Greenland Holding M88 app’s announcement on matters related to rent reduction and exemption for self-owned houses in Shanghai

In order to thoroughly implement the spirit of General Secretary Xi Jinping’s important instructions on winning the battle against epidemic prevention and control，Greenland Holding M88 app is a market-oriented mixed-ownership public enterprise (no actual controller)，To help small and medium-sized enterprises cope with the epidemic、Overcoming difficulties together，The following is the announcement regarding rent reduction and exemption for self-owned houses in Shanghai:

1. M88 app subject

A subsidiary company of Greenland Holding M88 app that rents out its own commercial properties in Shanghai，is the main unit (hereinafter referred to as: main unit) that promotes the implementation of the housing rent reduction and exemption policy for small and medium-sized enterprises。

2. M88 app

In principle，Lease the above-mentioned main unit’s own commercial properties，And engaged in production、R&D、Office、Non-state-owned small and medium-sized enterprises with commercial supporting and other production and operation activities，is the applicable object of this housing M88 app reduction。Among them，The scope of small and medium-sized enterprises refers to the relevant provisions of the "Notice on Issuing the Classification Standards for Small and Medium-sized Enterprises" (Industry and Information Ministry Lian Enterprise [2011] No. 300)，Determine according to the industry。

Specific identification requirements and standards regarding the scope of applicable objects，Subject to the rent reduction and exemption announcements of each main unit under our M88 app。

3. M88 app reduction and exemption methods

For applicants who meet the applicable conditions，In principle, the corresponding housing rent can be reduced or reduced accordingly after the application materials are reviewed and approved by the main unit，The specific amount and reduction method shall be determined through market-based negotiation between each entity under our M88 app and the lessee。

There is an indirect lease of the operating property owned by the main unit，In principle, sublessees do not enjoy this reduction and exemption policy，The main unit should urge all M88 app reductions and exemptions to be provided to the actual operating lessees，Ensure that lessees of non-state-owned small and medium-sized enterprises that actually operate will ultimately benefit。

Applicants with the following negative list matters，Before the negative list items are eliminated，Does not enjoy the rent reduction policy: there is evidence that the applicant does not cooperate with the municipal government and Greenland Holding M88 app in implementing epidemic prevention work，Concealed, omitted or delayed reporting of relevant information、Behaviors such as inadequate epidemic prevention measures，causing serious consequences；The applicant is in arrears with rent and fees and other violations of the lease contract； There are other negative list matters, etc.。

About the specific operation methods of rent reduction、Time limit、Amount, etc.，Subject to the rent reduction and exemption announcements of each main unit under our M88 app。

IV. M88 app and acceptance

Applicants can consult the main unit (lessor) with which they signed the housing lease contract for rent reduction and exemption procedures，Submit rent reduction application and related materials as required by procedures。Application materials include but are not limited to: rent-free application form，The lease contract signed between the lessee and the main unit (lessor) or sublessee，Copy of lessee’s business license、Name of controlling shareholder and shareholding ratio，The lessee’s 2018 audited financial statements、2019 Financial Statement (Balance Sheet、Income statement)、Shanghai Social Security Premium Payment Notice in December 2019，Other necessary materials。All materials submitted by the applicant must be stamped with the official seal。The application deadline is March 15, 2020。About the specific procedures，Including acceptance channel、Application Process、Submit materials、Acceptance time and method、Application deadline, etc.，Subject to the rent reduction and exemption announcements of each main unit under our M88 app。

5. Consultation methods

Contact information of the main entities under Greenland Holding M88 app:

6. Other M88 app

Greenland Holding M88 app reserves the right to support epidemic prevention and control，The final right of explanation for promoting the implementation of housing rent reduction and exemption work and relevant arrangements and unfinished matters。

If the housing rent reduction and exemption work under this work arrangement encounters relevant policy adjustments during the specific implementation process，Greenland Holding M88 app has the right to adjust relevant work arrangements。

This is an M88 app!

Greenland Holding M88 app

M88 app 3, 2020