ex4-32.htm


    
      Exhibit
        4.32

       

      UNION
        PLAZA NO. 2003008

       

      RENEWAL
        AGREEMENT

       

      Party
        A: Beijing Fu Yu Da Real Estate Development Co., Ltd. 

       

      Party
        B: Beijing Ninetowns Ports Software and Technology Co., Ltd.


       

      
        	
                 

                 

              	
                1.

                 

              	
                Party
                  B continues to lease Unit 501, 5/F, Union Plaza with a total
                  usage area of 1350 square meters. 

                 

              


      

      
        	
                 

                 

              	
                2.

                 

              	
                Party
                  B shall lease from April 1, 2007 to June 30, 2007.
                  

                 

              


      

      
        	
                 

                 

              	
                3.

                 

              	
                Party
                  B shall lease at a monthly rent of RMB161.40 (including
                  property management fee) per square meter (usage area), total amount
                  of
                  rent per month being RMB217890.00. Under this agreement, Party
                  B shall pay
                  to Party A an amount of RMB653670.00 being the rent and management
                  fee.
                  

                 

              


      

      
        	
                 

                 

              	
                4.

                 

              	
                This
                  renewal agreement consists of two identical copies, and each
                  party keeps one copy.

                 

              


      

      
        	
                 

                 

              	
                5.

                 

              	
                The
                  other provisions relating to this lease and the rights and
                  obligations of Party A and Party B shall be governed by the 2003008
                  lease
                  agreement entered into by the two parties hereto. 

                 

              


      

       

      
        	
                Party
                  A

                 

              	
                :

                 

              	
                Beijing
                  Fu Yu Da Real Estate Development Co., Ltd. 

                 

              	
                 

                 

              	
                Party
                  B

                 

              	
                :

                 

              	
                Beijing
                  Ninetowns Ports Software and Technology Co.,
                  Ltd.

                 

              
	
                 

                 

              	
                 

                 

              	
                 

                 

              	
                 

                 

              	
                 

                 

              	
                 

                 

              	
                 

                 

              
	
                Legal
                  Representative:

                 

              	
                [Seal]

                 

              	
                 

                 

              	
                Legal
                  Representative:

                 

              	
                [Seal]

                 

              
	
                 

                 

              	
                 

                 

              	
                 

                 

              	
                 

                 

              	
                 

                 

              	
                 

                 

              	
                 

                 

              
	
                Handling
                  Person:

                 

              	
                 

                 

              	
                Handling
                  Person:

                 

              
	
                 

                 

              	
                 

                 

              	
                 

                 

              
	
                Date:
                  March 20, 2007

                 

              	
                 

                 

              	
                Date:
                  March 20, 2007