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1、AssetsValuationReportYangtongAppraisal(2008)DocumentNo.040(TheEnglishVersionofthisreportisonlyfortheclient’sreference.IntheeventofanyinconsistencybetweentheChineseandtheEnglishversions,theChineseversionshallprevail.)EntrustedbyJiangYingchun,theownerofthere
2、alestateconsultingitsvalue,YangzhouTongxinAssetsAppraisalOfficemadeanobjective,independent,impartialandscientificvaluationinaccordancewiththegovernmentregulationsconcerned.Followingthenecessaryvaluationprocedures,ourvaluatorcarriedonaseriesofworkincludings
3、potinvestigating,marketresearchingandinquiring,whichobjectivelyprovidedthemarketvalueoftheentrustedassetsononAugust30,2008.Thewholeassetsvaluationconclusionsaresummarizedasfollows:1.Anbriefintroductiontotheentrustor----theassetsoccupantJiangYingchun,theent
4、rustorandassetsoccupant,whoseIDcardnumberis321001197612270321,entrusteduswiththevaluationworkofhispersonalrealestate,theRoom105ofBuilding16,OuduHousingEstate,fortheinformationofitsmarketvalue.2.ValuationPurposeThis valuation is conducted to provide theclie
5、ntwithreferenceguidanceonthemarketvalue of theassets 3.ValuationobjectTheobjectofthevaluationisRoom105ofbuilding16inOuduHousingEstate,whichis147.86squaremetersinsize.ItwaswrittenclearlyintheCertificateofOwnershipthatthehousewasmortgagedonJune,13,2007totheA
6、griculturalBankofChina,YangzhouXingxuSubbranchfor¥424000.Theagreedmortgageperiodis240months.4.ValuationdateThevaluationdateisAugust30,2008.Duringtheperiodofvaluation,thevaluationobject,theexactvaluatedpriceandthechoosingofvaluationparameters8arealldetermin
7、edonthebasisoftheeconomicandthemarketconditionsonthatday.Therefore,thepricesadoptedinthevaluationarethestandardonesonthevaluationdate.1.ValuationprinciplesObservingtheworkingprinciplesofindependence,objectivityandscientificalness,thevaluationoperationisexe
8、cutedstrictlyaccordingtothelaws,regulationsandrelatedstipulationsofthestatetoensurethattheassetsvaluationshallbecarriedoutreasonablyandscientificallywithoutbeingdisturbedexternallyoraffectedbythevaluatorparty