Yi Hua Wood set up Beijing subsidiary to buy business venues

NetEase Financial June 28 Yi Hua Wood said, the company on behalf of Beijing Yi Hua (has not yet established) and Beijing letter far from June 28, 2010 signed the "real estate sales Contract", the purchase of Beijing letter far Development and construction located in Beijing Chaoyang District Peony North 101 No. 1 5 floors, No. 601 and 6 floors, commercial houses of the World Olympic Center.　　After the establishment of Beijing Yi-Hua, the company under the contract the full rights and obligations of Beijing Yi-Hua successor. At present, the ownership of the commercial housing for the Beijing letter far, land use for commercial, office. The commercial housing total measured construction area 4,367.06㎡. In accordance with the construction area calculation, 1 5 floors 601 Real Estate by the unit price 36,198.78 Yuan/m2 Purchase, the rate of RMB 117,710,100 yuan, 1 6 floor 704 real Estate by 35,031 yuan/m2 purchase, the rate is RMB 35 yuan,　　The total rate is RMB 134,808,900 yuan. The purchase of the real estate will be the Beijing Home Experience Center business and office space, the company will also purchase the relevant property as Beijing Home Experience Center supporting facilities.