Exhibit 4.27





Exhibit 4.27




Consulting and Services Agreement




Between




Shanghai CRIC Information Technology Co., Ltd.




(As Service Provider)




And




Shanghai Real Estate Sales (Group) Co., Ltd.




(As Service Recipient)




June 30, 2009




 









 




CONSULTING AND SERVICES AGREEMENT



This CONSULTING AND SERVICES AGREEMENT (this “Agreement”) is entered into on June 30, 2009 by and
between:




	 	 	 	 	 
	Party A:	 	Shanghai CRIC Information Technology Co., Ltd.
	 

	 	Registered address:
	 	Room 308, Building A, Science and Technology Building, No.149 Yanchang Road, Zhabei District, Shanghai
	 
	 	 	 	 
	Party B:	 	Shanghai Real Estate Sales (Group) Co., Ltd.
	 

	 	Registered address:
	 	Room 308, Building 1, No.1376 Jiangdong Road, Pudong New District, Shanghai





(In this Agreement, the above parties are referred to individually as a “Party” and collectively
the “Parties”.)




WHEREAS:





	1.	 	Party A is a limited liability company registered and validly existing in Shanghai, the PRC,
which is mainly engaged in the research, development and operation of real estate information
technology systems.
	 
	2.	 	To meet the demand of business operation, Party B intends to accept relevant information and
consulting services from Party A in accordance with the terms and conditions of this
Agreement, and Party A also intends to provide such information and consulting services.




THEREFORE, the Parties, through amicable negotiation, hereby agree as follows:




Article 1 Definitions



Unless otherwise specified in this Agreement, in this Agreement, the following terms shall have the
meanings prescribed thereto below.





	 	 	“Affiliate” means, with respect to Party B, an entity incorporated in the PRC under the PRC
laws, which controls, is controlled by or is under common control with Party B, other than any
entity controlled by CRIC Holdings Limited (a company incorporated under the laws of the Cayman Islands). The word “control” means the power
to directly or indirectly direct the management and affairs of a person or entity, whether by
ownership of voting equity interest or shares, contractual arrangements or otherwise.
	 
	 	 	“Term” has the meaning prescribed thereto in Article 7.1 hereof.




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	 	 	“Agency Projects” means (1) the housing sales agency projects of Party B or Party B’s
Affiliates which have been launched into the market as of the execution date of this
Agreement, as listed in Appendix 1 to this Agreement; and (2) the housing sales agency
projects of Party B or Party B’s Affiliates to be launched into the market during the Term and
as designated by Party B in writing.
	 
	 	 	“Regular Services” means the regular information and consulting services as listed in Appendix
2 to this Agreement, as amended from time to time pursuant to this Agreement.
	 
	 	 	“Special Services” has the meaning prescribed thereto in Article 3.1 hereof.
	 
	 	 	“Services” means the Regular Services and the Special Services.
	 
	 	 	“Regular Services Term” means (1) with respect to each Agency Project which has been launched
into the market as of the execution date of this Agreement, the period from the execution date
of this Agreement to the Closing Date of Regular Services; (2) with respect to each Agency
Project to be launched into the market during the Term, the period from the later of the
execution date of this Agreement and the 90th day prior to the date (Party B shall
notify Party A of such date in advance) on which such Agency Project is launched into the
market to the Closing Date of Regular Services.
	 
	 	 	“Closing Date of Regular Services” means, with respect to each Agency Project, the earlier of
(1) the date on which the agency period of such Agency Project expires or is early terminated,
(2) the date on which 100% of the housing for sales under such Agency Project are successfully
sold out, and (3) the date on which the Term expires or is early terminated.
	 
	 	 	“PRC” means the People’s Republic of China, for the purpose of this Agreement, excluding Hong
Kong Special Administrative Region, Macao Special Administrative Region and Taiwan.





Article 2 Regular Services





	2.1	 	Party A agrees to provide the Regular Services to Party B with respect to the Agency Projects
during the Regular Services Term pursuant to the terms and conditions of this Agreement. If any Agency Project is a housing sales agency project of
any Affiliate of Party B, Party B may instruct Party A to provide the Regular Services to
such Affiliate of Party B for such Agency Project.
	 
	 	 	For any Agency Project to be launched into the market during the Term, the Parties shall,
before Party A commences offering the Regular Services, clarify in writing the name and
basic information (including the date on which such




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	 	 	Agency Project is to be launched into the market) of such Agency Project in the form of a memorandum.
	 
	2.2	 	In consideration of the Regular Services provided by Party A in accordance with Article 2.1,
Party B shall pay service fees (the “Regular Service Fees”) to Party A in accordance with the
following requirements.






	 	(1)	 	With respect to each Agency Project which has been launched into the market
as of the execution date of this Agreement, for the period from April 1, 2009 to the
Closing Date of Regular Services of such Agency Project, Party B shall pay the Regular
Service Fees for such Agency Project to Party A in the amount of RMB seventy thousand
Yuan (RMB70,000) for each calendar quarter during the first year since April 1, 2009;
after expiry of such first year, the amount of the Regular Service Fees payable for
each calendar quarter shall be determined pursuant to paragraph (4) of Article 2.2 of
this Agreement.
	 
	 	(2)	 	With respect to each Agency Project to be launched into the market during the
Term, for the period from the date on which such Agency Project is launched into the
market to the Closing Date of Regular Services of such Agency Project, Party B shall
pay the Regular Service Fees for such Agency Project to Party A in the amount of RMB
seventy thousand Yuan (RMB70,000) for each calendar quarter during the first year
since April 1, 2009; after expiry of such first year, the amount of the Regular
Service Fees payable for each calendar quarter shall be determined pursuant to
paragraph (4) of Article 2.2 of this Agreement.
	 
	 	(3)	 	Notwithstanding the above provisions in this Article 2.2, if the date on
which a Agency Project is launched into the market is not the first day of a calendar
quarter, or if the Closing Date of Regular Services of a Agency Project is not the
last day of a calendar quarter, for the calendar quarter covering the date on which
such Agency Project is launched into the market or the Closing Date of Regular
Services of such Agency Project, Party B shall still pay the Regular Service Fees to
Party A in the amount of the applicable Regular Service Fees for a complete calendar
quarter.
	 
	 	(4)	 	Within one month prior to the expiration of each year starting from April 1,
2009, the Parties shall consult and enter into a memorandum on the amount of the
Regular Service Fees for each calendar quarter of the next year. The principle for the
Parties to consult on the amount of the Regular Service Fees for each calendar quarter
of the next year is that the amount of the Regular Service Fees for each calendar
quarter of the next year shall range from 80% to 120% of the amount of the Regular
Service




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	 	 	 	Fees for each calendar quarter of its preceding year.






	2.3	 	The Regular Service Fees shall be paid as follows.
	 
	 	 	Party B shall pay the Regular Service Fees of each calendar quarter to Party A by the last
day of that calendar quarter, provided that Party B shall pay the Regular Service Fees for
the calendar quarter covering the Closing Date of Regular Services by the Closing Date of
Regular Services.
	 
	2.4	 	After reaching agreement through consultation by the Parties, the Parties may enter into any
supplemental agreement from time to time to amend the details of the Regular Services listed
in Appendix 2 and accordingly adjust the calculation method of the Regular Service Fees under
Article 2.2 and/or the payment method of the Regular Service Fees under Article 2.3.





Article 3 Special Services





	3.1	 	Party A agrees to provide various customized information and consulting services (the
“Special Services”) to Party B or its designated Affiliate based on Party B’s special
requirement during the Term, pursuant to the terms and conditions of this Agreement.
	 
	3.2	 	If Party B needs Party A to provide the Special Services, it shall notify Party A of the
specific requirement in writing during the Term. Once Party B requests Party A to provide the
Special Services in writing, the Parties shall, as soon as possible, consult on the major
terms for Party A to provide such Special Services, and Party B and/or the Affiliate of Party
B receiving such Special Services shall enter into written agreement with Party A (the
“Special Services Agreement”), including but not limited to the service contents, service
team, service term, amount and payment of service fees, delivery of service products and title
of the intellectual property rights and etc. Before the Parties enter into the Special
Services Agreement on the major terms of offering such Special Services, Party A is not
obligated to provide such Special Services.
	 
	3.3	 	If the personnel, equipment or other resources of Party A at that time can not satisfy party
B’s requirement of the Special Services to be provided by Party A, or if the PRC laws or any agreement entered into by Party A restricts Party A to provide
the Special Services as specifically required by Party B, Party A may reject Party B’s
request, but it shall promptly notify Party B and explain the reasons.
	 
	3.4	 	The calculation standard and payment method of the service fees for the Special Services
shall be performed pursuant to the Special Services




4









 








	 	 	Agreement to be entered into at that time.





Article 4 Parties’ Agreements





	4.1	 	Party A shall prepare various equipment and personnel as reasonably required to provide the
Services, and shall purchase and install new equipment and employ new personnel as reasonably
required by Party B, in order to enable Party A to provide Services of good quality to Party B
or its Affiliate under this Agreement (other than those circumstances provided in Article
3.3).
	 
	4.2	 	To facilitate Party A to provide the Services, Party B shall provide Party A with the
relevant materials necessary for offering the Services and as reasonably required by Party A,
provided that Party B may not disclose to Party A such materials as the law or any agreement
entered into by Party B restricts Party B to disclose or Party B deems inappropriate to
disclose. Party B shall procure its Affiliate receiving Party A’s Services to comply with the
provisions of this Article 4.2. If Party A is unable to provide the complete Services due to
the failure of Party B or its Affiliate to disclose necessary materials, it shall not
constitute Party A’s breach of this Agreement.
	 
	4.3	 	Party B shall pay the Regular Service Fees to Party A in a timely manner and in full in
accordance with this Agreement.
	 
	4.4	 	If, during the period that Party A licenses Party B and/or its Affiliates to use the
“CRIC2009 China Real Estate Decision Making and Consulting System” (including its updated
versions, the “CRIC System”) pursuant to this Agreement, Party A is not able to ensure the
normal use of the CRIC System, the period for Party B and/or its Affiliates to use the CRIC
System shall be extended for the number of days on which the CRIC System can not be normally
used on a cumulative basis.
	 
	4.5	 	Party A shall use reasonable commercial efforts to update the CRIC System in a timely manner
and to ensure the genuineness and accuracy of the information provided in the CRIC System.





Article 5 Intellectual Property Rights





	5.1	 	Unless otherwise provided by this Agreement or the Special Services Agreement or otherwise
agreed by the Parties, the intellectual property rights in the working products originally
owned by Party A and created by Party A during offering of the Services should be vested in
Party A. Party B and its Affiliates only have the use right as expressly provided under this
Agreement or the Special Services Agreement with respect to the information provided by Party
A and the software (including the CRIC System) licensed to Party B and




5









 








	 	 	its Affiliates during offering of the Services.
	 
	5.2	 	Unless otherwise provided by this Agreement or the Special Services Agreement or otherwise
agreed by the Parties, Party B agrees that (1) Party B can only use the Services contents and
working products offered by Party A to Party B by providing the same to its employees for
their use for reference in research for the purpose of operating Party B’s major business, and
(2) Party B shall ensure its designated Affiliate to only use the Services contents and
working products offered by Party A to such Affiliate pursuant to this Agreement by providing
the same to its employees for their use for reference in research for the purpose of operating
its major business .
	 
	5.3	 	Each Party respectively undertakes to the other Party to indemnify the other Party against
any and all economic losses incurred by the other Party due to any of its infringement upon
others’ intellectual property rights (including but not limited to copyright, trademark,
patent and know-how).





Article 6 Representations and Warranties





	6.1	 	Each Party represents and warrants to the other Party that:






	 	(1)	 	it is a limited liability company lawfully incorporated and validly existing
under the PRC laws, having independent legal person status;
	 
	 	(2)	 	it has full and independent legal status and legal capacity to execute,
deliver and perform this Agreement, and may be an independent party to a lawsuit;
	 
	 	(3)	 	it has full internal corporate power and authorization to execute and deliver
this Agreement and all other documents related to the transaction contemplated by this
Agreement and to be executed by it; it has full power and authorization to consummate
the transaction contemplated by this Agreement;
	 
	 	(4)	 	this Agreement is lawfully and duly executed and delivered by it; this
Agreement constitutes its lawful and binding obligations, enforceable against it
according to the terms of this Agreement;
	 
	 	(5)	 	its execution, delivery and performance of this Agreement do not (i) violate
its articles of association or any other constitutional documents, (ii) conflict with
any agreement or contract or other document to which it is a party or its property is
subject, or (iii) violate or conflict with any applicable law.




6









 














	6.2	 	Party A represents and warrants to Party B that Party A’s offering of the Services to Party B
and/or its Affiliates pursuant to this Agreement and the Services contents provided by Party A
do not conflict with or infringe any intellectual property right or any other proprietary
right of any third party.





Article 7 Term





	7.1	 	This Agreement shall come into effect upon due execution by the Parties. Unless this
Agreement is terminated pursuant to the express provisions of this Agreement or as agreed by
the Parties in writing, the valid term of this Agreement shall be ten (10) years (the “Term”),
commencing from April 1, 2009. At least one (1) month before the expiration of the Term, the
Parties shall consult on the extension of the Term.
	 
	7.2	 	The Parties shall complete the approval and registration formalities to extend the business
term three (3) months before the expiration of their respective business term, so as to enable
the Term to continue.
	 
	7.3	 	Within one (1) year after termination of this Agreement, the Parties shall still comply with
the obligations under Article 8 of this Agreement.
	 
	7.4	 	Upon termination of this Agreement, Party B shall immediately, and shall procure its
Affiliates (if applicable) to immediately, delete, destroy or return to Party A all of the
CRIC System and the documents related to the CRIC System provided by Party A, including but
not limited to the system and the specifications of the system, the instruction manual and
etc., and shall not keep any copy thereof.





Article 8 Confidentiality





	8.1	 	Regardless of whether this Agreement is terminated or not, each Party shall keep strictly
confidential all the business secrets, proprietary information, customer information and all
other information of a confidential nature about the other Party known by it during the
execution and performance of this Agreement (collectively, the “Confidential Information”).
Unless a prior written consent is obtained from the Party disclosing the Confidential
Information (the “Disclosing Party”) or unless it is required to be disclosed to third parties
according to the stipulation of relevant laws and regulations or the requirement of the place where its affiliate is listed on a stock exchange, the Party
receiving the Confidential Information (the “Receiving Party”) shall not disclose to any
third party any Confidential Information. The Receiving Party shall not use any
Confidential Information other than for the purpose of performing this Agreement.




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	8.2	 	The following information shall not be deemed part of the Confidential Information:






	 	(a)	 	any information that has been lawfully acquired by the receiving Party in
advance, the evidence of which is substantiated in writing;
	 
	 	(b)	 	any information entering the public domain not attributable to the fault of
the Party receiving the information; or
	 
	 	(c)	 	any information lawfully acquired by the Party receiving the information
through other sources after its receipt of such information.






	8.3	 	For purpose of performing this Agreement, the Receiving Party may disclose the Confidential
Information to its relevant employees, agents or professionals retained by it. However, the
Receiving Party shall ensure that the aforesaid persons shall be bound by the relevant terms
and conditions of this Article 8. In addition, the Receiving Party shall be responsible for
any liability incurred as a result of such persons’ breach of the relevant terms and
conditions of this Article 8.
	 
	8.4	 	Party B shall ensure that its Affiliates receiving Party A’s Services shall comply with the
provisions of this Article 8 and shall assume liability for breach of contract due to such
Affiliate’s breach of the provisions of this Article 8 as if Party B breached such provisions.





Article 9 Notices





	9.1	 	Any notice, request, demand and other correspondences required by this Agreement or made in
accordance with this Agreement shall be delivered in writing to the relevant Party.
	 
	9.2	 	If any of such notice or other correspondences is transmitted by facsimile or telex, it shall
be treated as delivered immediately upon transmission; if delivered in person, it shall be
treated as delivered at the time of delivery; if posted by mail, it shall be treated as
delivered five (5) days after posting.





Article 10 Defaulting Liability





	10.1	 	The Parties agree and confirm that, if any Party (the “Defaulting Party”) substantially
violates any agreement herein or substantially fails to perform or delays performance of any
of the obligations hereunder, such violation, failure or delay shall constitute a default
under this Agreement. The non-defaulting Party shall have the right to request the Defaulting
Party to rectify or take remedial actions within a reasonable period. If the Defaulting Party
fails to




8









 








	 	 	rectify or take remedial actions within such reasonable period or within fifteen (15)
days after the non-defaulting Party notifies the Defaulting Party in writing requiring
rectification, then the non-defaulting Party is entitled to decide at its own discretion to:






	 	(1)	 	terminate this Agreement and require the Defaulting Party to indemnify all of
its damages; or
	 
	 	(2)	 	request the Defaulting Party to perform its obligations under this Agreement
and require the Defaulting Party to indemnify all of its damages.






	10.2	 	Notwithstanding any other provision herein, the effect of this Article 10 shall not be
affected by the termination of this Agreement.





Article 11 Force Majeure



If the performance by one Party of this Agreement is directly affected or if one Party cannot
perform this Agreement in accordance with the agreed conditions due to any unforeseeable force
majeure event or an force majeure event whose consequences cannot be prevented or avoided,
including earthquakes, typhoons, floods, fires, wars, computer viruses, design loopholes in
software tools, hacker attacks on the Internet, changes to policies or laws, etc, the affected
Party shall immediately give a notice by fax to the other Party and shall within fifteen (15) days
provide the other Party with supporting documents issued by the relevant government authorities
describing the details of the force majeure event and the reason why this Agreement cannot be
performed or why the performance needs to be postponed. If the force majeure event lasts more than
thirty (30) days, the Parties hereto shall negotiate amicably and as soon as possible determine
whether or not part of this Agreement shall be released from performance or whether or not the
performance of this Agreement shall be postponed, depending on the degree of impact of this force
majeure event on the performance of this Agreement. Each Party shall not be held liable for any
economic losses of the other Party caused by such Party’s failure to perform this Agreement
completely due to a force majeure event.




Article 12 Miscellaneous





	12.1	 	This Agreement is written in Chinese and executed in two (2) originals, with one (1) original to be retained by each Party hereto.
	 
	12.2	 	The execution, effectiveness, performance, revision, interpretation and termination of this
Agreement shall be governed by the laws of the PRC.
	 
	12.3	 	Any dispute arising out of and in connection with this Agreement shall be




9









 








	 	 	resolved through
consultations among the Parties. In case the Parties fail to reach agreement within thirty
(30) days after the dispute arises, such dispute shall be submitted to Shanghai Sub-Commission
of China International Economic and Trade Arbitration Commission for arbitration in Shanghai
in accordance with such Commission’s then-effective arbitration rules, and the arbitration
award shall be final and binding on the Parties.
	 
	12.4	 	None of the rights, powers or remedies granted to any Party by any provision herein shall
preclude any other rights, powers or remedies available to such Party at law and under the
other provisions of this Agreement. In addition, the exercising by one Party of any of its
rights, powers and remedies shall not exclude such Party from exercising any of its other
rights, powers and remedies.
	 
	12.5	 	No failure or delay by a Party in exercising any rights, powers and remedies available to it
hereunder or at law (hereinafter, the “Party’s Rights”) shall result in a waiver thereof, nor
shall the waiver of any single or partial exercise of the Party’s Rights shall exclude such
Party from exercising such rights in any other way and exercising the other Party’s Rights.
	 
	12.6	 	Each provision contained herein shall be severable and independent from each of the other
provisions. If any one or more provisions herein become(s) invalid, illegal or unenforceable
at any time, the validity, legality and enforceability of the remaining provisions herein
shall not be affected as a result thereof.
	 
	12.7	 	Any amendment or supplement hereto shall be made in writing and shall become effective only
upon due execution by the Parties hereto.
	 
	12.8	 	Without the prior written consent of the other Party, each Party shall not transfer any of
its rights and/or obligations hereunder to any third party.
	 
	12.9	 	This Agreement shall be binding on the legal successors of the Parties.
	 
	12.10	 	The headings herein are used for reference only, and in no event shall such headings be used
for or affect the interpretation of the provisions hereof.
	 
	12.11	 	Each Party shall pay its own costs and expenses incurred in connection with the negotiation,
preparation, execution and performance of this Agreement. Each Party shall be responsible for all taxes payable by it under applicable laws incurred
from the execution, performance and consummation of transactions as contemplated hereby.





[The remainder of this page intentionally left blank]




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[EXECUTION PAGE]



IN WITNESS WHEREOF, this CONSULTING AND SERVICES AGREEMENT is executed by the following Parties on
the date first written above.




Shanghai CRIC Information Technology Co., Ltd.




(Company Seal)




	 	 	 	 	 
	Signature:	 	/seal/	 	 



Name:




Title:




Shanghai Real Estate Sales (Group) Co., Ltd.




(Company Seal)





	 	 	 	 	 
	Signature:	 	/seal/	 	 





Name:




Title:





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APPENDIX 1




Housing Sales Agency Projects Already Launched Into the Market as of the Execution Date of This Agreement




	 	 	 	 	 	 	 	 	 	 	 
	City	 	No.	 	Project	 	City	 	No.	 	Project
	Beijing	 	1	 		 	Zhengzhou	 	36	 	
	Beijing	 	2	 		 	Zhengzhou	 	37	 	
	Beijing	 	3	 		 	Zhengzhou	 	38	 	
	Beijing	 	4	 		 	Zhengzhou	 	39	 	
	Beijing	 	5	 		 	Wuhan	 	40	 	
	Beijing	 	6	 		 	Wuhan	 	41	 	
	Beijing	 	7	 		 	Wuhan	 	42	 	
	Beijing	 	8	 		 	Wuhan	 	43	 	
	Shenyang	 	9	 		 	Wuhan	 	44	 	
	Shenyang	 	10	 		 	Wuhan	 	45	 	
	Shenyang	 	11	 		 	Wuhan	 	46	 	
	Shenyang	 	12	 		 	Wuhan	 	47	 	
	Shenyang	 	13	 		 	Wuhan	 	48	 	
	Shenyang	 	14	 		 	Wuhan	 	49	 	
	Shenyang	 	15	 		 	Wuhan	 	50	 	
	Tianjin	 	16	 		 	Wuhan	 	51	 	
	Tianjin	 	17	 		 	Wuhan	 	52	 	
	Tianjin	 	18	 		 	Nanchang	 	53	 	
	Tianjin	 	19	 		 	Nanchang	 	54	 	
	Tianjin	 	20	 		 	Nanchang	 	55	 	
	Tianjin	 	21	 		 	Nanchang	 	56	 	
	Tianjin	 	22	 		 	Nanchang	 	57	 	
	Tianjin	 	23	 		 	Nanchang	 	58	 	
	Tianjin	 	24	 		 	Nanchang	 	59	 	
	Jinan	 	25	 		 	Changsha	 	60	 	
	Jinan	 	26	 		 	Changsha	 	61	 	
	Jinan	 	27	 		 	Changsha	 	62	 	
	Jinan	 	28	 		 	Changsha	 	63	 	
	Jinan	 	29	 		 	Changsha	 	64	 	
	Jinan	 	30	 		 	Changsha	 	65	 	
	Qingdao	 	31	 		 	Changsha	 	66	 	
	Qingdao	 	32	 		 	Changsha	 	67	 	
	Zhengzhou	 	33	 		 	Xi’an	 	68	 	
	Zhengzhou	 	34	 		 	Xi’an	 	69	 	
	Zhengzhou	 	35	 		 	Xi’an	 	70	 	






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	City	 	No.	 	Project	 	City	 	No.	 	Project
	Xi’an	 	71	 		 	Hefei	 	112	 	
	Xi’an	 	72	 		 	Hefei	 	113	 	
	Xi’an	 	73	 		 	Nanjing	 	114	 	
	Xi’an	 	74	 		 	Nanjing	 	115	 	
	Xi’an	 	75	 		 	Xuzhou	 	116	 	
	Chengdu	 	76	 		 	Xuzhou	 	117	 	
	Chengdu	 	77	 		 	Xuzhou	 	118	 	
	Chengdu	 	78	 		 	Xuzhou	 	119	 	
	Chongqing	 	79	 		 	Shanghai	 	120	 	
	Chongqing	 	80	 		 	Shanghai	 	121	 	
	Chongqing	 	81	 		 	Shanghai	 	122	 	
	Chongqing	 	82	 		 	Shanghai	 	123	 	
	Chongqing	 	83	 		 	Shanghai	 	124	 	
	Hangzhou	 	84	 		 	Shanghai	 	125	 	
	Hangzhou	 	85	 		 	Shanghai	 	126	 	
	Hangzhou	 	86	 		 	Shanghai	 	127	 	
	Hangzhou	 	87	 		 	Shanghai	 	128	 	
	Hangzhou	 	88	 		 	Shanghai	 	129	 	
	Hangzhou	 	89	 		 	Shanghai	 	130	 	
	Hangzhou	 	90	 		 	Shanghai	 	131	 	
	Hangzhou	 	91	 		 	Shanghai	 	132	 	
	Changzhou	 	92	 		 	Shanghai	 	133	 	
	Changzhou	 	93	 		 	Shanghai	 	134	 	
	Changzhou	 	94	 		 	Shanghai	 	135	 	
	Changzhou	 	95	 		 	Shanghai	 	136	 	
	Changzhou	 	96	 		 	Shanghai	 	137	 	
	Wuxi	 	97	 		 	Shanghai	 	138	 	
	Wuxi	 	98	 		 	Shanghai	 	139	 	
	Wuxi	 	99	 		 	Shanghai	 	140	 	
	Wuxi	 	100	 		 	Shanghai	 	141	 	
	Suzhou	 	101	 		 	Shanghai	 	142	 	
	Suzhou	 	102	 		 	Shanghai	 	143	 	
	Suzhou	 	103	 		 	Shanghai	 	144	 	
	Suzhou	 	104	 		 	Shanghai	 	145	 	
	Suzhou	 	105	 		 	Shanghai	 	146	 	
	Suzhou	 	106	 		 	Shanghai	 	147	 	
	Yangzhou	 	107	 		 	Shanghai	 	148	 	
	Yangzhou	 	108	 		 	Shanghai	 	149	 	
	Yangzhou	 	109	 		 	Shanghai	 	150	 	
	Yangzhou	 	110	 		 	Shanghai	 	151	 	
	Hefei	 	111	 		 	Shanghai	 	152	 	






13








 








	 	 	 	 	 	 	 	 	 	 	 
	City	 	No.	 	Project	 	City	 	No.	 	Project
	Shanghai	 	153	 		 	Fuzhou	 	159	 	
	Shanghai	 	154	 		 	Fuzhou	 	160	 	
	Shanghai	 	155	 		 	Fuzhou	 	161	 	
	Shanghai	 	156	 		 	Fuzhou	 	162	 	
	Shanghai	 	157	 		 	Guangzhou	 	163	 	
	Shanghai	 	158	 		 	In Total	 	163	 	 






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APPENDIX 2




Regular Services: CRIC System and contents of CRIC System Market Consulting Services





	1.	 	CRIC urban real estate database system (including project database) services:
	 
	l	 	To install the system for the cities where Party A has completed the development of the CRIC System;
	 
	l	 	To keep the information in the installed real estate database updated.
	 
	2.	 	Project dynamic market analysis by using CRIC monitoring system (project and market):
	 
	l	 	City’s overall economic conditions, real estate development status
and macro-market analysis;
	 
	l	 	Regional market analysis, competitive market analysis.
	 
	3.	 	Consulting services to be provided by Party A based on Party B’s requirements confirmed in
writing in the form of written documents, conversation and others.






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