Document:

Exhibit 4.25

 

EXCLUSIVE CALL OPTION AGREEMENT

(Summary Translation)

 

This Exclusive Call Option Agreement (this “ Agreement
”) is made and entered into by the Parties below on December 4, 2014.

 

		(1)	Beijing Tuo Shi Huan Yu Network Technology Co., Ltd., a limited liability company established and existing under the PRC laws
(“Party A”);

 

		(2)	Mo Tianquan, a PRC citizen (“Party B”); and

 

		(3)	Beijing Hua Ju Tian Xia Network Technology Co., Ltd., a limited liability company established and existing under the PRC laws
(“Party C”).

 

In this Agreement, Party A, Party B and Party
C are each referred to as a “Party” and collectively the “Parties.”

 

WHEREAS :

 

Party B holds 100% equity interests in Party C;

 

Party A and Party C entered into an exclusive
technical consultancy and services agreement (the “Exclusive Technical Consultancy and Services Agreement”)
on December 4, 2014; Party B and Party A entered into an equity pledge agreement (the “Equity Pledge Agreement”)
on December 4, 2014; and Party B and Party A entered into a loan agreement (the “Loan Agreement”) on December
4, 2014.

 

NOW, THEREFORE, the Parties through negotiations hereby agree as
follows:

 

		1.	Transfer of Equity Interest

 

		1.1	Granting of Rights

 

Party B hereby irrevocably grants Party A or one or more persons
designated by Party A (each, a “ Designated Person ”) an irrevocable and exclusive right to purchase (the “
Call Option ”) from Party B the whole or a part of the equity interest in Party C held by Party B (the “ Target
Equity ”) exercisable by Party A at its own option and at the price set forth in Article 1.3 herein pursuant to any applicable
PRC laws. Unless the prior written consent of Party A and its Designated Person has been obtained, Party B shall not sell, transfer
or dispose of the Target Equity in any way to any other person. Party C hereby agrees to Party B’s granting to Party A the
Call Option.

 

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The reference to “person” in this Section and this Agreement
are to a natural person, legal person or non-legal person entity.

 

		1.2	Exercise Procedure

 

Party A shall exercise its Call Option in accordance with the relevant
PRC laws and regulations. When exercising its aforesaid Call Option, Party A shall send to Party B a written notice (a “
Notice of Equity Purchase ”) and such Notice shall contain the following matters: (a) the decision of Party A to exercise
the Call Option; (b) the number of shares to be purchased by Party A; and (c) purchase date and transfer date of the equity interests.

 

		1.3	Equity Price

 

Unless valuation is required by applicable laws, the price for the
Target Equity (the “ Equity Price ”) shall be equal to the actual amount of capital injection subscribed by
Party B for the Target Equity.

 

		1.4	Transfer of Target Equity

 

Whenever Party A is to exercise its Call Option:

 

(a) Party B shall instruct Party C to hold a shareholders meeting
in time, and a resolution shall be passed during such meeting that approves Party B’s transfer of its equity interests in
Party C to Party A and/or its Designated Person.

 

(b) Party B shall sign an equity interest transfer agreement with
Party A (or its Designated Person, as applicable) in accordance with this Agreement and the Notice of Equity Purchase.

 

(c) The relevant Parties shall sign all other necessary contracts,
agreements or documents, obtain all necessary governmental approval and consent, take all necessary actions to transfer, without
attaching any Security Interests, the ownership of the Target Equity to Party A and/or the Designated Person; and cause Party A
and/or the Designated Person to become the registered owner of the aforesaid Target Equity. For the purposes of this Section and
this Agreement, “Security Interests” include liens, warrants, mortgages, pledges, rights and interests of a third party,
any right to purchase, right to procure, right of priority, right to setoff, withholding of ownership, or other security arrangement;
provided, however, that the “Security Interests’’ exclude any lien or security interests under this Agreement
and the Equity Pledge Agreement.

 

(d) Before Party A and/or the Designated Person exercise the Call
Option, Party B may, with the prior written consent of Party A and/or the Designated Person, transfer to a third party other than
Party A and/or the Designated Person the Target Equity, and such third party shall succeed to all obligations, undertakings, representations
and warranties of Party B under this Agreement as if is had been a Party hereof.

 

		1.5	Payment

 

Whereas it is agreed in the Loan Agreement between Party B and
Party A that any profits or gains from the transfer of Party B’s equity interest in Party C shall be paid back by Party
B to Party A or a person designated by Party A as repayment under the Loan Agreement. Therefore, when Party A
exercises its Call Option, the Equity Price shall be used by Party B to repay Party A for the loan, and Party A does not need
to make any additional payment to Party B for the Equity Price.

 

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		2.	Undertakings in Relation to Equity Interest

 

		2.1	Party C’s Undertakings

 

Party C hereby undertakes:

 

(a) Without the prior written consent of Party A, Party C shall
not supplement, amend or otherwise modify any document in any way that relates to the constitution of Party C, increases or reduces
its registered capital, or changes the structure of its registered capital in any other way;

 

(b) Party C shall maintain its corporate existence, operate and
deal with its business diligently and effectively in accordance with good financial and commercial standards and practices;

 

(c) Without the prior written consent of Party A, Party C shall
not, in any way at any time after the execution of this Agreement, sell, transfer, mortgage or dispose of any of its legal rights
and interests in relation to its assets, business or income, or allow the existence of any other Security Interests thereon;

 

(d) Without the prior written consent of Party A, no debts may be
incurred by, or be succeeded to or warranted or allowed to exist in, Party C, except the following debts: (i) debts incurred in
the normal or daily business operations, and (ii) debts incurred with prior consent in writing by Party A;

 

(e) Party C shall continue to operate all of its business normally
in order to maintain the value of its assets, and may not perform any act or fail to perform an act that may materially affect
its operations and the value of its assets;

 

(f) Without the prior written consent of Party A, Party C may not
sign any material contract, the value of which is over Renminbi one hundred thousand (RMB 100,000), except for any contract in
its normal course of business;

 

(g) Without the prior written consent of Party A, Party C may not
provide any loan or security/warranty for any other party;

 

(h) Upon Party A’s request, Party C shall provide all materials
in relation to its operations and financial condition to Party A;

 

(i) Party C shall, with Party A’s consent, purchase and maintain
insurance, the amount and specific coverage of which shall be the same as those taken out by companies in similar businesses with
similar properties or assets in the same area;

 

(j) Without the prior written consent of Party A, Party C may not
consolidate or merge with any party, acquire any party, or invest in any party;

 

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(k) It shall forthwith notify Party A of any litigation, arbitration
or administrative proceedings that happened or is to happen in relation to the assets, business and income of Party C;

 

(l) In order to maintain Party C’s ownership of all of its
assets, Party C shall sign and deliver all necessary or proper documents, take all necessary or proper actions, lodge all necessary
or proper complaints or raise all necessary or proper defenses against all claims;

 

(m) Without the prior written consent of Party A, Party C may not
declare or pay dividends to its of Party C, provided however that, upon Party A’s request, Party C shall forthwith distribute
all of its distributable profits to its respective shareholders; and

 

(n) Upon Party A’s request, Party C shall appoint the person
designated by Party D to take up any directorship at Party C.

 

		2.2	Party B’s Undertakings

 

Party B hereby undertakes:

 

(a) Without the prior written consent of Party A, Party B shall
not in any way at any time after the signing of this Agreement sell, transfer, mortgage or dispose of any of its legal rights and
interests in relation to the equity interests in Party C held by Party B, or allow the existence of any other Security Interests
therein, except for the pledge of the equity interests in Party C held by Party B under the Equity Pledge Agreement;

 

(b) It shall cause the shareholders meetings of Party C not to approve,
without the prior written consent of Party A, any action to sell, transfer, mortgage or dispose of any of its legal rights and
interests in relation to any equity interests in Party C, or allow the existence of any other Security Interests therein, except
for the pledge of such equity interests in Party C held by Party B under the Equity Pledge Agreement;

 

(c) It shall cause the shareholders meetings of Party C not to approve,
without the prior written consent of Party A, that Party C is to consolidate or merge with any party, acquire any party, or invest
in any party;

 

(d) It shall forthwith notify Party A of any litigation, arbitration
or administrative proceedings that happened or is to happen in relation to the equity interests in Party C held by Party B;

 

(e) It shall cause the shareholders meetings of Party C to vote
for the transfer of the Target Equity under this Agreement;

 

(f) In order to maintain the ownership of all of the equity interests
held by Party B in Party C before transferring such equity interests to Party A, Party B shall sign and deliver all necessary or
proper documents, take all necessary or proper actions, and raise all necessary or proper claims or all necessary or proper defenses
against all claims;

 

(g) Upon Party A’s request, Party C shall appoint the person
designated by Party D to take up any directorship at Party C;

 

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(h) Upon Party A’s request, Party B shall unconditionally
transfer its equity interests in Party C forthwith to Party A and/or the representative designated by Party A and to disclaim and
give up any preemptive or priority right to purchase Party C’s equity interests; and

 

(i) Party B shall strictly comply with provisions in this Agreement
and other contracts contemplated hereunder, perform its obligations hereunder and thereunder, and not perform any act or fail to
perform an act that may materially affect the validity and enforceability of this Agreement.

 

(j) Upon request by Party A, remit all the
profits distributed by Party C to Party A.

 

		3.	Representations and Warranties

 

Party B and Party C hereby, on the signing date of this Agreement
and each date of transfer of the Target Equity, jointly and severally represent and warrant to Party A as follows:

 

(a) Each Party is legally competent and has the right to sign and
deliver this Agreement, to sign pursuant to this Agreement any equity transfer agreement (collectively referred to as “ Transfer
Agreement ”) to transfer the Target Equity, and to perform its obligations hereunder and under any Transfer Agreement.
This Agreement and any Transfer Agreement, upon signature, shall be legal, valid and binding upon each Party and may be enforced
against each Party in accordance with their terms and conditions;

 

(b) The execution and delivery of this Agreement or any Transfer
Agreement or the performance by each Party of its obligations hereunder or under any Transfer Agreement shall not (i) lead to a
violation of any relevant PRC laws, (ii) be in conflict with or contradiction to the articles of association or any other constitutional
documents of Party B and Party C, (iii) lead to a violation or breach of any contract or document of which Party B or Party C is
a party or by which it is bound, (iv) lead to a violation of any conditions for any license, approval or their validity or (v)
lead to the suspension or cancellation of any license or approval, or imposition of additional conditions for such license or approval;

 

(c) Party B owns all of the equity interests in Party C, and unless
permitted in the Equity Pledge Agreement, Party B has no Security Interests in the aforesaid assets;

 

(d) Party C does not have any other unpaid debts, except for (i)
debts incurred in its normal business operations and (ii) debts incurred with Party A’s prior consent in writing; and

 

(e) No litigation, arbitration or administrative proceedings in
relation to the equity interests in Party C or Party C’s assets are currently on-going, pending, or likely to occur.

 

		4.	Effective Date and Term

 

This Agreement
shall come into force upon signature by the Parties and shall remain valid for ten (10) years. It may be extended for an additional
ten (10) years at Party A’s option. Party A shall be entitled to extend the contract period in the above-mentioned
manner and at its sole discretion, and Party B shall unconditionally agree to such extension by Party A.

 

		5.	Governing Law and Dispute Resolution

 

		5.1	Governing Law

 

The PRC law shall govern the execution, validity,
interpretation, amendment, termination and resolution of disputes arising out of this Agreement. The PRC law referred to
herein does not include the laws of Taiwan, the Hong Kong Special Administration Region or the Macau Special Administration
Region.

 

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		5.2	Dispute Resolution

 

Any dispute arising out of this Agreement or other related disputes
shall be settled first through friendly negotiations. If such dispute cannot be so settled within thirty (30) days after one Party
sends a written notice to another Party, it may be submitted by either Party to the China International Economic and Trade Arbitration
Commission and be arbitrated in Beijing, China in accordance with its arbitration rules. The arbitration award shall be accepted
as final and binding upon all Parties.

 

		6.	Taxation and Expenses

 

Each Party shall bear any and all taxation, cost and expenses that
occur to such Party for the transfer and registration for the Target Equity and for the preparation and execution of this Agreement
and any Transfer Agreement and the performance and completion of the transactions contemplated under this Agreement and any Transfer
Agreement.

 

		7.	Notice

 

Any notice or other communication sent by any Party shall be written
in Chinese, and sent by mail or facsimile transmission to the addresses of the other Parties set forth below or to other designated
addresses previously notified by any such other Party. If any Party changes its address, it shall notify the other Parties of such
change in a timely and effective manner. The dates on which such notices are deemed to have been effectively given shall be determined
as follows:

 

	 	(A)	Notices given by personal delivery shall be deemed effectively given on the date of personal delivery;

 

		(B)	Notices sent by registered airmail (postage prepaid) shall be deemed effectively given on the seventh (7th ) day after the
date on which they were mailed (as indicated by the postmark);

 

		(C)	Notices sent by a courier recognized by the Parties shall be deemed effectively given on the third (3rd ) day after they were
sent to such courier service agency; and

 

		(D)	Notices sent by facsimile transmission shall be deemed effectively given on the first business day following the date of transmission,
as indicated on the document.

 

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		8.	Confidentiality

 

The Parties hereby acknowledge and confirm that any oral or written
materials exchanged between the Parties in relation to this Agreement are confidential materials. Each Party hereby agrees that
it shall keep confidential any other Party’s confidential materials. Without the prior written consent of such other Party,
such Party shall not disclose to any third party such confidential materials, unless in the following cases: (a) such materials
are known or to become known by public (not disclosed to public by such Party through its own fault); (b) applicable laws require
disclosure of such materials; or (c) such materials are disclosed, in relation to the transactions contemplated in this Agreement,
to such Party’s legal, financial and other consultants who are subject to similar confidentiality provisions. Any disclosure
of such confidential materials by any working staff or institution of any Party shall be deemed as disclosure of confidential materials
by such Party, and such Party shall bear responsibilities. This section shall remain valid whether or not this Agreement has terminated
due to any reason.

 

		9.	Further Warranties

 

The Parties hereby agree to sign, as soon as possible, all reasonable
and necessary documents or documents conducive to the Parties for the purposes of performing this Agreement, and further take all
reasonable and necessary actions or actions conducive to the Parties for the purposes of performing this Agreement.

 

		10.	Miscellaneous Terms

 

		10.1	Modification, Amendment and Supplement

 

Any modification, amendment and supplement to this Agreement shall
be made upon written consent by the Parties.

 

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		10.2	Observance of Laws and Regulations

 

The Parties shall observe all PRC laws and regulations and confirm
that each Party’s operations fully comply with such laws and regulations.

 

		10.3	Complete Agreement

 

Except for the written modification, amendment and supplement to
this Agreement after its signing, this Agreement and Schedule I shall constitute the complete Agreement made by the Parties in
relation to the aforesaid matters.

 

		10.4	Title

 

The titles in this Agreement are for convenience only and shall
not be used for interpretation, description or other purposes that may affect the meanings of provisions herein.

 

		10.5	Language

 

This Agreement is made in Chinese in five originals.

 

		10.6	Severability

 

If any of the terms or conditions hereunder or any portion thereof
shall be invalid, illegal, or unenforceable under any applicable PRC laws, the validity, legality and enforceability of the remaining
provisions hereunder shall not be in any way affected or impaired. The Parties shall negotiate in good faith to reach an agreement
on a provision to replace the invalid. The economic effect resulting from such valid provisions shall be equal to that from the
invalid, illegal or unenforceable provisions.

 

		10.7	Successor

 

This Agreement is binding upon each Party’s successors and
transferees of equity interest, as if they were the contracting Parties hereof.

 

		10.8	Continuous Validity

 

Any obligations due or becoming due before the expiry of this Agreement
shall continue to be valid after the expiry.

 

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		10.9	Non-waiver

 

The failure of any Party to exercise its rights to investigate the
breach of any other Party in any specific case shall not be deemed a waiver of such rights in any other cases alike or not.

 

	Party A: Beijing Tuo Shi Huan Yu Network Technology Co., Ltd. (seal)
	Signed:	/s/	 
	Authorized signatory
	 
	Party B: Mo Tianquan
	Signed:	/s/ Mo Tianquan	 
	 
	Party C: Beijing Hua Ju Tian Xia Network Technology Co., Ltd. (seal)
	Signed:	/s/	 
	Authorized signatory

 

    	9Exhibit 4.27

 

Real Estate Sale and Purchase Agreement II

(Summary Translation)

 

Party A: Lvdi Group Chengdu Real Property Co.,
Ltd.

Party B: Beijing SouFun Network Technology
Co., Ltd.

Party C: Chendu Hailian Industrial Development
Co., Ltd.

 

This Agreement is made by
and among Party A, Party B and Party C upon amicable negotiation regarding Party B’s purchase of the property of Green Land
Window Project located in Dayuan Business Area, Chengdu High-Tech Industrial Development Zone controlled by Party A and developed
by Party C and shall be binding upon the parties hereto.

 

Article 1 Property price,
payment time and payment method

 

I. Property price

 

The commodity houses to be purchased
by Party B (hereinafter referred to as the “Property”) are the following parts of building 1 of Green Land Window Project,
Chengdu:

 

		(1)	Floors 3- 12 for office use;

 

		(2)	Floors 1-2 for commercial use; and

 

		(3)	373 parking spaces with commercial title in basements 1-3 of building 1 of Green Land Window Project.

 

The total price of the said Property shall
be RMB345,007,470.

 

Except for such property price,
no other fees, costs or expenses shall be otherwise paid to Party A (other than expenses to be withheld or collected by Party A
pursuant to applicable laws and regulations).

 

II. Payment time

 

		(1)	Party B shall pay the down payment of the Property, that is, RMB230,000,000 in total prior to June
30, 2014.

 

		(2)	Party B shall pay the second installment of the property price, that is, RMB62,000,000 in total
prior to September 30, 2014.

 

		(3)	Party B shall pay the balance of the property price, that is, RMB53,007,470 in total prior to the
agreed delivery date of the Property (December 31, 2014). The Property shall only be handed over upon full payment of the property
price (other than the retention money agreed herein).

 

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III. Payment method

 

Information of the account used to receive
the total property price as designated by Party A and Party C is as follows:

 

Article 2 Liability for late payment

 

		(1)	Should Party B fail to make payment as scheduled and the payment is late for no more than 90 days,
it shall, during the period from the next day after expiration of the agreed payment term to the date on which the payables are
actually paid, pay Party A a penalty equal to 0.1% of the amount of the late payment on a daily basis which shall be paid to Party
A within 30 days upon actual payment of the payables and in such case, this Agreement shall continue to be performed.

 

		(2)	Where the payment is late for more than 90 days, Party A shall have the right to terminate this
Agreement, in which case, Party B shall pay Party A a penalty equal to 5% of the total price hereof. If Party A intends to continue
to perform this Agreement, Party B shall, during the period from the next day after expiration of the agreed payment term to the
date on which the payables are actually paid, pay Party A a penalty equal to 0.2% of the amount of the late payment on a daily
basis.

 

For the purpose of this article,
the amount of late payment refers to the difference between the agreed due and payable amount and the amount actually paid.

 

Article 3 Delivery conditions

 

		(1)	Party A and Party C warrant that the Property will be handed over to Party B prior to December
31, 2014. Upon delivery, the Property shall meet all of the following conditions.

 

		1.	The planning acceptance certificate of the Property has been obtained.

		2.	The area measurement report of such Property issued by a qualified house property surveying and
mapping organization is available.

		3.	The Property is in compliance with requirements of Commodity House Delivery Standards. If products
of any alternative brand of the same grade are to be used in decoration, furnishing, configuration and unfinished works, consent
of Party B shall be required.

		4.	Construction planning permit, construction land planning permit, construction permit and land use
right certificate of the building in which the Property is located have been obtained.

		5.	The building in which the Property is located, based
on its current situation, is not an illegal building, is in compliance with the planning, environmental protection, health, firefighting
and construction requirements and standards stipulated by the government and other relevant regulations, has been passed the relevant
acceptance inspection and is not subject to attachment, seizure and other enforcement actions taken by courts or other government
bodies.

 

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		6.	The internal works and interior decoration and furnishing of the Property are in compliance with
firefighting, environmental protection and other requirements and the firefighting, environmental protection acceptance and other
permits issued by the local government authority are available.

		7.	The mortgage on the Property’s share of the land use right has been discharged.

		8.	The Property can meet Party B’s demand for use immediately after delivery.

		9.	If construction of the unfinished works is inconsistent with the original planning and design,
consent of Party B shall be obtained.

		10.	Decoration and configuration which are not set forth in Commodity House Delivery Standards shall
comply with national standards and shall meet the requirements for Grade A office space.

 

		(2)	Upon the aforementioned delivery conditions being fulfilled, Party A and Party C shall, within
7 days prior to the delivery date, give a written notice to Party B, stating the time and place of the delivery procedures and
the certificates and documents required.

 

Article 4 Delivery

 

Party A shall, within 180 business days after
the property delivery date, obtain the ownership certificate of the building in which the Property is located. If, Party B, due
to fault of Party A or Party C, fails to obtain the property ownership certificate within 180 working days after the property delivery
date and such delay is within 90 days, Party A and Party C shall pay Party B a penalty equal to 0.05% of the total price hereof
on a daily basis, should such delay last for more than 90 days, Party B shall have the right to return the property, in which case,
Party A or Party C shall, within 30 days upon the notice of return being served, refund all amounts paid by Party B, pay Party
B a compensation equal to 50% of the total property price and indemnify Party B for other losses caused thereby. Party A shall
be deemed as having completed delivery of the Property upon fulfillment of all delivery conditions set forth in article 3 hereof,
receipt of the property ownership certificate and completion of the property ownership transfer registration by Party B under the
assistance of Party A.

 

Part B shall have the right to, during the
period from the completion acceptance date of the project to the fifteenth (15th) business day after its receipt of
the property ownership certificate, at any time inspect or appoint a representative to inspect the Property and the facilities
thereof for one or more times upon giving a prior notice to Party A (“Acceptance Inspection”), to verify the compliance
of the delivery condition, specification and standards of the Property with the standards set forth herein. To guarantee the quality
and repair time of all structures, curtain, heavy-current and light-current systems, elevator and sanitary fittings etc., all contracts
entered into with the construction organizations or suppliers thereof shall be submitted to Party B for filing.

 

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Article 5 Liability for late delivery

 

		(1)	Should Party A and Party C fail to deliver the Property as scheduled and the delivery is late for
no more than 90 days, they shall, during the period from the next day after expiration of the agreed delivery term to the actual
delivery date, pay Party B a penalty equal to 0.1% of the amount of the property price paid on a daily basis which shall be paid
to Party B within 30 days upon actual delivery and in such case, this Agreement shall continue to be performed.

 

		(2)	Where the delivery is late for more than 90 days, Party B shall have the right to terminate this
Agreement, in which case, Party A and Party C shall pay Party B a penalty equal to 5% of the total price hereof. If Party B intends
to continue to perform this Agreement, Party A and Party C shall, during the period from the next day after expiration of the agreed
delivery term to the actual delivery date, pay Party B a penalty equal to 0.2% of the amount of the property price paid on a daily
basis.

 

Article 6 Title registration and claims
and debts

 

Party A and Party C warrant that the Property
is free of title dispute. In case of failure to complete title registration or any dispute concerning claims and debts of the Property
which is attributable to Party A and Party C, Party A and Party C shall bear the relevant liability and the buyer shall have the
right to request the seller to refund the total property price and pay the buyer a compensation equal to 50% of the property price.

 

Article 7 Representations and warranties
of Party A and Party C

 

		(1)	Party A and Party C are enterprises duly organized and validly existing under the laws of their
registration places and have obtained all registrations, permits and licenses necessary for development of the project property.

 

		(2)	From the execution date hereof until such time as the Property is transferred to Party B, Party
A and Party C legally own, and have the right to sell to Party B, all properties, including the Property, and the title thereof
is free of any defect except for the mortgage disclosed at the time of execution hereof and no lease in whatever form has been
created on any part of the Property to be transferred.

 

		(3)	In the course of development of the project property, Party A and Party B have obtained all registrations,
permits and licenses necessary for development of the project property pursuant to applicable laws and regulations, are not in
major violation of, have not been and will not be subject to any administrative sanction or punishment arising out of violation
of, applicable laws, regulations and construction industry technical standards and specifications.

 

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		(4)	Party A and Party C have, in accordance with provisions of the documents concerning acquisition
of land use right, fully and timely paid the land use right transfer fees, the demolition and relocation fees, major municipal
facilities fees and other relevant fees regarding the land use right of the land where the project property is located, without
any default of or delay in payment and are not subject to actual or threatening punishment by the relevant government authority.

 

		(5)	Party A and Party C warrant that, all warranties made by Party A and Party C herein shall, from
the execution date hereof till the completion date of the transfer agreement, remain truthful and accurate, without any misleading
information. If, during the period from the execution date hereof till the completion date of the transfer agreement, any warranty
of Party A and Party C becomes untruthful or inaccurate while Party B, at its sole discretion, decides to continue to perform the
transaction hereunder, Party B’s right to complain, assert or claim against Party A shall not be declined for the reason
of such decision.

 

		(6)	Party A warrants that the mortgage on the Property’s share of the land use right shall be
discharged prior to June 30, 2014 and Party B warrants that it shall pay the applicable portion of property price within 3 working
days upon discharge of the mortgage on the Property’s share of the land use right.

 

		(7)	Party A and Party C agree that, Party B shall withhold ten million from the balance payment as
the retention money which shall be paid to Party A and Party C within one year after delivery as agreed by Party B provided that
all losses suffered and all expenses incurred by Party B within the said period due to quality problems of any project, decoration,
furnishing and equipment shall be deducted from such retention money.

 

		(8)	Party A and Party C warrant that, they shall urge the construction organization and suppliers of
the project, decoration, furnishing and equipment to promptly solve any quality defects thereof.

 

		(9)	Party A and Party C shall indemnify and hold Party B harmless from any loss arising out of violation
by Party A and Party C of any representation and warrant made herein. The liability under this clause shall survive fulfillment
of this Agreement.

 

Article 8 Service, dispute resolution, etc.

 

		(1)	Anything not covered herein and anything to be modified during performance hereof shall be set
forth in a written modification agreement entered into by the parties.

 

		(2)	Dispute resolution. Any dispute arising from performance hereof shall be settled by the parties
through negotiation. If no agreement can be reached through negotiation, any party may refer such dispute to the people’s
court at the location of the Property according to law.

 

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		(3)	This Agreement is made in three originals, with one held by each party. This Agreement shall come
into force upon being signed and sealed by the parties.

 

[Signature page
follows]

 

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[Signature page
to Real Estate Sale and Purchase Agreement II]

 

	Party A: Lvdi Group Chengdu Real Property Co., Ltd. [seal]	 
	Legal representative:	/s/ Sun Zhiwen	 
	 	 
	Party B: Beijing SouFun Network Technology Co., Ltd. [seal]	 
	Legal representative:	/s/ Mo Tianquan	 
	 	 
	Party C: Chendu Hailian Industrial Development Co., Ltd. [seal]	 
	Legal representative:	/s/ Sun Zhiwen	 

 

    	7

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00244-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00244-of-00352.parquet"}]]