December 2003 restructuring for the Jiangsu Daya Group Co., Ltd., in August 2004 the company changed its name to Asia Technology Group Co., Ltd.. (3) The Group Company and the Company and the other top ten shareholders of the Company are completely independent in terms of property rights, business, assets, claims and debts, personnel and so on.(4) The Group has not received administrative penalties or criminal penalties in the last five years, nor has it involved major civil litigation or arbitration matters related to economic disputes. III. Basic information on the subject matter of the connected transactions The Company acquired land use rights from the Group for 3 pieces of land with a total area of ??30,856.
20 square meters and book value of RMB 1,882.34 million with an assessment value of RMB 4,642 .8 million yuan. The basic information of the parcel is as follows: The above land has no guarantee, mortgage, pledge or any other restriction on the transfer. The Group has engaged Jiangsu Zhongtian Assets Appraisal Office Co., Ltd., a qualified securities practitioner,
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