
------------------------------------------------------------------------------------------------------------------------
21 Meng Ying Meng Ying Village, Xi
Gang Town, Haigang 833
District
------------------------------------------------------------------------------------------------------------------------
22 Yan Shan University West 438 He Bei Street 385
------------------------------------------------------------------------------------------------------------------------
23 Coal School of West part of He Bei 1429
Qinghuangdao Street
------------------------------------------------------------------------------------------------------------------------
24 Bei Chen Holiday North of the Sports 2500
Village Field of the Sports Base
------------------------------------------------------------------------------------------------------------------------
25 Foreign Trade Hotel 36 You Yi Road 190
------------------------------------------------------------------------------------------------------------------------
26 Xia Du Hotel 48 Hong Qi Road 2000
------------------------------------------------------------------------------------------------------------------------
27 Zhong Mei Storehouse Bei Jiao Storehouse 1000
------------------------------------------------------------------------------------------------------------------------
28 Port Office South part of Wen Hua 833
Road
------------------------------------------------------------------------------------------------------------------------
29 Hai Hou Guest House 195 Dong Shan 1000
------------------------------------------------------------------------------------------------------------------------
30 Environment and 17 Middle part of He 1429
Sanitation Bureau Bei Street
------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 21
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
31 Dong Gang Industrial
and Commercial West part of Yan Hai 4 12 4000 4000
Company Road
------------------------------------------------------------------------------------------------------------------------
32 Biao Zhun Press North part of Wen Hua 7 9 5000 5000
Road
------------------------------------------------------------------------------------------------------------------------
33 Bank of China Wen 307 Wen Hua Road 2 2 3000 3000
Hua Road Branch
------------------------------------------------------------------------------------------------------------------------
34 International Wen Hua Bei Road 12 8 10000 10000
Restaurant
------------------------------------------------------------------------------------------------------------------------
35 Tong Sheng Fast Food East part of Qing Shan 5 10 6352 6352
Highway
------------------------------------------------------------------------------------------------------------------------
36 Dong Shan Bian Fang Dong Shan Frontier 3 12 5000 5000
Defence, Qinghuangdao
------------------------------------------------------------------------------------------------------------------------
39 Dao Nan Suo Er Zhong Post Office Brick/ 4 8.84 July 1989 1060.8 1060.8
Living House Concrete
------------------------------------------------------------------------------------------------------------------------
41 Ren Min Hospital 46 Zhai Street Brick/ 4 16 June 1973 2000 2000
Concrete
------------------------------------------------------------------------------------------------------------------------
42 Wu Li Tai Shi He Town Government Brick/ 4 15 June 1988 6000 6000
Concrete
------------------------------------------------------------------------------------------------------------------------
43 No.6 Middle School No.6 Middle School of Frame 5 10 May 1998 3000 3000
Shanhaiguan
------------------------------------------------------------------------------------------------------------------------
44 Jiang Nu Temple Wang Fu Shi Village Brick/ 2 10 March 1979 1500 1500
Committee Concrete
------------------------------------------------------------------------------------------------------------------------
45 Chang Shou Mountain Management Office of 10 4000 4000
Chang Shou Mountain
Scenic Spots
------------------------------------------------------------------------------------------------------------------------
46 Bei Ying Zi Chang Cheng Brick/ 2 16 May 1997 4000 4000
Construction and Concrete
Installment Company
------------------------------------------------------------------------------------------------------------------------
47 Yan Sai Hu Management Office of 10 4000 4000
Yan Sai Hu Scenic Spots
------------------------------------------------------------------------------------------------------------------------
49 Beidaihe Post Office Ying Jiao Road, Beidaihe Brick/ 1 42 August 3000 3000
Dong Shan Branch Concrete 1988
------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
31 Dong Gang Industrial
and Commercial West part of Yan Hai 333
Company Road
------------------------------------------------------------------------------------------------------------------------
32 Biao Zhun Press North part of Wen Hua 556
Road
------------------------------------------------------------------------------------------------------------------------
33 Bank of China Wen 307 Wen Hua Road 1500
Hua Road Branch
------------------------------------------------------------------------------------------------------------------------
34 International Wen Hua Bei Road 1250
Restaurant
------------------------------------------------------------------------------------------------------------------------
35 Tong Sheng Fast Food East part of Qing Shan 635
Highway
------------------------------------------------------------------------------------------------------------------------
36 Dong Shan Bian Fang Dong Shan Frontier 417
Defence, Qinghuangdao
------------------------------------------------------------------------------------------------------------------------
39 Dao Nan Suo Er Zhong Post Office 120
Living House
------------------------------------------------------------------------------------------------------------------------
41 Ren Min Hospital 46 Zhai Street 125
------------------------------------------------------------------------------------------------------------------------
42 Wu Li Tai Shi He Town Government 400 1-104
------------------------------------------------------------------------------------------------------------------------
43 No.6 Middle School No.6 Middle School of 300 1-1-135
Shanhaiguan
------------------------------------------------------------------------------------------------------------------------
44 Jiang Nu Temple Wang Fu Shi Village 150 3-5-6
Committee
------------------------------------------------------------------------------------------------------------------------
45 Chang Shou Mountain Management Office of 400 1-009
Chang Shou Mountain
Scenic Spots
------------------------------------------------------------------------------------------------------------------------
46 Bei Ying Zi Chang Cheng 2-2-19
Construction and 250
Installment Company
------------------------------------------------------------------------------------------------------------------------
47 Yan Sai Hu Management Office of 400 1-1-146
Yan Sai Hu Scenic Spots
------------------------------------------------------------------------------------------------------------------------
49 Beidaihe Post Office Ying Jiao Road, Beidaihe 71
Dong Shan Branch
------------------------------------------------------------------------------------------------------------------------
</TABLE>
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 22
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Company Appraisal Base date: June 30th, 2000
Qinghuangdao Branch
----------------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Struct- Number Leased Time of Lease Term Rent Rent/
ure of Floorage Completion -Year year
Story (Square of the -Month-Year- RMB
meters) Building Month
(mm/yy)
----- ---------------------- ----------------------- -------- -------- ------- --------- -------- ------ -----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
50 Beidaihe Development North part of Hai Ning Brick/Concrete 4 9 1993 1750 1750
Area Office Building Road, Beidaihe
------------------------------------------------------------------------------------------------------------------------------------
51 Beidaihe Foresty Center Bin Hai Avanue, Brick/Concrete Bird- 9 1994 3000 3000
Office Building Qinghuangdao watching
Tower
------------------------------------------------------------------------------------------------------------------------------------
52 Bei Building 16 Dong Er Road, Beidaihe Brick/Concrete 3 5 1990 4760 4760
Courtyard 20, Beidaihe
of the State Council
------------------------------------------------------------------------------------------------------------------------------------
53 Zhong Nan Hai Zhong Zhi, Beidaihe Brick/Concrete 3 25 1954 3000 3000
Telecommunication
Bureau Beidaihe Branch
------------------------------------------------------------------------------------------------------------------------------------
56 Lulong Post Office Yong Ping Street, Frame 2 9 Nov-99 5000 5000
Multi-purpose Building Cheng Guan Town
------------------------------------------------------------------------------------------------------------------------------------
58 Bu Jing Branch Mu Jing Village Post Brick/Concrete 2 6 1988 315.38 315.38
Multi-purpose Building Office
------------------------------------------------------------------------------------------------------------------------------------
62 Ye He Equipment Building Ye He Town Post Office Brick/Concrete 2 6 1987 315.38 315.38
------------------------------------------------------------------------------------------------------------------------------------
76 Shen He Village Xi Chang Village, Shen Steel/Concrete Flat 6.5 Oct-97 3000 3000
Government He
------------------------------------------------------------------------------------------------------------------------------------
77 Nandaihe No.2 Area Post Nandaihe No.2 Area Steel/Concrete 8 42 Oct-97 3000 3000
Office
------------------------------------------------------------------------------------------------------------------------------------
78 Zhu Cao Ying Post Office Zhu Cao Ying Town Steel/Concrete Flat 5.4 Sep-95 3000 3000
------------------------------------------------------------------------------------------------------------------------------------
79 Yu Guan Post Office Yu Guan Town Steel/Concrete 3 9.6 Oct-97 3000 3000
------------------------------------------------------------------------------------------------------------------------------------
80 Tai Ying Post Office Tai Ying Town Steel/Concrete Flat 5.67 Aug-95 3000 3000
------------------------------------------------------------------------------------------------------------------------------------
81 Cao Dong Zhuang Post Cao Dong Zhuang Village Steel/Concrete 2 8 Oct-97 3000 3000
Office
------------------------------------------------------------------------------------------------------------------------------------
91 Meterological Bureau Base 374 Bei Ma Road, San Brick/Concrete 1 18 Aug-88 23000 23000
Station Street
------------------------------------------------------------------------------------------------------------------------------------
92 An Shan Branch Center of An Shan Town Steel/Concrete 2 35 Dec-94 3000 3000
------------------------------------------------------------------------------------------------------------------------------------
93 Qing An Branch Center of Jing An Town Brick/Concrete 1 15 Dec-89 3000 3000
------------------------------------------------------------------------------------------------------------------------------------
94 Xin Ji Branch Xin Ji Town Brick/Concrete 3 42 Dec-98 3000 3000
------------------------------------------------------------------------------------------------------------------------------------
96 Hai An (2) Branch West of Yi Jing Road, Brick/Concrete 1 40.8 Aug-89 3000 3000
Hai An
------------------------------------------------------------------------------------------------------------------------------------
97 Qing Long Mobile Company Middle of Fu Wu Brick/Concrete 3 252 Sep-99 30000 30000
Street, Qing Long
------------------------------------------------------------------------------------------------------------------------------------
99 Ba Dao He Branch Ba Dao He Village, Ba Brick/Concrete 16 Oct-96 3000 3000
Dao He Town
------------------------------------------------------------------------------------------------------------------------------------
00 Da Wu Lan Branch Da Wu Lan Village, Da Brick/Concrete 12 Oct-97 3000 3000
Wu Lan Town
------------------------------------------------------------------------------------------------------------------------------------
02 Shuang Shan Zi Branch Shuang Shan Zi Town Brick/Concrete 16 Oct-97 3000 3000
------------------------------------------------------------------------------------------------------------------------------------
1047.81 389053.6 389053.6
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Company Unit RMB
Qinghuangdao Branch
----------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Rent/Square Leasing Lessor's Ownership Remarks
meter Contract Documentation
----------- (x) --------------------------
(RMB/year) Building Land Others
Title Use
----- ---------------------- ----------------------- ----------- ------- --------- --------- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
50 Beidaihe Development North part of Hai Ning 194 Has paid for
Area Office Building Road, Beidaihe 1997-2017
----------------------------------------------------------------------------------------------------------------------------
51 Beidaihe Foresty Center Bin Hai Avanue, 333 Has paid for
Office Building Qinghuangdao 1998-2008
----------------------------------------------------------------------------------------------------------------------------
52 Bei Building 16 Dong Er Road, Beidaihe 952
Courtyard 20, Beidaihe
of the State Council
----------------------------------------------------------------------------------------------------------------------------
53 Zhong Nan Hai Zhong Zhi, Beidaihe 120
Telecommunication
Bureau Beidaihe Branch
----------------------------------------------------------------------------------------------------------------------------
56 Lulong Post Office Yong Ping Street, 556
Multi-purpose Building Cheng Guan Town
----------------------------------------------------------------------------------------------------------------------------
58 Bu Jing Branch Mu Jing Village Post 53
Multi-purpose Building Office
----------------------------------------------------------------------------------------------------------------------------
62 Ye He Equipment Building Ye He Town Post Office 53
----------------------------------------------------------------------------------------------------------------------------
76 Shen He Village Xi Chang Village, Shen 462
Government He
----------------------------------------------------------------------------------------------------------------------------
77 Nandaihe No.2 Area Post Nandaihe No.2 Area 71
Office
----------------------------------------------------------------------------------------------------------------------------
78 Zhu Cao Ying Post Office Zhu Cao Ying Town 556
----------------------------------------------------------------------------------------------------------------------------
79 Yu Guan Post Office Yu Guan Town 313
----------------------------------------------------------------------------------------------------------------------------
80 Tai Ying Post Office Tai Ying Town 529
----------------------------------------------------------------------------------------------------------------------------
81 Cao Dong Zhuang Post Cao Dong Zhuang Village 375
Office
----------------------------------------------------------------------------------------------------------------------------
91 Meterological Bureau Base 374 Bei Ma Road, San 1278 Iron Tower
Station Street included
----------------------------------------------------------------------------------------------------------------------------
92 An Shan Branch Center of An Shan Town 86
----------------------------------------------------------------------------------------------------------------------------
93 Qing An Branch Center of Jing An Town 200
----------------------------------------------------------------------------------------------------------------------------
94 Xin Ji Branch Xin Ji Town 71
----------------------------------------------------------------------------------------------------------------------------
96 Hai An (2) Branch West of Yi Jing Road, 74
Hai An
----------------------------------------------------------------------------------------------------------------------------
97 Qing Long Mobile Company Middle of Fu Wu 119 The Land Use is
Street, Qing Long processing.
----------------------------------------------------------------------------------------------------------------------------
99 Ba Dao He Branch Ba Dao He Village, Ba 188
Dao He Town
----------------------------------------------------------------------------------------------------------------------------
00 Da Wu Lan Branch Da Wu Lan Village, Da 250
Wu Lan Town
----------------------------------------------------------------------------------------------------------------------------
02 Shuang Shan Zi Branch Shuang Shan Zi Town 188 The Land Use is
processing.
----------------------------------------------------------------------------------------------------------------------------
</TABLE>
Name of the person filling this form on behalf of the property owner:
Liu Shan Filling Date: July 5, 2000
Date of data entry: July 5, 2000
Notes: 1) This form is specifically for auxiliary buildings leased for
mobile communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 23
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BUSINESS PURPOSES
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Appraisal Base date: June 30th, 2000
Company Xingtai Branch
-------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Struct- Number Leased Time of Lease Term Rent Rent/
ure of Floorage Completion --Year year
Story (Square of the -Month-Year RMB
meters) Building -Month
(mm/yy)
-------- ---------------------- ------------------------- -------- ------ ------- --------- -------- ------ -----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
2 Qinghe Post Office San Yang Xi 70 28000 28000
Street
----------------------------------------------------------------------------------------------------------------------------
3 Long Yao Post Town 52 20800 20800
Office
----------------------------------------------------------------------------------------------------------------------------
122 48800 48800
----------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Unit: RMB
Company Xingtai Branch
-----------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Rent/Square Leasing Lessor's Ownership Remarks
meter Contract Documentation
----------- (x) --------------------------
(RMB/year) Building Land Others
Title Use
-------- ---------------------- ----------------------- ------------ ------- --------- --------- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
2 Qinghe Post Office San Yang Xi 400
Street
----------------------------------------------------------------------------------------------------------------------
3 Long Yao Post Town 400
Office
----------------------------------------------------------------------------------------------------------------------
800
----------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for
mobile communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty
Limited
<PAGE> 24
<TABLE>
<CAPTION>
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
Name of the Property Owner: Hebei Mobile Communication Company Appraisal Base date: June 30th, 2000
Xingtai Branch
------------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Struct- Number Leased Time of Lease Term Rent Rent/
ure of Floorage Completion -Year year
Story (Square of the -Month -Year RMB
meters) Building -Month
(mm/yy)
-------- ---------------------- ------------------------- -------- ------ ------- --------- -------- ------ -----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
#### Xin He County 19.3 7720 7720
Telecommunication Telecommunication
Bureau
-----------------------------------------------------------------------------------------------------------------------------------
#### Xin He Xi Liu 45.2 18080 18080
Telecommunication
-----------------------------------------------------------------------------------------------------------------------------------
#### Xin He Xun Zhai 45.2 18080 18080
Telecommunication
-----------------------------------------------------------------------------------------------------------------------------------
#### Xingtai Post Office Taihang Branch 54.5 21800 21800
-----------------------------------------------------------------------------------------------------------------------------------
#### Xingtai Post Office Train Station 25.5 10200 10200
-----------------------------------------------------------------------------------------------------------------------------------
#### County Broadcasting Bai Yun Mountain Iron 25 10000 10000
Station Tower
-----------------------------------------------------------------------------------------------------------------------------------
#### Guo Xin Page Page Company 46.36 18544 18544
-----------------------------------------------------------------------------------------------------------------------------------
#### Chang Zheng Factory Chang Zheng Factory 24 5040 5040
-----------------------------------------------------------------------------------------------------------------------------------
#### No. 1 Cotton Storehouse 15.5 10220 10220
-----------------------------------------------------------------------------------------------------------------------------------
#### Jin Long Restaurant Xin Hua Road 30 10080 10080
-----------------------------------------------------------------------------------------------------------------------------------
#### Army 52715 48 25000 25000
-----------------------------------------------------------------------------------------------------------------------------------
#### City Television Station Ye Jin Road 15 13000 13000
-----------------------------------------------------------------------------------------------------------------------------------
#### Labor Union of Xingtai 34.5 10000 10000
County
-----------------------------------------------------------------------------------------------------------------------------------
#### Dong Office of the Dong Wei Cheng Road 28 10220 10220
Industrial and
Commercial Bank of
China,
-----------------------------------------------------------------------------------------------------------------------------------
#### State Tax Bureau 30 20000 20000
-----------------------------------------------------------------------------------------------------------------------------------
#### Kang Zhuang Train Kang Zhuang Station 41 2000 2000
Station
-----------------------------------------------------------------------------------------------------------------------------------
#### Zhang Tai Post Office Zhang Tai Town 38.1 15440 15440
-----------------------------------------------------------------------------------------------------------------------------------
#### Qinghe Post Office San Yang Xi Street of 19.61 7844 7844
the County
-----------------------------------------------------------------------------------------------------------------------------------
#### Qinghe Post Office San Yang Xi Street of 14.31 5724 5724
the County
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Company Unit: RMB
Xingtai Branch
----------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Rent/Square Leasing Lessor's Ownership Remarks
meter Contr