<PAGE> 1
Exhibit 10.26
BUILDING LEASING AND PROPERTY MANAGEMENT AGREEMENT
This Agreement is executed by Party A and Party B on August 1, 2000 in
Shijiazhuang:
PARTY A: HEBEI COMMUNICATION SERVICE COMPANY
Address: 220 Qing Yuan Jie, Shijiazhuang
PARTY B: HEBEI MOBILE COMMUNICATION COMPANY LIMITED
Address: 220 Qing Yuan Jie, Shijiazhuang
WHEREAS:
1. In order to develop its communications business and engage in
normal production and operating activities, Party B needs to lease from
Party A certain buildings and auxiliary facilities owned, or leased
from a third party, by Party A.
2. Both Parties agree that Party A shall provide Party B with building
leasing and property management services in accordance with the terms
and conditions of this Agreement.
THEREFORE, Party A and Party B have reached the following Agreement in
the principle of equality, mutual benefit and fairness through friendly
consultations:
ARTICLE ONE LEASED PROPERTY
1.1 Buildings and other properties to be leased by Party A to Party B
hereunder include all or part of the following:
1.1.1 Buildings in respect of which Party A has title certificates;
1.1.2 Buildings in respect of which Party A does not have title
certificates but has obtained use right under relevant
documents and agreements;
1.1.3 Buildings under Party A's actual control and use
notwithstanding disputes over their ownership or title due to
historical or other reasons;
1.1.4 Temporary fixtures for which Party A has obtained legal use
right.
1.1.5 Buildings or transmission masts owned by Party A; (buildings
under 1.1.1 to 1.1.5 above, "Party A's Own Property")
1.1.6 Buildings leased by Party A from a third party, in respect of
which Party A has the right to sub-lease to Party B ("Party
A's Subleased Property").
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1.2 Party A agrees to deliver to Party B the above buildings together with
their existing auxiliary facilities, such as water, electricity,
heating, power and other utilities, and to concurrently provide
property management services for the buildings leased to Party B
hereunder; provided that, Party B shall pay the relevant fees and
charges in accordance with the terms of this Agreement and applicable
standards stipulated by relevant government authorities.
ARTICLE TWO SCOPE AND PURPOSE OF LEASE
2.1 Party A agrees to lease buildings and their auxiliary facilities (the
"Leased Property") to Party B in accordance with the terms and
conditions of this Agreement. Party B agrees to lease from Party A the
Leased Property in accordance with the terms and conditions of this
Agreement and accept property management services provided by Party A
hereunder.
2.2 Party B shall use the Leased Property for placing communications
equipment, office use, conducting business operations or carrying out
other legal activities and shall not alter the use of the Leased
Property or sublease them without Party A's consent thereto.
ARTICLE THREE DELIVERY OF LEASED PROPERTY
Party A shall clean up and deliver the Leased Property to Party B upon
execution of this Agreement. The Leased Property, upon delivery, shall be in
good conditions satisfactory to the requirements of Party B.
ARTICLE FOUR PAYMENT OF RENT, PROPERTY MANAGEMENT FEE AND RELEVANT FEES
4.1 The rent of the properties Party B leases from Party A and other
related fees shall be determined by the Parties on the basis of the
market price prevailing throughout Hebei Province. The standards of the
rent and property management fee shall be on the basis of the local
market price. Water and electricity fees shall be calculated by the
actual consumption and in accordance with the relevant national
regulations and shall be charged on the basis of the market price.
4.1.1 Party B agrees to pay Party A rent for Party A's Own Property
and the auxiliary facilities, charges for use of relevant
facilities and equipment, as well as property management fee
as agreed upon by the Parties in this Agreement.
4.1.2 Party B shall pay, within 10 days upon the execution of this
Agreement the rent and the property management fee for the
period from August 1, 2000 to December 31, 2000 for the Leased
Property and the auxiliary facilities. Party A and Party B
agree that the rent shall be paid on a semi-annual basis
beginning from 2001. The Parties shall
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complete the verification of specific items and amounts of the
rent by March 15 and September 15 each year. The rent of the
Leased Property and the property management fee payable for
the first half and second half of the year shall be paid by
Party B to Party A on or before March 25 and September 25,
respectively. Party A shall provide Party B with valid
invoices in respect of such payment upon the settlement.
4.1.3 Party B shall pay the rent in accordance with the provisions
of this Agreement prior to the expiry of the payment period as
agreed upon by the Parties. If Party B fails to fulfill its
obligation of payment stipulated in this Agreement, Party B
shall be charged a surcharge of 0.03% of the overdue and
unpaid amount per day until Party B have fulfilled such
obligations; in the event that Party B fails to make the
payment as stipulated in this Agreement for two months, Party
A shall have the right to terminate the lease to Party B of
the relevant part of the Leased Property, but other parts of
this Agreement shall remain valid.
4.1.4 Party A shall pay the taxes and expenses in respect of the
lease of Party A's Own Property.
4.2 Payment of rent and related fees for Party A's Subleased Property
In respect of Party A's Subleased Property, Party A shall advise Party
B the rent, the time of rent payment and the method of payment agreed
upon by Party A and the third party from whom Party A subleases such
property. Party B shall pay such third party directly such rent at such
time and in such method as advised by Party A.
ARTICLE FIVE USE, INCREASE AND DECREASE OF LEASED PROPERTY
5.1 Party B shall have the right to occupy and enjoy the use of the Leased
Property and the auxiliary facilities without interference in
accordance with the provisions of Article 2 during the term of this
Agreement.
5.2 According to its business needs, Party B may request Party A to
increase or decrease the amount of the Leased Property and Party A
shall give its consent if conditions permit. The Parties shall then
re-determine the rent and other related fees on the basis of the amount
and quality of the increased or decreased Leased Property.
ARTICLE SIX FITTING-OUT AND RENOVATION;
ADVERTISING ON LEASED PROPERTY
6.1 Party B has the right, upon Party A's written consent and at its own
expense, to conduct any fitting-out, installation, change or
improvement inside or outside the Leased Property; provided that, Party
B shall ensure that:
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(1) Such fitting-out, installation, change and improvement will
not in any essential way change the nature of the Leased
Property;
(2) Any construction project relating to such fitting-out,
installation, change and improvement will be conducted in an
appropriate way so that all the people and properties are
protected and the businesses of Party A in the nearby area
will not be unreasonably disturbed;
(3) In the event that such fitting-out or renovation work
endangers or causes any potential danger to the safety of the
original structure, Party B shall reinstate the Leased
Property and make compensation for the corresponding losses,
if any.
6.2 Party B may, to the extent that it will not infringe upon Party A
interests, promote its enterprise image and businesses by hanging or
posting promotional materials or in other legal ways on the side walls
of the Leased Property; provided that such promotion activities shall
not exceed the limits of the Leased Property. The Parties shall specify
the scope of such promotion activities and locations allowed for such
promotion materials when entering into lease of the Leased Property.
Upon termination of this Agreement, Party B shall reinstate the Leased
Property at its own expense and return the Leased Property to Party A;
or, Party B shall return the Leased Property as fitted out and
renovated, in which case Party A shall make appropriate compensations
to Party B.
ARTICLE SEVEN MAINTENANCE, REPAIR, REPLACEMENT
AND IMPROVEMENT OF LEASED PROPERTY
7.1 Party A shall conduct routine maintenance, repairs, replacement and
improvement of the Leased Property and the auxiliary facilities at its
own expense; provided that, expenses incurred from maintenance and
repairs resulted from inappropriate use by Party B shall be borne by
Party B.
7.2 Party A shall immediately repair any damage to the Leased Property not
caused by Party B, exert its utmost efforts to ensure the normal use
by Party B of the Leased Property and bear the expenses in connection
therewith. In the event that such an instance occurs and , in Party
B's judgment, the damage is so serious as to affect the normal use of
the Leased Property by Party B, Party B may select to issue a written
notice to Party A, requesting to suspend or terminate the lease of the
damaged part of the Leased Property, in which case Party B need not
pay the rent for the damaged part of the Leased Property beginning
from the occurrence of such damage.
7.3 Party B shall repair or compensate for damages caused by it to the
Leased Property and the relevant constructions or other facilities of
Party A and bear the expenses. In the event of such an instance, Party
A, judging from the seriousness of the damage, may have the option to
issue a written notice to Party B, requesting to suspend or terminate
the lease of the damaged part of
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the Leased Property, to which Party B shall give its consent, in which
case Party B shall pay the rent due and payable prior to such
termination for the damaged part of the Leased Property and other
relevant charges.
ARTICLE EIGHT TERM, CANCELLATION AND RENEWAL OF AGREEMENT
8.1 This Agreement, upon execution by the authorized representatives of the
Parties and affixing with their official seals, shall come into effect
on August 1 and expire on July 31, 2001. Unless otherwise stipulated
in this Agreement, neither Party shall terminate the Agreement prior
to the expiration of the lease term.
8.2 Unless otherwise stipulated in this Agreement or with Party B's prior
written consent, Party A shall not terminate this Agreement prior to
the expiration of the lease term hereunder. According to its actual
needs, Party B may terminate or partially cancel this Agreement prior
to the expiration of the term of this Agreement upon three month prior
written notice to Party A. Within seven days after the early
termination or partial cancellation of this Agreement, Party A shall
refund Party B, out of the rent and property management fee already
paid by Party B, the rent of Leased Property in respect of which the
lease has been terminated or cancelled before its expiration for the
period between the date of such earlier termination or cancellation of
the lease and the scheduled date of its termination hereunder.
8.3 In respect of Party A's Own Property, this Agreement shall be
automatically extended for one year upon the expiration of its term,
unless Party B indicates otherwise in writing. The times of such
extension shall be unlimited. In respect of Party A's Subleased
Property, so long as the lease between Party A and the original lesser
remains effective or extendable, this Agreement shall be automatically
extended for one year upon the expiration of its term (the times of
such extension shall be unlimited), unless Party A indicates in writing
of its intention to terminate this Agreement three months prior to the
expiration date hereof.
ARTICLE NINE REPRESENTATIONS AND WARRANTIES OF PARTIES
9.1 Each of the Parties represents and warrants to each other as follows:
(1) It is a limited liability company duly established and in
valid existence under the laws of the People's Republic of
China;
(2) It has the right and authority to enter into this Agreement
and fulfill its obligations;
(3) Its representative who will sign this Agreement has been fully
authorized to do so by a valid letter of authorization or by
the relevant resolution of its Board of Directors; and
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(4) Upon the execution of this Agreement and its annex attached
hereto, this Agreement shall be binding upon it and can be
enforced under applicable laws.
9.2 Party A hereby represents and warrants to Party B as follows:
(1) Party A has the right and authority to legally own the Leased
Property stipulated under this Agreement, and possesses all
the relevant and complete approvals and certificates
evidencing its legal ownership of the Leased Property
stipulated under this Agreement, or has the right to sublease
to Party B properties it leases from a third party. Party A
has the right to enter into this Agreement and to lease or
sublease to Party B the Leased Property stipulated in Article
One (including the site and auxiliary facilities) in
accordance with the terms and conditions herein; in the event
that Party A's property rights and use rights to the property
herein are contested in any circumstances and for whatever
reasons, and Party B is unable to exercise its rights as a
lessee or sustain other damages, Party A agrees to hold
harmless from and indemnify Party B against any losses
resulted therefrom;
(2) Upon delivery to Party B for use, the Leased Property shall be
in good conditions for normal use;
(3) As long as Party B has paid the rent for the Leased Property
and observed and fulfilled all the representations,
commitments and conditions under this Agreement, Party B shall
be able to freely occupy and enjoy the use of the Leased
Property within the term of this Agreement without
interference.
9.3 In the event that any representations or warranties made by Party A in
Articles 9.1 and 9.2 above are untrue or incomplete, Party B shall have
the right to terminate this Agreement at any time, in which case Party
B shall have the right to claim compensation from Party A for all the
actual losses Party B has sustained.
9.4 Party B hereby represents and warrants to Party A as follows:
9.4.1 Party B will pay the relevant rent to Party A on a timely
basis in accordance with this Agreement. In the event that
Party B delays the rent payment for more than one day, Party B
shall, in addition to payment of the rent overdue, pay, upon
Party A's demand, a penalty of 0.03% of the total overdue
and unpaid payment for each day overdue until Party B has
completely fulfilled its obligations;
9.4.2 Without Party A's written consent, Party B shall not sublease
or transfer to a third party any part of the Leased Property
or any of its rights and obligations hereunder, or change the
use and purpose of the Leased Property and any utilities.
Should Party B violate any of the aforesaid provisions, Party
A shall have the right to request Party B to stop such conduct
and pay a surcharge equal to two times the proceeds
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from such sublease or transfer received by Party B, if any.
ARTICLE TEN UNDERTAKINGS AND INDEMNIFICATION
10.1 Unless otherwise stipulated in this Agreement, Party B shall, upon the
demand of Party A, indemnify Party A against and hold Party A harmless
from losses, expenses, damages, claims, actions, debts or liabilities
arising from the following causes:
10.1.1 injuries of any person or damages of property of citizens or
institutions other than Party A or both Parties to this
Agreement due to failure of performance or observation by
Party B of this Agreement, unless such losses, expenses,
damages, claims, actions, debts or liabilities were caused by
Party A's gross negligence or willful misconduct or by an
event of Force Majeure.
10.2 Unless otherwise stipulated in this Agreement, in the event of personal
injuries or property damages within the premises of the Leased Property
due to failure of Party A to fulfill its rights and obligations as
stipulated in this Agreement, Party B may claim for compensation from
Party A and Party A shall indemnify Party B against and hold Party B
harmless from any losses, expenses, damages, claims, actions, debts or
liabilities unless such events were caused by gross negligence or
willful misconduct on the part of Party B or by an event of Force
Majeure.
10.3 Due to historical reasons, certain Leased Property leased by Party B
have not been granted with title certificates and leasing permits. The
Parties agree that Party A shall obtain the aforesaid certificates and
permits and Party B shall render necessary assistance. Party A shall
bear all the relevant fees and expenses in the course of obtaining the
aforesaid certificates and permits. Before Party A has obtained such
certificates and permits, neither Party shall cancel this Agreement on
the ground that Party A has not acquired the aforesaid documents, or
the Party raising the issue of canceling this Agreement shall bear, in
addition to its own losses, all the losses sustained by the other
Party.
10.4 Party A hereby acknowledges and agrees that any dispute with a third
party arising from the lack of clarity of the property rights of the
Leased Property shall have no bearing on Party B, and that Party A
shall resolve any contest raised by any third party over Party B's use
of the Leased Property, and such contest shall not affect Party B's
use of the Leased Property hereunder. Party A shall compensate Party B
for any losses sustained by Party B as the result of the aforesaid
reason.
ARTICLE ELEVEN CONFIDENTIALITY
11.1 Both Parties to this Agreement herein shall keep strictly confidential
the operational data and information of the other Party. Neither Party
shall,
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without the other Party's written consent, provide or disclose to any
company, enterprise, organization or individual any data or
information with regard to the operations of the other Party, except
for circumstances stipulated by the laws of the PRC and of the listing
place of China Mobile (Hong Kong) Limited, or by either Party, for the
purpose of its reorganization, to a third party (including without
limitation to, relevant government departments and all the
intermediary institutions involved in the reorganization) orally or in
writing.
ARTICLE TWELVE LIABILITIES FOR BREACH OF AGREEMENT
12.1 Any failure of either Party to perform any of the terms hereunder shall
be deemed as breach of contract. Upon confirmation of occurrence of a
breach, the breaching Party shall, within ten days of receiving a
written notice from the non-breaching Party explaining the
circumstances of such breach, correct such breach and make written
notification to the non-breaching Party to the same effect; in the
event that within ten days the breaching Party has not correct the
breach or rendered any explanation in writing, the other Party shall
have the right to terminate this Agreement prior to its expiration upon
written notice to the breaching Party, in which case the breaching
Party shall be responsible to compensate all the economic losses thus
sustained by the other Party. In the event that one Party believes that
such breach is nonexistent, both Parties shall consult with each other
and try to resolve the issues thus caused. Should no resolution be
reached through consultation, the issue shall be resolved in accordance
with the dispute resolution clause herein.
ARTICLE THIRTEEN FORCE MAJEURE
13.1 Any event or circumstance beyond the reasonable control of the Parties
and could not be avoided by exercise of due care on the part of the
affected Party shall be deemed as an "event of Force Majeure" and shall
include, but not limited to, earthquake, fire, explosion, storm, flood,
lightening, or war.
13.2 Neither Party shall bear any liability for breach of contract to the
other Party for its failure to carry out all or any of its obligations
hereunder as a result of an event of Force Majeure. However, the Party
or Parties affected by an event of Force Majeure shall, within fifteen
days of the occurrence of the such event, notify the other Party of
such event of Force Majeure along with relevant documentary evidence
issued by the relevant government authorities. The Party or Parties
shall resume the performance of its/their obligations hereunder within
a reasonable period of time after the effects of the event of Force
Majeure have been eliminated.
ARTICLE FOURTEEN GOVERNING LAW AND DISPUTE RESOLUTION
14.1 The execution, validity, implementation, interpretation and resolution
of dispute of this Agreement shall be governed by the laws of the
People's Republic of China.
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14.2 Any dispute arising from or in connection with the validity,
interpretation or execution of this Agreement shall be settled by the
Parties through friendly consultations. In the event that no resolution
can be reached through consultations, either Party may submit the
dispute to Shijiazhuang Arbitration Commission for arbitration in
accordance with its then effective arbitration rules. Once Beijing
Mobile Communication Company Limited is transformed into a wholly
foreign-owned enterprise, the dispute resolution institution will
automatically change into China International Economic and Trade
Arbitration Commission and any disputes shall be resolved in accordance
with its then effective arbitration rules in Beijing. The award of such
arbitration shall be final and binding upon both Parties.
14.3 Except for matters under arbitration, the remaining part of this
Agreement is still in effect during the time of arbitration.
ARTICLE FIFTEEN ASSUMPTION, TRANSFER
AND TERMINATION OF AGREEMENT
15.1 Neither Party may assign or transfer all or any part of its rights and
obligations under this Agreement to any third party without the other
Party's prior written consent thereto.
15.2 In the event that Party A transfers its own buildings, Party A shall
ensure that this Agreement will be equally binding upon the transferee.
15.3 Party A hereby acknowledges that Party B may be transformed into a
wholly foreign-owned enterprise during the term of this Agreement
without consent or acknowledgement by Party A either prior to or after
the event, and that Party B's entire rights and obligations under this
Agreement shall not be affected or changed on the ground that the
nature of the company has changed into a wholly foreign-owned
enterprise. Party A will acknowledge the legal status of such wholly
foreign-owned enterprise in performing this Agreement.
15.4 In the event that the following conditions are not met, Hebei Mobile
Communication Company Limited shall be entitled to terminate this
Agreement at any time. After the termination of this Agreement, the
Parties shall cease to enjoy any rights or assume any obligations under
this Agreement or in connection with its termination, except the rights
and obligations that have incurred under this Agreement prior to such
termination.
(1) China Mobile (Hong Kong) Limited ("CMHK") shall have been
granted relevant waivers by the Stock Exchange of Hong Kong
Limited ("HKSE") for CMHK's connected transactions in
accordance with the listing rules of HKSE; and
(2) The independent shareholders of CMHK who are deemed to be
independent in accordance with the listing rules shall have
approved relevant transactions.
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ARTICLE SIXTEEN NOTICES
16.1 Any notice or other document to be given under this Agreement shall be
delivered in writing and may be delivered in person, sent by registered
mail or transmitted by facsimile to the Parties at their legal
addresses stated in this Agreement or any other addresses a Party may
have notified the other Party in accordance with this Article.
16.2 Any notice or document shall be deemed to have been received at the
time as follows:
if delivered in person, at the time of delivery;
if delivered by registered mail, five (5) business days after being
posted (excluding Saturdays, Sundays and public holidays); and
if transmitted by facsimile, upon receipt, or if the time of
transmission is during non-business hours, it shall be deemed to have
been given at the beginning of the normal business hours of the
succeeding day (excluding Saturdays, Sundays and public holidays),
subject to proof by the sender or confirmation from the facsimile
machine used for such transmission that a satisfactory transmission has
been completed.
ARTICLE SEVENTEEN MISCELLANEOUS
17.1 This Agreement constitutes the entire agreement between the Parties
with respect to the subject matter of this Agreement and supercedes any
and all discussions, negotiations and agreements between them regarding
the same subject matter prior to the execution of this Agreement.
17.2 In the performance of this Agreement, if any provision herein becomes
ineffective or unenforceable as the result of implementation or
amendment of law, such provision shall be ineffective to the extent
that such law applies, without invalidating the remaining provisions of
this Agreement. The Parties hereto have the rights to amend the
provisions affected by the future implementation or amendment of law,
which amendment shall constitute an integral part of this Agreement on
the condition that such amendment will have no material effect on
either Party's economic benefits hereunder.
17.3 Neither Party shall have the right to amend or modify this Agreement
without both Parties' written confirmation thereof; the Parties,
however, shall be able to enter into supplementary agreements to govern
matters not considered herein.
17.4 This Agreement is signed in four counterparts. Each Party will keep two
copies. The annex and/or supplementary agreements hereto are an
integral part hereof and shall have the same force and effect as this
Agreement.
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PARTY A: HEBEI COMMUNICATION PARTY B: HEBEI MOBILE
SERVICE COMPANY COMMUNICATION COMPANY
LIMITED
-------------------------
By: s/Huang Yu By: s/Zhang Liande
Authorized representative Legal representative
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INVENTORY AND VALUATION OF LEASED AUXILIARY BUILDINGS AND PROPERTIES
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Zhangjiakou Branch Appraisal Base date: June 30th, 2000
-----------------------------------------------------------------------------------------------------------------------------------
Leased
No. Name of Building Detailed Address Structure Number Floorage Time of Lease Term Rent Rent/year
of Story (Square Completion of the (from _ to _) RMB
meters) Building (mm/yy)
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 Garage of GuRMB Post Qiao Dong Street Brick/ 1 20 92 3778 3778
Office Concrete
### Garage of Chongli Chongli Brick/ 1 21 95.12 3000 3000
Telecommunication Telecommunication Concrete
Bureau Bureau
-----------------------------------------------------------------------------------------------------------------------------------
Total 41 6,777.6 6,777.60
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Zhangjiakou Branch Unit: RMB
----------------------------------------------------------------------------------------------------------------------
Rent/Square Lessor's Ownership Documentation
No. Name of Building Detailed Address meter Leasing Remarks
Contract Building
(RMB/year) (X) Title Land Use Others
----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1 Garage of GuRMB Post Qiao Dong Street 188.88
Office
### Garage of Chongli Chongli 142.86
Telecommunication Telecommunication
Bureau Bureau
----------------------------------------------------------------------------------------------------------------------
Total
----------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for mobile
communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
<PAGE> 13
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED
FOR BUSINESS PURPOSES
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Zhangjiakou Branch Appraisal Base date: June 30th, 2000
-----------------------------------------------------------------------------------------------------------------------------------
Leased
No. Name of Building Detailed Address Structure Number Floorage Time of Lease Term Rent Rent/year
of Story (Square Completion of the (from _ to _) RMB
meters) Building (mm/yy)
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
4 Zhangbei Grain 5 Dong Street Frame 4 89 90.5 15750 15750
Bureau Service
Building
10 Wanquan 9 Jian Guo Brick/ 2 60 85.1 6000 6000
Telecommunication Road, Min Zhu Concrete
Building Street (Kong
Jia Zhuang)
12 Construction Bank of Ren Min Road, Steel/ 1 120 25000 25000
China Branch of Ren Wei County Concrete
Min Road, Wei County
13 Post Office Branch Nan Liu Zhuang Steel/ 1 15 2000 2000
of Nan Liu Zhuang, Concrete
Wei County
14 Post Office Branch Xi He Ying Steel/ 1 14 3000 3000
of Xi He Ying, Wei Concrete
County
17 Chongli Chongli Telecom- Brick/ 5 42 95.12 10000 10000
Telecommunication munication Concrete
Building Building
18 Xuanhua Department East 45 Pai Lou Brick/ 1 38.4 58.1 48000 48000
Building Concrete
19 Xuanhua Excavation Shuncheng Brick/ 1 22 99.8 15840 15840
Machinery Factory Street Concrete
21 Nan Street Sales 5 Nan Street Frame 1 120 78.1 99.8-02.7 85000 85000
Building, Xuanhua
-----------------------------------------------------------------------------------------------------------------------------------
Total 520.4 210590 210590
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Zhangjiakou Branch Unit: RMB
----------------------------------------------------------------------------------------------------------------------
Rent/Square Lessor's Ownership Documentation
No. Name of Building Detailed Address meter Leasing Remarks
Contract Building
(RMB/year) (X) Title Land Use Others
----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
4 Zhangbei Grain 5 Dong Street 177
Bureau Service
Building
10 Wanquan 9 Jian Guo 100
Telecommunication Road, Min Zhu
Building Street (Kong
Jia Zhuang)
12 Construction Bank of Ren Min Road, 208
China Branch of Ren Wei County
Min Road, Wei County
13 Post Office Branch Nan Liu Zhuang 133
of Nan Liu Zhuang,
Wei County
14 Post Office Branch Xi He Ying 214
of Xi He Ying, Wei
County
17 Chongli Chongli Telecom- 238
Telecommunication munication
Building Building
18 Xuanhua Department East 45 Pai Lou 1250
Building
19 Xuanhua Excavation Shuncheng 720
Machinery Factory Street
21 Nan Street Sales 5 Nan Street 708
Building, Xuanhua
----------------------------------------------------------------------------------------------------------------------
Total
----------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for mobile
communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 14
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR OFFICE USE
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Zhangjiakou Branch Appraisal Base date: June 30th, 2000
-----------------------------------------------------------------------------------------------------------------------------------
Leased
No. Name of Building Detailed Address Structure Number Floorage Time of Lease Term Rent Rent/year
of Story (Square Completion of the (from _ to _) RMB
meters) Building (mm/yy)
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 Zhangbei 1 Dong Street Frame 3 20 91.1 9450 9450
Telecommunication
Building
2 Zhangbei Post Yong Chun Nan Frame 6 75 95.1 15000 15000
Office Building Road
6 Zhuolu Post Office 36 Xuan RMB Frame 2 250 98 25000 25000
Building Road
7 Savings Building, 5 Nan Street, Brick/ 2 90 89.1 33000 33000
Huan'an Branch of Caigoubao Town Concrete
Bank of China
9 Xia Hua RMB Post 53 Shi Chang Steel/ 5 166.42 97.12 19970.4 19970.4
Office Building Street Concrete
-----------------------------------------------------------------------------------------------------------------------------------
601.42 102420.4 102420.4
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Zhangjiakou Branch Unit: RMB
----------------------------------------------------------------------------------------------------------------------
Rent/Square Lessor's Ownership Documentation
No. Name of Building Detailed Address meter Leasing Remarks
Contract Building
(RMB/year) (X) Title Land Use Others
----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1 Zhangbei 1 Dong Street 473
Telecommunication
Building
2 Zhangbei Post Yong Chun Nan 200
Office Building Road
6 Zhuolu Post Office 36 Xuan RMB 100
Building Road
7 Savings Building, 5 Nan Street, 367
Huan'an Branch of Caigoubao Town
Bank of China
9 Xia Hua RMB Post 53 Shi Chang 120
Office Building Street
----------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for mobile
communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
<PAGE> 15
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Zhangjiakou Branch Appraisal Base date: June 30th, 2000
-----------------------------------------------------------------------------------------------------------------------------------
Leased
No. Name of Building Detailed Address Structure Number Floorage Time of Lease Term Rent Rent/year
of Story (Square Completion of the (from _ to _) RMB
meters) Building (mm/yy)
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 Ling RMB Road Base Post Office Steel/ 3 15 94 4780 4780
Station Dormitory, Ling Concrete
RMB Road
### Pingmen Base Station Pingmen Warehouse Brick/ 1 16 93 4780 4780
Concrete
### Nanzhan Base Station Nanzhan Fen Zhuan Steel/ 2 10 97 4780 4780
Concrete
### Base Station of 406 We Yi Road Post Steel/ 2 10 84 4780 4780
Bureau Office Concrete
### Hong Qi Road Base Shen Li Road Steel/ 25 98 4780 4780
Station Transmission Concrete
Bureau
### Jian Kan RMB Base Qing Shui Qiao Steel/ 15 98 5000 5000
Station Xi Street Concrete
### Dian Jiao Guan Base Xi Huo Zi Steel/ 15 98 6000 6000
Station Street Concrete
### Liang Mao Base Liang Mao Hotel, Steel/ 4 15 98 5000 5000
Station Dong Shan Road Concrete
### Gao Miao Base Construction Bank Steel/ 15 98 5000 5000
Station of China Gong Ye Concrete
Nan Road Branch
Industrial and
### Qiao Xi Gong Hang Commercial Bank Steel/ 15 98 6000 6000
Base Station of China Xin Hua Concrete
Branch
### Ning RMB Base Ning RMB Bao Steel/ 12 98 4780 4780
Station Steel Factory Concrete
### Yong Feng Bao Yong Feng Bao Brick/ 1 6 98 3000 3000
Base Station Village Committee Concrete
### Jian Gong Xue RMB Architectural 8 4000 4000
Base Station Engineering
Institution
### Ba Si Chang Wire Drawing 15 4500 4500
Base Station Factory
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Zhangjiakou Branch Unit: RMB
----------------------------------------------------------------------------------------------------------------------
Rent/Square Lessor's Ownership Documentation
No. Name of Building Detailed Address meter Leasing Remarks
Contract Building
(RMB/year) (X) Title Land Use Others
----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1 Ling RMB Road Base Post Office 319
Station Dormitory, Ling
RMB Road
### Pingmen Base Station Pingmen Warehouse 299
### Nanzhan Base Station Nanzhan Fen Zhuan 478
### Base Station of 406 We Yi Road Post 478
Bureau Office
### Hong Qi Road Base Shen Li Road 191
Station Transmission
Bureau
### Jian Kan RMB Base Qing Shui Qiao 333
Station Xi Street
### Dian Jiao Guan Base Xi Huo Zi 400
Station Street
### Liang Mao Base Liang Mao Hotel, 333
Station Dong Shan Road
### Gao Miao Base Construction Bank 333
Station of China Gong Ye
Nan Road Branch
Industrial and
### Qiao Xi Gong Hang Commercial Bank 400
Base Station of China Xin Hua
Branch
### NingRMB Base Ning RMB Bao 398
Station Steel Factory
### Yong Feng Bao Yong Feng Bao 500
Base Station Village Committee
### Jian Gong Xue RMB Architectural 500
Base Station Engineering
Institution
### Ba Si Chang Wire Drawing 300
Base Station Factory
</TABLE>
<PAGE> 16
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
### Lao Gan Bu Ju Bureau of Retired 15 2500 2500
Base Station Officer Affairs
### Gong Dian Gong Control Room of 15 6000 6000
Si Base Station the Power Supply
Company
### Wu Xian Dian Yi No.1 Radio 15 4000 4000
Chang Base Station Factory
### Gong An Ju Base Confidential 15 6000 6000
Station Communication
Office of the
Public Security
Bureau
### Yin Shua Chang Base Pring Factory 15 4500 4500
Station
### Wu Mao Zhong Xin Center Building 15 6000 6000
Lou Building of Commodity
Trade
### Shang Yi Da Qing Da Qing Gou, Steel/ 2 10 June-00 1620 1620
Gou Base Station Shang Yi County Concrete
### Huai Lai Yu Lin Inside the 1 15 500 500
Tun Base Station Transfer Post of
(planned) Yu Lin Tun
Village, Sha
Cheng Town
### Huai Lai Hua Dian Huai Lai Hua Dian 8 5000 5000
Di Re Base Station Geothermal
(planned) Training Center
</TABLE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
### Lao Gan Bu Ju Bureau of Retired 167
Base Station Officer Affairs
### Gong Dian Gong Control Room of 400
Si Base Station the Power Supply
Company
### Wu Xian Dian Yi No.1 Radio 267
Chang Base Station Factory
### Gong An Ju Base Confidential 400
Station Communication
Office of the
Public Security
Bureau
### Yin Shua Chang Base Pring Factory 300
Station
### Wu Mao Zhong Xin Center Building 400
Lou Building of Commodity
Trade
### Shang Yi Da Qing Da Qing Gou, 162
Gou Base Station Shang Yi County
### Huai Lai Yu Lin Inside the 33
Tun Base Station Transfer Post of
(planned) Yu Lin Tun
Village, Sha
Cheng Town
### Huai Lai Hua Dian Huai Lai Hua Dian 625
Di Re Base Station Geothermal
(planned) Training Center
</TABLE>
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 17
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Zhangjiakou Branch Appraisal Base date: June 30th, 2000
-----------------------------------------------------------------------------------------------------------------------------------
Leased
No. Name of Building Detailed Address Structure Number Floorage Time of Lease Term Rent Rent/year
of Story (Square Completion of the (from _ to _) RMB
meters) Building (mm/yy)
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
### Huai Lai Wang Jia Inside the 15 6000 6000
Lou Base Station Village
(planned) Government
Courtyard of
Wang Jia Lou
### Wan Quan Guo Lei Post Office of Brick/ 2 4 84.6 3000 3000
Zhuang Base Station Guo Lei Zhuang Concrete
### Wan Quan Wan Quan Wan Quan Cheng Brick/ 2 4 74.9 3000 3000
Cheng Base Station Post Office Concrete
### Huai An Post Office Huai An Cheng Brick/ 2 15 84.10 1531 1531
Building Dong Street Concrete
### Wei County Post Qian Jin Road, Steel/ 2 5 2000 2000
Office Wei County Concrete
### Wei County Water Huan Cheng Bei Steel/ 2 30 1000 1000
Affairs Bureau Road, Wei County Concrete
### Wei County Ji Wei Cui Jia Zhai, Steel/ 2 30 8000 8000
Coalfield Yong Quan Zhuang, Concrete
Wei County
### Dong Jing Ji Base Dong Guan, Dong Brick/Wood 1 4 91.8 2000 2000
Station, Yang RMB Jing Ji
### Dong Cheng Base Dong Road, Dong Brick/Wood 1 4 91.8 2000 2000
Station, Yang RMB Cheng
### Hua Shao Ying Base Hua Shao Ying Brick/Wood 1 4 91.8 2000 2000
Station, Yang RMB Dong Road
### Chongli Chang Qing Road Brick/ 5 21 95.12 3000 3000
Telecommunication Concrete
Building
### Chongli Dong Ping Dong Ping Post Brick/Wood 1 10 96.12 480 480
Base Station Post Office
### Chongli Gao Jia Gao Jia Ying Brick/ 2 10 94.12 480 480
Ying Base Station Post Office Concrete
### Xuanhua Da Xi Xuan Hua Da Xi Brick/ 2 42 97.10 6048 6048
Street Base Station Street Concrete
### Xuanhua Tong RMB Outside Xuanhuan Brick/ 6 14.5 99.7 2000 2000
Base Station North Gate Concrete
### Xuan Gang Base Xuanhua Steel 24 4000 4000
Station Factory
### Xia Hua RMB Coal Xia Hua RMB Steel/ 3 20 95.5 2400 2400
Mine Micro-celluar Coal Mine Concrete
Base Station
-----------------------------------------------------------------------------------------------------------------------------------
Total 571.5 152239 152239
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Zhangjiakou Branch Unit: RMB
----------------------------------------------------------------------------------------------------------------------
Rent/Square Lessor's Ownership Documentation
No. Name of Building Detailed Address meter Leasing Remarks
Contract Building
(RMB/year) (X) Title Land Use Others
----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
### Huai Lai Wang Jia Inside the 400
Lou Base Station Village
(planned) Government
Courtyard of
Wang Jia Lou
### Wan Quan Guo Lei Post Office of 750
Zhuang Base Station Guo Lei Zhuang
### Wan Quan Wan Quan Wan Quan Cheng 750
Cheng Base Station Post Office
### Huai An Post Office Huai An Cheng 102
Building Dong Street
### Wei County Post Qian Jin Road, 400
Office Wei County
### Wei County Water Huan Cheng Bei 33
Affairs Bureau Road, Wei County
### Wei County Ji Wei Cui Jia Zhai, 267
Coalfield Yong Quan Zhuang,
Wei County
### Dong Jing Ji Base Dong Guan, Dong 500
Station, Yang RMB Jing Ji
### Dong Cheng Base Dong Road, Dong 500
Station, Yang RMB Cheng
### Hua Shao Ying Base Hua Shao Ying 500
Station, Yang RMB Dong Road
### Chongli Chang Qing Road 143
Telecommunication
Building
### Chongli Dong Ping Dong Ping Post 48
Base Station Post Office
### Chongli Gao Jia Gao Jia Ying 48
Ying Base Station Post Office
### Xuanhua Da Xi Xuan Hua Da Xi 144
Street Base Station Street
### Xuanhua Tong RMB Outside Xuanhuan 138
Base Station North Gate
### Xuan Gang Base Xuanhua Steel 167
Station Factory
### Xia Hua RMB Coal Xia Hua RMB 120
Mine Micro-celluar Coal Mine
Base Station
----------------------------------------------------------------------------------------------------------------------
Total
----------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for mobile
communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
<PAGE> 18
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED
FOR BUSINESS PURPOSES
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Zhangjiakou Branch Appraisal Base date: June 30th, 2000
-----------------------------------------------------------------------------------------------------------------------------------
Leased
No. Name of Building Detailed Address Structure Number Floorage Time of Lease Term Rent Rent/year
of Story (Square Completion of the (from _ to _) RMB
meters) Building (mm/yy)
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 Communication Bank 78 Dong Jing Road Brick/ 1 134.5 1968.7 30000 30000
of China Beidaihe Wood
Branch Sales
Building
2 Lulong Tele- Level 1 63 Xin Frame 5 20 1988.7 8000 8000
communication Cheng Street,
Multipurpose Cheng Guan Town
Building
154.5 38000 38000
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Zhangjiakou Branch Unit: RMB
----------------------------------------------------------------------------------------------------------------------
Rent/Square Lessor's Ownership Documentation
No. Name of Building Detailed Address meter Leasing Remarks
Contract Building
(RMB/year) (X) Title Land Use Others
----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1 Communication Bank 78 Dong Jing Road 223 No No
of China Beidaihe
Branch Sales
Building
2 Lulong Tele- Level 1 63 Xin 400
communication Cheng Street,
Multipurpose Cheng Guan Town
Building
</TABLE>
Name of the person filling this form on behalf of the property owner:
Liu Shan
Filling Date: July 5, 2000
Notes: 1) This form is specifically for auxiliary buildings leased for
mobile communications;
2) Please provide copies of leasing contracts for buildings in
respect of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 19
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR OFFICE USE
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Zhangjiakou Branch Appraisal Base date: June 30th, 2000
-----------------------------------------------------------------------------------------------------------------------------------
Leased
No. Name of Building Detailed Address Structure Number Floorage Time of Lease Term Rent Rent/year
of Story (Square Completion of the (from _ to _) RMB
meters) Building (mm/yy)
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 Industrial and Level 2 and Level Mixed 4 917.78 500000 500000
Commercial Bank of 4 of the Finance
China, Development Building,
Area Branch Development Area
2 Construction Bank of Level 4 of the Mixed 4 110 35000 35000
China Development Finance Building,
Area Branch, Yushu Development Area
Grain Transfer Post
3 Communication Bank 78 Dong Jing Road Brick/ 1 18.8 1968.7 30000 30000
of China Beidaihe Wood
Branch Sales
Building
----------------------------------------------------------------------------------------------------------------------------------
1046.58 565000 565000
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Zhangjiakou Branch Unit: RMB
----------------------------------------------------------------------------------------------------------------------
Rent/Square Lessor's Ownership Documentation
No. Name of Building Detailed Address meter Leasing Remarks
Contract Building
(RMB/year) (X) Title Land Use Others
----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1 Industrial and Level 2 and Level 545
Commercial Bank of 4 of the Finance
China, Development Building,
Area Branch Development Area
2 Construction Bank of Level 4 of the 318
China Development Finance Building,
Area Branch, Yushu Development Area
Grain Transfer Post
3 Communication Bank 78 Dong Jing Road 1596 For
of China Beidaihe offices
Branch Sales and
Building sales
----------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------
</TABLE>
Name of the person filling this form on behalf of the property owner:
Liu Shan
Filling Date: July 5, 2000
Notes: 1) This form is specifically for auxiliary buildings leased for
mobile communications;
2) Please provide copies of leasing contracts for buildings in
respect of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 20
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Company Appraisal Base date: June 30th, 2000
Qinghuangdao Branch
------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Struct- Number Leased Time of Lease Rent Rent/
ure of Floorage Completion Term year
Story (Square of the (from _ RMB
meters) Building to_)
(mm/yy) (mm/yy)
-------- ---------------------- ------------------------- -------- ------ ------- --------- -------- ------ -----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 Hui Long Building Cross of He Bei Street 10 20 15000 15000
and Hai Yang Road
------------------------------------------------------------------------------------------------------------------------
2 Zhong Qing Company East Heng Lu, Qing 4 9 10000 10000
Shan Road
------------------------------------------------------------------------------------------------------------------------
3 Lu Ye Hotel Heng Lu, Qing Shan Road 4 15 6000 6000
------------------------------------------------------------------------------------------------------------------------
4 Jian Guo Road Post Jian Guo Road and Yan 1 14 2000 2000
Office Shan Street Entrance
------------------------------------------------------------------------------------------------------------------------
5 Bank of China 157 Ying Bin Road, 10 11 10000 10000
Qinghuangdao City
------------------------------------------------------------------------------------------------------------------------
6 Qing Xing Jian Li 198 Gang Cheng Street 5 14 10000 10000
------------------------------------------------------------------------------------------------------------------------
7 City Grassworks West side of Hai Yang 5 19 10000 10000
Road
------------------------------------------------------------------------------------------------------------------------
8 Xin Tong Hotel 100 meters east to the 6 2 3000 3000
Train Station
------------------------------------------------------------------------------------------------------------------------
9 Zhong Gang Tower 80 Ying Bin Road 10 7 10000 10000
------------------------------------------------------------------------------------------------------------------------
10 Yan Bin Hotel 16 Ying Bin Road 7 12 10000 10000
------------------------------------------------------------------------------------------------------------------------
11 Xi Xiang He Zhai Village Committee of Xi 1 13 10000 10000
Xiang He Zhai
------------------------------------------------------------------------------------------------------------------------
18 Jin Hui Hotel Gang Cheng Street Frame 5 1 2000 2000
------------------------------------------------------------------------------------------------------------------------
19 Development Tower of Inside the Development 10 10 10000 10000
the Development Area Tower, Development Area
------------------------------------------------------------------------------------------------------------------------
20 City Cotton Mill West part of He Ping 3 12 10000 10000
Street, Haigang District
------------------------------------------------------------------------------------------------------------------------
21 Meng Ying Meng Ying Village, Xi
Gang Town, Haigang 3 12 10000 10000
District
------------------------------------------------------------------------------------------------------------------------
22 Yan Shan University West 438 He Bei Street 7 13 5000 5000
------------------------------------------------------------------------------------------------------------------------
23 Coal School of West part of He Bei 10 7 10000 10000
Qinghuangdao Street
------------------------------------------------------------------------------------------------------------------------
24 Bei Chen Holiday North of the Sports 14 8 20000 20000
Village Field of the Sports Base
------------------------------------------------------------------------------------------------------------------------
25 Foreign Trade Hotel 36 You Yi Road 8 21 4000 4000
------------------------------------------------------------------------------------------------------------------------
26 Xia Du Hotel 48 Hong Qi Road 8 5 10000 10000
------------------------------------------------------------------------------------------------------------------------
27 Zhong Mei Storehouse Bei Jiao Storehouse 4 10 10000 10000
------------------------------------------------------------------------------------------------------------------------
28 Port Office South part of Wen Hua 24 12 10000 10000
Road
------------------------------------------------------------------------------------------------------------------------
29 Hai Hou Guest House 195 Dong Shan 4 10 10000 10000
------------------------------------------------------------------------------------------------------------------------
30 Environment and 17 Middle part of He 3 7 10000 10000
Sanitation Bureau Bei Street
------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Company Unit RMB
Qinghuangdao Branch
--------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Rent/Square Leasing Lessor's Ownership Remarks
meter Contract Documentation
----------- (x) ----------------------------
(RMB/year) Building Land Others
Title Use
-------- ---------------------- ------------------------- ------------ ------- --------- --------- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1 Hui Long Building Cross of He Bei Street 750
and Hai Yang Road
--------------------------------------------------------------------------------------------------------------------------
2 Zhong Qing Company East Heng Lu, Qing 1111
Shan Road
------------------------------------------------------------------------------------------------------------------------
3 Lu Ye Hotel Heng Lu, Qing Shan Road 400
------------------------------------------------------------------------------------------------------------------------
4 Jian Guo Road Post Jian Guo Road and Yan 143
Office Shan Street Entrance
------------------------------------------------------------------------------------------------------------------------
5 Bank of China 157 Ying Bin Road, 909
Qinghuangdao City
------------------------------------------------------------------------------------------------------------------------
6 Qing Xing Jian Li 198 Gang Cheng Street 714
------------------------------------------------------------------------------------------------------------------------
7 City Grassworks West side of Hai Yang 526
Road
------------------------------------------------------------------------------------------------------------------------
8 Xin Tong Hotel 100 meters east to the 1500
Train Station
------------------------------------------------------------------------------------------------------------------------
9 Zhong Gang Tower 80 Ying Bin Road 1429
------------------------------------------------------------------------------------------------------------------------
10 Yan Bin Hotel 16 Ying Bin Road 833
------------------------------------------------------------------------------------------------------------------------
11 Xi Xiang He Zhai Village Committee of Xi 769
Xiang He Zhai
------------------------------------------------------------------------------------------------------------------------
18 Jin Hui Hotel Gang Cheng Street 2000
------------------------------------------------------------------------------------------------------------------------
19 Development Tower of Inside the Development 1000
the Development Area Tower, Development Area
------------------------------------------------------------------------------------------------------------------------
20 City Cotton Mill West part of He Ping 833
Street, Haigang District
------------------------------------------------------------------------------------------------------------------------
21 Meng Ying Meng Ying Village, Xi
Gang Town, Haigang 833
District
------------------------------------------------------------------------------------------------------------------------
22 Yan Shan University West 438 He Bei Street 385
------------------------------------------------------------------------------------------------------------------------
23 Coal School of West part of He Bei 1429
Qinghuangdao Street
------------------------------------------------------------------------------------------------------------------------
24 Bei Chen Holiday North of the Sports 2500
Village Field of the Sports Base
------------------------------------------------------------------------------------------------------------------------
25 Foreign Trade Hotel 36 You Yi Road 190
------------------------------------------------------------------------------------------------------------------------
26 Xia Du Hotel 48 Hong Qi Road 2000
------------------------------------------------------------------------------------------------------------------------
27 Zhong Mei Storehouse Bei Jiao Storehouse 1000
------------------------------------------------------------------------------------------------------------------------
28 Port Office South part of Wen Hua 833
Road
------------------------------------------------------------------------------------------------------------------------
29 Hai Hou Guest House 195 Dong Shan 1000
------------------------------------------------------------------------------------------------------------------------
30 Environment and 17 Middle part of He 1429
Sanitation Bureau Bei Street
------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 21
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
31 Dong Gang Industrial
and Commercial West part of Yan Hai 4 12 4000 4000
Company Road
------------------------------------------------------------------------------------------------------------------------
32 Biao Zhun Press North part of Wen Hua 7 9 5000 5000
Road
------------------------------------------------------------------------------------------------------------------------
33 Bank of China Wen 307 Wen Hua Road 2 2 3000 3000
Hua Road Branch
------------------------------------------------------------------------------------------------------------------------
34 International Wen Hua Bei Road 12 8 10000 10000
Restaurant
------------------------------------------------------------------------------------------------------------------------
35 Tong Sheng Fast Food East part of Qing Shan 5 10 6352 6352
Highway
------------------------------------------------------------------------------------------------------------------------
36 Dong Shan Bian Fang Dong Shan Frontier 3 12 5000 5000
Defence, Qinghuangdao
------------------------------------------------------------------------------------------------------------------------
39 Dao Nan Suo Er Zhong Post Office Brick/ 4 8.84 July 1989 1060.8 1060.8
Living House Concrete
------------------------------------------------------------------------------------------------------------------------
41 Ren Min Hospital 46 Zhai Street Brick/ 4 16 June 1973 2000 2000
Concrete
------------------------------------------------------------------------------------------------------------------------
42 Wu Li Tai Shi He Town Government Brick/ 4 15 June 1988 6000 6000
Concrete
------------------------------------------------------------------------------------------------------------------------
43 No.6 Middle School No.6 Middle School of Frame 5 10 May 1998 3000 3000
Shanhaiguan
------------------------------------------------------------------------------------------------------------------------
44 Jiang Nu Temple Wang Fu Shi Village Brick/ 2 10 March 1979 1500 1500
Committee Concrete
------------------------------------------------------------------------------------------------------------------------
45 Chang Shou Mountain Management Office of 10 4000 4000
Chang Shou Mountain
Scenic Spots
------------------------------------------------------------------------------------------------------------------------
46 Bei Ying Zi Chang Cheng Brick/ 2 16 May 1997 4000 4000
Construction and Concrete
Installment Company
------------------------------------------------------------------------------------------------------------------------
47 Yan Sai Hu Management Office of 10 4000 4000
Yan Sai Hu Scenic Spots
------------------------------------------------------------------------------------------------------------------------
49 Beidaihe Post Office Ying Jiao Road, Beidaihe Brick/ 1 42 August 3000 3000
Dong Shan Branch Concrete 1988
------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
31 Dong Gang Industrial
and Commercial West part of Yan Hai 333
Company Road
------------------------------------------------------------------------------------------------------------------------
32 Biao Zhun Press North part of Wen Hua 556
Road
------------------------------------------------------------------------------------------------------------------------
33 Bank of China Wen 307 Wen Hua Road 1500
Hua Road Branch
------------------------------------------------------------------------------------------------------------------------
34 International Wen Hua Bei Road 1250
Restaurant
------------------------------------------------------------------------------------------------------------------------
35 Tong Sheng Fast Food East part of Qing Shan 635
Highway
------------------------------------------------------------------------------------------------------------------------
36 Dong Shan Bian Fang Dong Shan Frontier 417
Defence, Qinghuangdao
------------------------------------------------------------------------------------------------------------------------
39 Dao Nan Suo Er Zhong Post Office 120
Living House
------------------------------------------------------------------------------------------------------------------------
41 Ren Min Hospital 46 Zhai Street 125
------------------------------------------------------------------------------------------------------------------------
42 Wu Li Tai Shi He Town Government 400 1-104
------------------------------------------------------------------------------------------------------------------------
43 No.6 Middle School No.6 Middle School of 300 1-1-135
Shanhaiguan
------------------------------------------------------------------------------------------------------------------------
44 Jiang Nu Temple Wang Fu Shi Village 150 3-5-6
Committee
------------------------------------------------------------------------------------------------------------------------
45 Chang Shou Mountain Management Office of 400 1-009
Chang Shou Mountain
Scenic Spots
------------------------------------------------------------------------------------------------------------------------
46 Bei Ying Zi Chang Cheng 2-2-19
Construction and 250
Installment Company
------------------------------------------------------------------------------------------------------------------------
47 Yan Sai Hu Management Office of 400 1-1-146
Yan Sai Hu Scenic Spots
------------------------------------------------------------------------------------------------------------------------
49 Beidaihe Post Office Ying Jiao Road, Beidaihe 71
Dong Shan Branch
------------------------------------------------------------------------------------------------------------------------
</TABLE>
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 22
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Company Appraisal Base date: June 30th, 2000
Qinghuangdao Branch
----------------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Struct- Number Leased Time of Lease Term Rent Rent/
ure of Floorage Completion -Year year
Story (Square of the -Month-Year- RMB
meters) Building Month
(mm/yy)
----- ---------------------- ----------------------- -------- -------- ------- --------- -------- ------ -----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
50 Beidaihe Development North part of Hai Ning Brick/Concrete 4 9 1993 1750 1750
Area Office Building Road, Beidaihe
------------------------------------------------------------------------------------------------------------------------------------
51 Beidaihe Foresty Center Bin Hai Avanue, Brick/Concrete Bird- 9 1994 3000 3000
Office Building Qinghuangdao watching
Tower
------------------------------------------------------------------------------------------------------------------------------------
52 Bei Building 16 Dong Er Road, Beidaihe Brick/Concrete 3 5 1990 4760 4760
Courtyard 20, Beidaihe
of the State Council
------------------------------------------------------------------------------------------------------------------------------------
53 Zhong Nan Hai Zhong Zhi, Beidaihe Brick/Concrete 3 25 1954 3000 3000
Telecommunication
Bureau Beidaihe Branch
------------------------------------------------------------------------------------------------------------------------------------
56 Lulong Post Office Yong Ping Street, Frame 2 9 Nov-99 5000 5000
Multi-purpose Building Cheng Guan Town
------------------------------------------------------------------------------------------------------------------------------------
58 Bu Jing Branch Mu Jing Village Post Brick/Concrete 2 6 1988 315.38 315.38
Multi-purpose Building Office
------------------------------------------------------------------------------------------------------------------------------------
62 Ye He Equipment Building Ye He Town Post Office Brick/Concrete 2 6 1987 315.38 315.38
------------------------------------------------------------------------------------------------------------------------------------
76 Shen He Village Xi Chang Village, Shen Steel/Concrete Flat 6.5 Oct-97 3000 3000
Government He
------------------------------------------------------------------------------------------------------------------------------------
77 Nandaihe No.2 Area Post Nandaihe No.2 Area Steel/Concrete 8 42 Oct-97 3000 3000
Office
------------------------------------------------------------------------------------------------------------------------------------
78 Zhu Cao Ying Post Office Zhu Cao Ying Town Steel/Concrete Flat 5.4 Sep-95 3000 3000
------------------------------------------------------------------------------------------------------------------------------------
79 Yu Guan Post Office Yu Guan Town Steel/Concrete 3 9.6 Oct-97 3000 3000
------------------------------------------------------------------------------------------------------------------------------------
80 Tai Ying Post Office Tai Ying Town Steel/Concrete Flat 5.67 Aug-95 3000 3000
------------------------------------------------------------------------------------------------------------------------------------
81 Cao Dong Zhuang Post Cao Dong Zhuang Village Steel/Concrete 2 8 Oct-97 3000 3000
Office
------------------------------------------------------------------------------------------------------------------------------------
91 Meterological Bureau Base 374 Bei Ma Road, San Brick/Concrete 1 18 Aug-88 23000 23000
Station Street
------------------------------------------------------------------------------------------------------------------------------------
92 An Shan Branch Center of An Shan Town Steel/Concrete 2 35 Dec-94 3000 3000
------------------------------------------------------------------------------------------------------------------------------------
93 Qing An Branch Center of Jing An Town Brick/Concrete 1 15 Dec-89 3000 3000
------------------------------------------------------------------------------------------------------------------------------------
94 Xin Ji Branch Xin Ji Town Brick/Concrete 3 42 Dec-98 3000 3000
------------------------------------------------------------------------------------------------------------------------------------
96 Hai An (2) Branch West of Yi Jing Road, Brick/Concrete 1 40.8 Aug-89 3000 3000
Hai An
------------------------------------------------------------------------------------------------------------------------------------
97 Qing Long Mobile Company Middle of Fu Wu Brick/Concrete 3 252 Sep-99 30000 30000
Street, Qing Long
------------------------------------------------------------------------------------------------------------------------------------
99 Ba Dao He Branch Ba Dao He Village, Ba Brick/Concrete 16 Oct-96 3000 3000
Dao He Town
------------------------------------------------------------------------------------------------------------------------------------
00 Da Wu Lan Branch Da Wu Lan Village, Da Brick/Concrete 12 Oct-97 3000 3000
Wu Lan Town
------------------------------------------------------------------------------------------------------------------------------------
02 Shuang Shan Zi Branch Shuang Shan Zi Town Brick/Concrete 16 Oct-97 3000 3000
------------------------------------------------------------------------------------------------------------------------------------
1047.81 389053.6 389053.6
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Company Unit RMB
Qinghuangdao Branch
----------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Rent/Square Leasing Lessor's Ownership Remarks
meter Contract Documentation
----------- (x) --------------------------
(RMB/year) Building Land Others
Title Use
----- ---------------------- ----------------------- ----------- ------- --------- --------- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
50 Beidaihe Development North part of Hai Ning 194 Has paid for
Area Office Building Road, Beidaihe 1997-2017
----------------------------------------------------------------------------------------------------------------------------
51 Beidaihe Foresty Center Bin Hai Avanue, 333 Has paid for
Office Building Qinghuangdao 1998-2008
----------------------------------------------------------------------------------------------------------------------------
52 Bei Building 16 Dong Er Road, Beidaihe 952
Courtyard 20, Beidaihe
of the State Council
----------------------------------------------------------------------------------------------------------------------------
53 Zhong Nan Hai Zhong Zhi, Beidaihe 120
Telecommunication
Bureau Beidaihe Branch
----------------------------------------------------------------------------------------------------------------------------
56 Lulong Post Office Yong Ping Street, 556
Multi-purpose Building Cheng Guan Town
----------------------------------------------------------------------------------------------------------------------------
58 Bu Jing Branch Mu Jing Village Post 53
Multi-purpose Building Office
----------------------------------------------------------------------------------------------------------------------------
62 Ye He Equipment Building Ye He Town Post Office 53
----------------------------------------------------------------------------------------------------------------------------
76 Shen He Village Xi Chang Village, Shen 462
Government He
----------------------------------------------------------------------------------------------------------------------------
77 Nandaihe No.2 Area Post Nandaihe No.2 Area 71
Office
----------------------------------------------------------------------------------------------------------------------------
78 Zhu Cao Ying Post Office Zhu Cao Ying Town 556
----------------------------------------------------------------------------------------------------------------------------
79 Yu Guan Post Office Yu Guan Town 313
----------------------------------------------------------------------------------------------------------------------------
80 Tai Ying Post Office Tai Ying Town 529
----------------------------------------------------------------------------------------------------------------------------
81 Cao Dong Zhuang Post Cao Dong Zhuang Village 375
Office
----------------------------------------------------------------------------------------------------------------------------
91 Meterological Bureau Base 374 Bei Ma Road, San 1278 Iron Tower
Station Street included
----------------------------------------------------------------------------------------------------------------------------
92 An Shan Branch Center of An Shan Town 86
----------------------------------------------------------------------------------------------------------------------------
93 Qing An Branch Center of Jing An Town 200
----------------------------------------------------------------------------------------------------------------------------
94 Xin Ji Branch Xin Ji Town 71
----------------------------------------------------------------------------------------------------------------------------
96 Hai An (2) Branch West of Yi Jing Road, 74
Hai An
----------------------------------------------------------------------------------------------------------------------------
97 Qing Long Mobile Company Middle of Fu Wu 119 The Land Use is
Street, Qing Long processing.
----------------------------------------------------------------------------------------------------------------------------
99 Ba Dao He Branch Ba Dao He Village, Ba 188
Dao He Town
----------------------------------------------------------------------------------------------------------------------------
00 Da Wu Lan Branch Da Wu Lan Village, Da 250
Wu Lan Town
----------------------------------------------------------------------------------------------------------------------------
02 Shuang Shan Zi Branch Shuang Shan Zi Town 188 The Land Use is
processing.
----------------------------------------------------------------------------------------------------------------------------
</TABLE>
Name of the person filling this form on behalf of the property owner:
Liu Shan Filling Date: July 5, 2000
Date of data entry: July 5, 2000
Notes: 1) This form is specifically for auxiliary buildings leased for
mobile communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 23
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BUSINESS PURPOSES
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Appraisal Base date: June 30th, 2000
Company Xingtai Branch
-------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Struct- Number Leased Time of Lease Term Rent Rent/
ure of Floorage Completion --Year year
Story (Square of the -Month-Year RMB
meters) Building -Month
(mm/yy)
-------- ---------------------- ------------------------- -------- ------ ------- --------- -------- ------ -----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
2 Qinghe Post Office San Yang Xi 70 28000 28000
Street
----------------------------------------------------------------------------------------------------------------------------
3 Long Yao Post Town 52 20800 20800
Office
----------------------------------------------------------------------------------------------------------------------------
122 48800 48800
----------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Unit: RMB
Company Xingtai Branch
-----------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Rent/Square Leasing Lessor's Ownership Remarks
meter Contract Documentation
----------- (x) --------------------------
(RMB/year) Building Land Others
Title Use
-------- ---------------------- ----------------------- ------------ ------- --------- --------- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
2 Qinghe Post Office San Yang Xi 400
Street
----------------------------------------------------------------------------------------------------------------------
3 Long Yao Post Town 400
Office
----------------------------------------------------------------------------------------------------------------------
800
----------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for
mobile communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty
Limited
<PAGE> 24
<TABLE>
<CAPTION>
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
Name of the Property Owner: Hebei Mobile Communication Company Appraisal Base date: June 30th, 2000
Xingtai Branch
------------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Struct- Number Leased Time of Lease Term Rent Rent/
ure of Floorage Completion -Year year
Story (Square of the -Month -Year RMB
meters) Building -Month
(mm/yy)
-------- ---------------------- ------------------------- -------- ------ ------- --------- -------- ------ -----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
#### Xin He County 19.3 7720 7720
Telecommunication Telecommunication
Bureau
-----------------------------------------------------------------------------------------------------------------------------------
#### Xin He Xi Liu 45.2 18080 18080
Telecommunication
-----------------------------------------------------------------------------------------------------------------------------------
#### Xin He Xun Zhai 45.2 18080 18080
Telecommunication
-----------------------------------------------------------------------------------------------------------------------------------
#### Xingtai Post Office Taihang Branch 54.5 21800 21800
-----------------------------------------------------------------------------------------------------------------------------------
#### Xingtai Post Office Train Station 25.5 10200 10200
-----------------------------------------------------------------------------------------------------------------------------------
#### County Broadcasting Bai Yun Mountain Iron 25 10000 10000
Station Tower
-----------------------------------------------------------------------------------------------------------------------------------
#### Guo Xin Page Page Company 46.36 18544 18544
-----------------------------------------------------------------------------------------------------------------------------------
#### Chang Zheng Factory Chang Zheng Factory 24 5040 5040
-----------------------------------------------------------------------------------------------------------------------------------
#### No. 1 Cotton Storehouse 15.5 10220 10220
-----------------------------------------------------------------------------------------------------------------------------------
#### Jin Long Restaurant Xin Hua Road 30 10080 10080
-----------------------------------------------------------------------------------------------------------------------------------
#### Army 52715 48 25000 25000
-----------------------------------------------------------------------------------------------------------------------------------
#### City Television Station Ye Jin Road 15 13000 13000
-----------------------------------------------------------------------------------------------------------------------------------
#### Labor Union of Xingtai 34.5 10000 10000
County
-----------------------------------------------------------------------------------------------------------------------------------
#### Dong Office of the Dong Wei Cheng Road 28 10220 10220
Industrial and
Commercial Bank of
China,
-----------------------------------------------------------------------------------------------------------------------------------
#### State Tax Bureau 30 20000 20000
-----------------------------------------------------------------------------------------------------------------------------------
#### Kang Zhuang Train Kang Zhuang Station 41 2000 2000
Station
-----------------------------------------------------------------------------------------------------------------------------------
#### Zhang Tai Post Office Zhang Tai Town 38.1 15440 15440
-----------------------------------------------------------------------------------------------------------------------------------
#### Qinghe Post Office San Yang Xi Street of 19.61 7844 7844
the County
-----------------------------------------------------------------------------------------------------------------------------------
#### Qinghe Post Office San Yang Xi Street of 14.31 5724 5724
the County
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Company Unit: RMB
Xingtai Branch
----------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Rent/Square Leasing Lessor's Ownership Remarks
meter Contract Documentation
----------- (x) --------------------------
(RMB/year) Building Land Others
Title Use
-------- ---------------------- ------------------------- ------------ ------- --------- --------- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
#### Xin He County 400
Telecommunication Telecommunication
Bureau
---------------------------------------------------------------------------------------------------------------------------
#### Xin He Xi Liu 400
Telecommunication
---------------------------------------------------------------------------------------------------------------------------
#### Xin He Xun Zhai 400
Telecommunication
---------------------------------------------------------------------------------------------------------------------------
#### Xingtai Post Office Taihang Branch 400
---------------------------------------------------------------------------------------------------------------------------
#### Xingtai Post Office Train Station 400
---------------------------------------------------------------------------------------------------------------------------
#### County Broadcasting Bai Yun Mountain 400
Station
---------------------------------------------------------------------------------------------------------------------------
#### Guo Xin Page Page Company 400
---------------------------------------------------------------------------------------------------------------------------
#### Chang Zheng Factory Chang Zheng Factory 210
---------------------------------------------------------------------------------------------------------------------------
#### No. 1 Cotton Storehouse 659
---------------------------------------------------------------------------------------------------------------------------
#### Jin Long Restaurant Xin Hua Road 336
---------------------------------------------------------------------------------------------------------------------------
#### Army 52715 521
---------------------------------------------------------------------------------------------------------------------------
#### City Television Station Ye Jin Road 867
---------------------------------------------------------------------------------------------------------------------------
#### Labor Union of Xingtai 290
County
---------------------------------------------------------------------------------------------------------------------------
#### Dong Office of the Dong Wei Cheng Road 365
Industrial and
Commercial Bank of
China,
---------------------------------------------------------------------------------------------------------------------------
#### State Tax Bureau 667
---------------------------------------------------------------------------------------------------------------------------
#### Kang Zhuang Train Kang Zhuang Station 49
Station
---------------------------------------------------------------------------------------------------------------------------
#### Zhang Tai Post Office Zhang Tai Town 400
---------------------------------------------------------------------------------------------------------------------------
#### Qinghe Post Office San Yang Xi Street of 400
the County
---------------------------------------------------------------------------------------------------------------------------
#### Qinghe Post Office San Yang Xi Street of 400
the County
---------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 25
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
#### Qinghe Post Office San Yang Xi Street of 18.86 7544
the County
---------------------------------------------------------------------------------------------------------------------
#### Pingxiang Post Office He Gu Temple 22.8 9120
---------------------------------------------------------------------------------------------------------------------
#### Pingxiang Post Office Old County of 58 23200
Pingxiang
---------------------------------------------------------------------------------------------------------------------
#### Nangong Post Office San Li 195.53 78212
---------------------------------------------------------------------------------------------------------------------
#### Baixiang Post Office County Post Office 36 14400
---------------------------------------------------------------------------------------------------------------------
#### Julu Post Office Guan Ting 39.6 15800
---------------------------------------------------------------------------------------------------------------------
#### Julu Post Office Yan Ting 29.62 11848
---------------------------------------------------------------------------------------------------------------------
#### Ningjin Post Office Si Zhi Lan 30 12000
---------------------------------------------------------------------------------------------------------------------
#### Ningjin Post Office Geng Zhuang Qiao 30 12000
---------------------------------------------------------------------------------------------------------------------
#### Ningjin Post Office Si Ma 20 8000
---------------------------------------------------------------------------------------------------------------------
#### Ningjin Post Office Nong Chang 20 8000
---------------------------------------------------------------------------------------------------------------------
#### Longyao Post Office County 298 119200
---------------------------------------------------------------------------------------------------------------------
#### Linxi Post Office Lu Zhai 76.83 30732
---------------------------------------------------------------------------------------------------------------------
#### Linxi Post Office Lao Guan Zhai 70.71 28284
---------------------------------------------------------------------------------------------------------------------
#### Guangzong Post Office Tang Ting 17.16 6864
---------------------------------------------------------------------------------------------------------------------
#### Guangzong Post Office Tang Ting 7.36 2944
---------------------------------------------------------------------------------------------------------------------
#### Guangzong Post Office Li Huan Village 10.4 4160
---------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
#### Qinghe Post Office San Yang Xi Street of 7544 400
the County
----------------------------------------------------------------------------------------------------------------------------------
#### Pingxiang Post Office He Gu Temple 9120 400
----------------------------------------------------------------------------------------------------------------------------------
#### Pingxiang Post Office Old County of 23200 400
Pingxiang
----------------------------------------------------------------------------------------------------------------------------------
#### Nangong Post Office San Li 78212 400
----------------------------------------------------------------------------------------------------------------------------------
#### Baixiang Post Office County Post Office 14400 400
----------------------------------------------------------------------------------------------------------------------------------
#### Julu Post Office Guan Ting 15800 400
----------------------------------------------------------------------------------------------------------------------------------
#### Julu Post Office Yan Ting 11848 400
----------------------------------------------------------------------------------------------------------------------------------
#### Ningjin Post Office Si Zhi Lan 12000 400
----------------------------------------------------------------------------------------------------------------------------------
#### Ningjin Post Office Geng Zhuang Qiao 12000 400
----------------------------------------------------------------------------------------------------------------------------------
#### Ningjin Post Office Si Ma 8000 400
----------------------------------------------------------------------------------------------------------------------------------
#### Ningjin Post Office Nong Chang 8000 400
----------------------------------------------------------------------------------------------------------------------------------
#### Longyao Post Office County 119200 400
----------------------------------------------------------------------------------------------------------------------------------
#### Linxi Post Office Lu Zhai 30732 400
----------------------------------------------------------------------------------------------------------------------------------
#### Linxi Post Office Lao Guan Zhai 28284 400
----------------------------------------------------------------------------------------------------------------------------------
#### Guangzong Post Office Tang Ting 6864 400
----------------------------------------------------------------------------------------------------------------------------------
#### Guangzong Post Office Tang Ting 2944 400
----------------------------------------------------------------------------------------------------------------------------------
#### Guangzong Post Office Li Huan Village 4160 400
----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 26
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Company Appraisal Base date: June 30th, 2000
Xingtai Branch
--------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Struct- Number Leased Time of Lease Term Rent Rent/
ure of Floorage Completion _Year year
Story (Square of the _Month _Year RMB
meters) Building Month
(mm/yy)
-------- ---------------------- ------------------------- -------- ------ ------- --------- -------- ------ -----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
#### Guangzong Li Huai Village 28.81 11524 11524
Telecommunication
Bureau
---------------------------------------------------------------------------------------------------------------------------
#### Guangzong Jiu Dian Village 30.235 12094 12094
Telecommunication
Bureau
Guangzong
---------------------------------------------------------------------------------------------------------------------------
#### Telecommunication Jiu Dian Village 13.475 5390 5390
Bureau
---------------------------------------------------------------------------------------------------------------------------
#### Guangzong Jian Zhi 7.36 2944 2944
Post Office
---------------------------------------------------------------------------------------------------------------------------
#### Neiqiu Liu Lin 131 52400 52400
Telecommunication
Bureau
Neiqiu
---------------------------------------------------------------------------------------------------------------------------
#### Post Office Da Meng Town 37.2 14880 14880
Neiqiu
---------------------------------------------------------------------------------------------------------------------------
#### Post Office Bei Zhang Zhen 59.6 23940 23940
Neiqiu Village
---------------------------------------------------------------------------------------------------------------------------
#### Post Office Da Meng Town 25.6 10240 10240
Nanhe
---------------------------------------------------------------------------------------------------------------------------
#### Telecommunication San Si County 27.95 11180 11180
Bureau
---------------------------------------------------------------------------------------------------------------------------
#### Lin Cheng Post Office Hei Cheng Branch 48.24 19296 19296
Lin Cheng
---------------------------------------------------------------------------------------------------------------------------
#### Telecommunication Ying Deng Base 30.8 12320 12320
Bureau Station
Total 2020.12 807508 807508
---------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Company Unit: RMB
Xingtai Branch
-------------------------------------------------------- ----------------------------------------------------------------
No. Name of Building Detailed Address Rent/Square Leasing Lessor's Ownership Remarks
meter Contract Documentation
----------- (x) --------------------------
(RMB/year) Building Land Others
Title Use
-------- ---------------------- ------------------------ ------------ ------- --------- --------- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
#### Guangzong Li Huan Village 400
Telecommunication
Bureau
-----------------------------------------------------------------------------------------------------------------------
#### Guangzong Jiu Dian Village 400
Telecommunication
Bureau
Guangzong
-----------------------------------------------------------------------------------------------------------------------
#### Telecommunication Jiu Dian Village 400
Bureau
-----------------------------------------------------------------------------------------------------------------------
#### Guangzong Jian Zhi 400
Post Office
-----------------------------------------------------------------------------------------------------------------------
#### Neiqiu Liu Lin 400
Telecommunication
Bureau
Neiqiu
-----------------------------------------------------------------------------------------------------------------------
#### Post Office Da Meng Town 400
Neiqiu
-----------------------------------------------------------------------------------------------------------------------
#### Post Office Bei Zhang Zhen 400
Neiqiu Village
-----------------------------------------------------------------------------------------------------------------------
#### Post Office Da Meng Town 400
Nanhe
-----------------------------------------------------------------------------------------------------------------------
#### Telecommunication San Si County 400
Bureau
-----------------------------------------------------------------------------------------------------------------------
#### Lin Cheng Post Office Hei Cheng Branch 400
Lin Cheng
-----------------------------------------------------------------------------------------------------------------------
#### Telecommunication Ying Deng Base 400
Bureau Station
Total 9163
-----------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for
mobile communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 27
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR OFFICE USE
<TABLE>
<CAPTION>
Name of the Property Owner: Post and Telecommunications Appraisal Base date: June 30th, 2000
Planning and Designing Institution of Hebei Province
--------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Struct- Number Leased Time of Lease Rent Rent/
ure of Floorage Completion Term (1 year) year
Story (Square of the (from _ RMB
meters) Building to_)
(mm/yy)
-------- ---------------------- ------------------------- -------- ------ ------- --------- -------- ------ -----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 Office Building Huai Bei Xi Road, Brick/ 5 1,290.00 Jan-78 Aug-00 516,000 516,000
Shi Jia Zhuang City Concrete -July-00
--------------------------------------------------------------------------------------------------------------------------
2
--------------------------------------------------------------------------------------------------------------------------
3
--------------------------------------------------------------------------------------------------------------------------
4
--------------------------------------------------------------------------------------------------------------------------
5
--------------------------------------------------------------------------------------------------------------------------
6
--------------------------------------------------------------------------------------------------------------------------
7
--------------------------------------------------------------------------------------------------------------------------
8
--------------------------------------------------------------------------------------------------------------------------
9
--------------------------------------------------------------------------------------------------------------------------
10
--------------------------------------------------------------------------------------------------------------------------
11
--------------------------------------------------------------------------------------------------------------------------
12
--------------------------------------------------------------------------------------------------------------------------
13
--------------------------------------------------------------------------------------------------------------------------
14
--------------------------------------------------------------------------------------------------------------------------
15
--------------------------------------------------------------------------------------------------------------------------
16
--------------------------------------------------------------------------------------------------------------------------
17
--------------------------------------------------------------------------------------------------------------------------
18
--------------------------------------------------------------------------------------------------------------------------
19
--------------------------------------------------------------------------------------------------------------------------
20 Total 1,290.00 516,000 516,000
--------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Post and Telecommunications Unit: RMB
Planning and Designing Institution of Hebei Province
--------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Rent/Square Remarks
meter
-----------
(RMB/year)
-------- ---------------------- ------------------------- ------------ ------
<S> <C> <C> <C> <C>
1 Office Building Huai Bei Xi Road, 400.00
Shi Jia Zhuang City
------------------------------------------------------------------------------------------------------------------------
2
------------------------------------------------------------------------------------------------------------------------
3
------------------------------------------------------------------------------------------------------------------------
4
------------------------------------------------------------------------------------------------------------------------
5
------------------------------------------------------------------------------------------------------------------------
6
------------------------------------------------------------------------------------------------------------------------
7
------------------------------------------------------------------------------------------------------------------------
8
------------------------------------------------------------------------------------------------------------------------
9
------------------------------------------------------------------------------------------------------------------------
10
------------------------------------------------------------------------------------------------------------------------
11
------------------------------------------------------------------------------------------------------------------------
12
------------------------------------------------------------------------------------------------------------------------
13
------------------------------------------------------------------------------------------------------------------------
14
------------------------------------------------------------------------------------------------------------------------
15
------------------------------------------------------------------------------------------------------------------------
16
------------------------------------------------------------------------------------------------------------------------
17
------------------------------------------------------------------------------------------------------------------------
18
------------------------------------------------------------------------------------------------------------------------
19
------------------------------------------------------------------------------------------------------------------------
20 Total
------------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for
mobile communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 28
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR OFFICE USE
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Appraisal Base date: June 30th, 2000
Company Office
-----------------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Struct- Number Leased Time of Lease Term Rent Rent/
ure of Floorage Completion _Year year
Story (Square of the _Month _Year_ RMB
meters) Building Month
(mm/yy)
-------- ---------------------- ------------------------- -------- ------ ------- --------- -------- ------ --------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 Telephone Equipment 19 Fan Xi Brick/ 4 1291.40 Aug-00 516560 516560
of Hebei Province Road Concrete -July-01
-----------------------------------------------------------------------------------------------------------------------------------
1,291.40 516,560.00
----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Unit: RMB
Company Office
--------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Rent/Square Leasing Lessor's Ownership Remarks
meter Contract Documentation
----------- (x) --------------------------
(RMB/year) Building Land Others
Title Use
-------- ---------------------- ----------------------- ------------ ------- --------- --------- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1 Telephone Equipment 19 Fan Xi 400 (x) 1276.8 square
of Hebei Province Road meters have
leased for
office use
------------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for
mobile communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
<PAGE> 29
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR OFFICE USE
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Appraisal Base date: June 30th, 2000
Company Shijiazhuang Branch
-------------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Struct- Number Leased Time of Lease Term Rent
ure of Floorage Completion _Year
Story (Square of the _Month _Year
meters) Building Month
(mm/yy)
-------- ---------------------- ------------------------- ----------- ------ ---------- --------- -------------- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1 Luquan Post Office Hai Shan Brick/ 6 160 Dec-94 16000
Building Street, Luquan Concrete
-------------------------------------------------------------------------------------------------------------------------------
4 Shenze Post Office and 8 Xi Street Brick/ 3 110 Jan-90 35000
Communication Building Concrete
-------------------------------------------------------------------------------------------------------------------------------
6 Jingjing Rented Post 1 Xingfu Frame 6 237.1 Nov-97 18441
Office Building Street
-------------------------------------------------------------------------------------------------------------------------------
8 Zhao County Xi Lou Brick/ 3 400 Dec-91 12000
Telecommunication Concrete
Bureau
-------------------------------------------------------------------------------------------------------------------------------
9 RMBshi Rented Office 89 Huai Yang Brick/ 2 300 May-82 18950
Building Street Concrete
-------------------------------------------------------------------------------------------------------------------------------
10 Shijiazhuang Company 117 Zhong Frame 4 2305.5 98
Rented Building Three Shan Dong Road
-------------------------------------------------------------------------------------------------------------------------------
11
-------------------------------------------------------------------------------------------------------------------------------
12
-------------------------------------------------------------------------------------------------------------------------------
13
-------------------------------------------------------------------------------------------------------------------------------
14
-------------------------------------------------------------------------------------------------------------------------------
15
-------------------------------------------------------------------------------------------------------------------------------
16
-------------------------------------------------------------------------------------------------------------------------------
17
-------------------------------------------------------------------------------------------------------------------------------
18
-------------------------------------------------------------------------------------------------------------------------------
19
-------------------------------------------------------------------------------------------------------------------------------
Total 3512.6 100391
-------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Unit: RMB
Company Shijiazhuang Branch
-----------------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Rent/ Rent/Square Leasing Lessor's Ownership Remarks
year meter Contract Documentation
RMB ----------- (x) --------------------------
(RMB/year) Building Land Others
Title Use
-------- ---------------------- --------------------- ------- --------------- -------- -------- --------- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 Luquan Post Office Hai Shan 16000 100.00
Building Street, Luquan
----------------------------------------------------------------------------------------------------------------------------------
4 Shenze Post Office and 8 Xi Street 35000 318.18
Communication Building
----------------------------------------------------------------------------------------------------------------------------------
6 Jingjing Rented Post 1 Xingfu 18441 77.78
Office Building Street
----------------------------------------------------------------------------------------------------------------------------------
8 Zhao County Xi Lou 12000 30.00
Telecommunication
Bureau
----------------------------------------------------------------------------------------------------------------------------------
9 RMBshi Rented Office 89 Huai Yang 18950 63.17
Building Street
----------------------------------------------------------------------------------------------------------------------------------
10 Shijiazhuang Company 117 Zhong 0 0.00
Rented Building Three Shan Dong Road
----------------------------------------------------------------------------------------------------------------------------------
11
----------------------------------------------------------------------------------------------------------------------------------
12
----------------------------------------------------------------------------------------------------------------------------------
13
----------------------------------------------------------------------------------------------------------------------------------
14
----------------------------------------------------------------------------------------------------------------------------------
15
----------------------------------------------------------------------------------------------------------------------------------
16
----------------------------------------------------------------------------------------------------------------------------------
17
----------------------------------------------------------------------------------------------------------------------------------
18
----------------------------------------------------------------------------------------------------------------------------------
19
----------------------------------------------------------------------------------------------------------------------------------
Total 100391
----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for
mobile communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
<PAGE> 30
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BUSINESS PURPOSES
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Appraisal Base date:June 30th, 2000
Company Shijiazhuang Branch
---------------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Struct- Number Leased Time of Lease Rent Rent/
ure of Floorage Completion Term year
Story (Square of the (from _ RMB
meters) Building to_)
(mm/yy)
-------- ---------------------- ------------------------- -------- ------ ------- --------- -------- -------- --- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
2 Ao Si Da Company Tai Ping He Bei Brick/ 2 82 96/02 45000 45000
Building Road, Luquan Ciaty Concrete
---------------------------------------------------------------------------------------------------------------------------------
3 Zhengding County Post 25 Fu Xi Street Frame 4 78.14 91 3750.72 3750.72
Office East Building
---------------------------------------------------------------------------------------------------------------------------------
4 Xing Tang Mao Li Jun Xing Tang Street Brick/ 3 60.2 84/12 11200 11200
Lin Jie Building Concrete
---------------------------------------------------------------------------------------------------------------------------------
7 Jinzhou Fu Li Chang North to the Gate of Brick/ 1 30 89/06 1500 1500
Hong Chemical Plant Zong Cun North Plant Concrete
---------------------------------------------------------------------------------------------------------------------------------
8 Shenze Post and 8 Xi Street Brick/ 3 35 90/01
Communication Concrete
Building
---------------------------------------------------------------------------------------------------------------------------------
9 Pingshan Jiao Li 67 Ye He Dong Road Steel/ 2 160 98/08 20000 20000
Jiang Commercial Concrete
Building
---------------------------------------------------------------------------------------------------------------------------------
11 Bank of China Jian She Bei Road Frame 6 40 93/08 24000 24000
Jingjing Branch Sales
Building
---------------------------------------------------------------------------------------------------------------------------------
14 Gaocheng Qiutou Qiu Tou Village, Brick/ 2 30 88 8000 8000
Mobile Sales Building Qiutou Town Concrete
---------------------------------------------------------------------------------------------------------------------------------
15 Gaocheng Liang Liang Village Brick/ 2 32 98 9000 9000
Village Sales Building Development Area, Concrete
307 National Road
---------------------------------------------------------------------------------------------------------------------------------
17 Gaoyi Mobile Sales Level 1 Construction Brick/ 1 260 2000/04 26000 26000
Building Bank of China Concrete
---------------------------------------------------------------------------------------------------------------------------------
21 Zanhuang Cotton and East of Xin Kai Frame 1 72.8 18000 18000
Linen Plant Street
Multi-purpose Building
---------------------------------------------------------------------------------------------------------------------------------
22 Zanhuang Post Office 4 Xin Kai Street Frame 4 120 94 5760 5760
Multi-purpose Building
---------------------------------------------------------------------------------------------------------------------------------
24 Tianhe Sales 55 Zheng Ding Street Steel/ 4 3037.5 97 1450000 1450000
Building, Concrete
Shijiazhuang City
---------------------------------------------------------------------------------------------------------------------------------
26 Sales Building, 395 He Ping Xi Street Brick/ 4 126 99/06 167000 167000
Shijiangzhuang Concrete
---------------------------------------------------------------------------------------------------------------------------------
27 Sales Building, 2 Fu Qiang Street Brick/ 4 225 99/07 60000 60000
Shijiangzhuang Market Concrete
---------------------------------------------------------------------------------------------------------------------------------
Total 4388.64 1849211 1849211
---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Unit: RMB
Company Shijiazhuang Branch
--------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Rent/Square Leasing Lessor's Ownership Remarks
meter Contract Documentation
----------- (check --------------------------
(RMB/year) mark) Building Land Others
Title Use
-------- ---------------------- ------------------------- ------------ ------- --------- --------- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
2 Ao Si Da Company Tai Ping He Bei 548.78
Building Road, Luquan Ciaty
-------------------------------------------------------------------------------------------------------------------------
3 Zhengding County Post 25 Fu Xi Street 48.00
Office East Building
-------------------------------------------------------------------------------------------------------------------------
4 Xing Tang Mao Li Jun Xing Tang Street 186.05
Lin Jie Building
-------------------------------------------------------------------------------------------------------------------------
7 Jinzhou Fu Li Chang North to the Gate of 50.00
Hong Chemical Plant Zong Cun North Plant
-------------------------------------------------------------------------------------------------------------------------
8 Shenze Post and 8 Xi Street
Communication
Building
-------------------------------------------------------------------------------------------------------------------------
9 Pingshan Jiao Li 67 Ye He Dong Road 125.00
Jiang Commercial
Building
-------------------------------------------------------------------------------------------------------------------------
11 Bank of China Jian She Bei Road 600.00
Jingjing Branch Sales
Building
-------------------------------------------------------------------------------------------------------------------------
14 Gaocheng Qiutou Qiu Tou Village, 266.67
Mobile Sales Building Qiutou Town
-------------------------------------------------------------------------------------------------------------------------
15 Gaocheng Liang Liang Village
Village Sales Building Development Area, 281.25
307 National Road
-------------------------------------------------------------------------------------------------------------------------
17 Gaoyi Mobile Sales Level 1 Construction 100.00
Building Bank of China
-------------------------------------------------------------------------------------------------------------------------
21 Zanhuang Cotton and East of Xin Kai 247.25
Linen Plant Street
Multi-purpose Building
-------------------------------------------------------------------------------------------------------------------------
22 Zanhuang Post Office 4 Xin Kai Street 48.00
Multi-purpose Building
-------------------------------------------------------------------------------------------------------------------------
24 Tianhe Sales 55 Zheng Ding Street 477.37
Building,
Shijiazhuang City
-------------------------------------------------------------------------------------------------------------------------
26 Sales Building, 395 He Ping Xi Street 1325.40
Shijiangzhuang
-------------------------------------------------------------------------------------------------------------------------
27 Sales Building, 2 Fu Qiang Street 266.67
Shijiangzhuang Market
-------------------------------------------------------------------------------------------------------------------------
Total
-------------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for
mobile communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
<PAGE> 31
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: Zanhuang Sales Office, Hebei Appraisal Base date: June 30th, 2000
Mobile Communication Company Shijiazhuang Branch
-----------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Struct- Number Leased Time of Lease Term Rent Rent/
ure of Floorage Completion __ Year year
Story (Square of the __ Month RMB
meters) Building __ Year
(mm/yy) __ Month
-------- ---------------------- ------------------------- -------- ------ ------- --------- ---------- ------ ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 Rented Post Office 4 Xin Kai Frame 4 20 94 9000 9000
Multi-purpose Building Street
-----------------------------------------------------------------------------------------------------------------------------
3 Xi Gao Village Base Station Xi Gao Village Brick/ 1 15 94 1000 1000
Concrete
-----------------------------------------------------------------------------------------------------------------------------
Total 35 10000 10000
-----------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Zanhuang Sales Office, Hebei Unit: RMB
Mobile Communication Company Shijiazhuang Branch
-----------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Rent/Square Leasing Lessor's Ownership Remarks
meter Contract Documentation
----------- (check --------------------------
(RMB/year) mark) Building Land Others
Title Use
-------- ---------------------- ----------------------- ------------ ------- --------- --------- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1 Rented Post Office 4 Xin Kai 450
Multi-purpose Building Street
----------------------------------------------------------------------------------------------------------------------
3 Xi Gao Village Base Station Xi Gao Village 66.67
----------------------------------------------------------------------------------------------------------------------
Total
----------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for
mobile communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
<PAGE> 32
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: Gaoyi Sales Office, Hebei Appraisal Base date: June 30th, 2000
Mobile Communication Company Shijiazhuang Branch
-----------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Struct- Number Leased Time of Lease Term Rent Rent/
ure of Floorage Completion __ Year year
Story (Square of the __ Month RMB
meters) Building __ Year
(mm/yy) __ Month
-------- ---------------------- ------------------------- -------- ------ ------- --------- -------- ------ -----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
2 Zhong Han Base Inside the Brick/ 1 270 99/11 28000 28000
Station Zhonghan Village Concrete
Office
----------------------------------------------------------------------------------------------------------------------------
Total 270 28000 28000
----------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Gaoyi Sales Office, Hebei Unit: RMB
Mobile Communication Company Shijiazhuang Branch
--------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Rent/Square Leasing Lessor's Ownership Remarks
meter Contract Documentation
----------- (check ---------------------------
(RMB/year) mark) Building Land Others
Title Use
-------- ---------------------- ---------------------------------- ------- --------- --------- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
2 Zhong Han Base Inside the 103.7037
Station Zhonghan Village
Office
--------------------------------------------------------------------------------------------------------------------
Total 103.7037
--------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for
mobile communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
<PAGE> 33
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: RMBshi Sales Office, Hebei Appraisal Base date: June 30th, 2000
Mobile Communication Company Shijiazhuang Branch
-----------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Struct- Number Leased Time of Lease Term Rent Rent/
ure of Floorage Completion __ Year year
Story (Square of the __ Month RMB
meters) Building __ Year
(mm/yy) __ Month
-------- ---------------------- ------------------------- -------- ------ ------- --------- -------- ------ -----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
3 RMBshi Post Office Nanzuo Town 2 Frame 95.9 95/7 1000
Nanzuo Branch
----------------------------------------------------------------------------------------------------------------------------
4 RMBshi Post Office Yincun Town 2 Frame 52.5 95/6 1000
Yincun Branch
----------------------------------------------------------------------------------------------------------------------------
Total 148.4 2000
----------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: RMBshi Sales Office, Hebei Unit: RMB
Mobile Communication Company Shijiazhuang Branch
------------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Rent/Square Leasing Lessor's Ownership Remarks
meter Contract Documentation
----------- (check ---------------------------
(RMB/year) mark) Building Land Others
Title Use
-------- ---------------------- ------------------------- ------------ --------- --------- --------- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
3 RMBshi Post Office Nanzuo Town 1000 10.43
Nanzuo Branch
------------------------------------------------------------------------------------------------------------------------------
4 RMBshi Post Office Yincun Town 1000 19.05
Yincun Branch
------------------------------------------------------------------------------------------------------------------------------
Total 2000 29.47515
------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for
mobile communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
<PAGE> 34
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: Lingshou County Sales Office, Hebei Appraisal Base date: June 30th, 2000
Mobile Communication Company Shijiazhuang Branch
---------------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Struct- Number Leased Time of Lease Term Rent Rent/
ure of Floorage Completion __ Year year
Story (Square of the __ Month RMB
meters) Building __ Year
(mm/yy) __ Month
-------- ---------------------- ------------------------- -------- ------ ------- --------- ---------- ------ -----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 Lingshou Base Station 23 Ren Min Dong Road Frame 4 50 85/11 10526
--------------------------------------------------------------------------------------------------------------------------------
2 Qingtong Base Station Nan Qing Tong Brick/ 2 24 99/4 3000
Village, Qingtong Concrete
Town
--------------------------------------------------------------------------------------------------------------------------------
3 Chenzhuang Base Station Chenzhuang Town Brick/ 2 20 99/11 3000
Concrete
--------------------------------------------------------------------------------------------------------------------------------
4 Yanchuan Base Station Nan Yan Chuan Brick/ 1 80 99/11 3000
Village, Yanchuan Concrete
Town
--------------------------------------------------------------------------------------------------------------------------------
5 Ciyu Base Station Ci Yu Village, Ciyu Frame 2 30 2000/4 3000
Town
--------------------------------------------------------------------------------------------------------------------------------
6 Beitanzhuang County Beitanzhuang Town Brick/ 1 40 2000/04
Govennment Base Station Stone
--------------------------------------------------------------------------------------------------------------------------------
7 Xichatou Base Station Xi Cha Tou Village Brick/ 1 40 3000
Stone
--------------------------------------------------------------------------------------------------------------------------------
8 Tashang Base Station Ta Shang Brick/ 2 24 3000
Stone
--------------------------------------------------------------------------------------------------------------------------------
Total 308 28526
--------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Lingshou County Sales Office, Hebei Unit: RMB
Mobile Communication Company Shijiazhuang Branch
---------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Rent/Square Leasing Lessor's Ownership Remarks
meter Contract Documentation
----------- (check --------------------------
(RMB/year) mark) Building Land Others
Title Use
-------- ---------------------- ------------------------- ------------ ------- --------- --------- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1 Lingshou Base Station 23 Ren Min Dong Road 10526 210.52
----------------------------------------------------------------------------------------------------------------------------
2 Qingtong Base Station Nan Qing Tong 3000 125.00
Village, Qingtong
Town
----------------------------------------------------------------------------------------------------------------------------
3 Chenzhuang Base Station Chenzhuang Town 3000 150.00
----------------------------------------------------------------------------------------------------------------------------
4 Yanchuan Base Station Nan Yan Chuan 3000 37.50
Village, Yanchuan
Town
----------------------------------------------------------------------------------------------------------------------------
5 Ciyu Base Station Ci Yu Village, Ciyu 3000 100.00
Town
----------------------------------------------------------------------------------------------------------------------------
6 Beitanzhuang County Beitanzhuang Town 0 0.00
Govennment Base Station
----------------------------------------------------------------------------------------------------------------------------
7 Xichatou Base Station Xi Cha Tou Village 3000 75.00
----------------------------------------------------------------------------------------------------------------------------
8 Tashang Base Station Ta Shang 3000 125.00
----------------------------------------------------------------------------------------------------------------------------
Total 28526 823.02
----------------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for
mobile communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
<PAGE> 35
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: Xingtang Sales Office, Hebei Appraisal Base date: June 30th, 2000
Mobile Communication Company Shijiazhuang Branch
-----------------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Struct- Number Leased Time of Lease Term Rent Rent/
ure of Floorage Completion ____year year
Story (Square of the Month____ RMB
meters) Building Year_____
(mm/yy) Month
-------- ---------------------- ------------------------- -------- ------ ------- --------- ------- ------ -----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
2 Jia Zhuang Qun Yin West Entrance of Brick/ 2 44.07 89/10 2000 2000
Factory Office Building Jiazhuang Village Concrete
----------------------------------------------------------------------------------------------------- --------------------------
5 Jiukouzi Town Government South of Jiukouzi Town Brick/ 1 60 80/9 6000 6000
Office Flat Government Concrete
----------------------------------------------------------------------------------------------------- --------------------------
6 Shangfang Post Office North of Shangfang Town Brick/ 2 20 94/12 2000 2000
Branch Office Building Concrete
----------------------------------------------------------------------------------------------------- --------------------------
7 Liuying Grain Station of South of Linying Brick/ 2 9 88/12 6000 6000
Office Building Village Concrete
----------------------------------------------------------------------------------------------------- --------------------------
8 Xiayan Zhuang Primary East Entrance of Xiayan Brick/ 1 6.3 76/8 2000 2000
School Flat Zhuang Village Concrete
----------------------------------------------------------------------------------------------------- --------------------------
9 Koutou Post Office Branch South Entrance of Brick/ 3 16.5 97/12 2000 2000
Office Building Koutou Town Concrete
----------------------------------------------------------------------------------------------------- --------------------------
Total 155.87 20000 20000
---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Xingtang Sales Office, Hebei Unit: RMB
Mobile Communication Company Shijiazhuang Branch
----------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Rent/Square Leasing Lessor's Ownership Remarks
meter Contract Documentation
----------- (x) --------------------------
(RMB/year) Building Land Use Others
Title
-------- ---------------------- ------------------------- ------------ ------- --------- --------- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
2 Jia Zhuang Qun Yin West Entrance of 45.38
Factory Office Building Jiazhuang Village
--------------------------------------------------------------------------------------------------------------------------
5 Jiukouzi Town Government South of Jiukouzi Town 100.00
Office Flat Government
--------------------------------------------------------------------------------------------------------------------------
6 Shangfang Post Office North of Shangfang Town 100.00
Branch Office Building
--------------------------------------------------------------------------------------------------------------------------
7 Liuying Grain Station of South of Linying 666.67
Office Building Village
--------------------------------------------------------------------------------------------------------------------------
8 Xiayan Zhuang Primary East Entrance of Xiayan 317.46
School Flat Zhuang Village
--------------------------------------------------------------------------------------------------------------------------
9 Koutou Post Office Branch South Entrance of 121.21
Office Building Koutou Town
--------------------------------------------------------------------------------------------------------------------------
Total 1350.721
--------------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for
mobile communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
<PAGE> 36
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: Shenze Sales Office, Hebei Appraisal Base date: June 30th, 2000
Mobile Communication Company Shijiazhuang Branch
-------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Structure Number Leased Time of Lease Term Rent Rent/
Address of Floorage Completion ____year year
Story (Square of the Month____ RMB
meters) Building Year_____
(mm/yy) Month
-------- ---------------------- ------------------------- -------- ------- --------- -------- ------ -------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 Post Office Office 8 Xi Street Brick/ 3 24 90/1 3000 3000
Building Shenze Town Concrete
------------------------------------------------------------------------------------------------------------------------
2 Mali Exchange Qian Ma Li Brick/ 2 25 98/10 0
Station Concrete
------------------------------------------------------------------------------------------------------------------------
3 Baizhuang Exchange Zhong Bai Brick/ 1 25 98/10 0
Station Zhuang Concrete
------------------------------------------------------------------------------------------------------------------------
4 Liucun Exchange Xi Bei Liu Cun Brick/ 1 25 98/10 0
Station Concrete
------------------------------------------------------------------------------------------------------------------------
5 Shi Shun Company Geng Zhuang Brick/ 2 30 93/10 2000 2000
Concrete
------------------------------------------------------------------------------------------------------------------------
6 Xihe Post Office Xi He Brick/ 2 30 93/10 3000 3000
Concrete
------------------------------------------------------------------------------------------------------------------------
7 Tiegan Town Middle Tie Gan Brick/ 1 40 90/01 4000 4000
School Concrete
------------------------------------------------------------------------------------------------------------------------
8 Nanying Exchange Nan Ying Brick/ 1 25 00/06 3000 3000
Station Concrete
------------------------------------------------------------------------------------------------------------------------
Total 224 15000 15000
------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Shenze Sales Office, Hebei Unit: RMB
Mobile Communication Company Shijiazhuang Branch
------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Structure Rent/Square Leasing Lessor's Ownership Remarks
Address meter Contract Documentation
----------- (X) --------------------------
(RMB/year) Building Land Others
Title Use
-------- ---------------------- ------------------------- ------------ ------- --------- --------- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 Post Office Office 8 Xi Street Brick/ 125.00
Building Shenze Town Concrete
-------------------------------------------------------------------------------------------------------------------------
2 Mali Exchange Qian Ma Li Brick/ 0.00
Station Concrete
-------------------------------------------------------------------------------------------------------------------------
3 Baizhuang Exchange Zhong Bai Brick/ 0.00
Station Zhuang Concrete
-------------------------------------------------------------------------------------------------------------------------
4 Liucun Exchange Xi Bei Liu Cun Brick/ 0.00
Station Concrete
-------------------------------------------------------------------------------------------------------------------------
5 Shi Shun Company Geng Zhuang Brick/ 66.67
Concrete
-------------------------------------------------------------------------------------------------------------------------
6 Xihe Post Office Xi He Brick/ 100.00
Concrete
-------------------------------------------------------------------------------------------------------------------------
7 Tiegan Town Middle Tie Gan Brick/ 100.00
School Concrete
-------------------------------------------------------------------------------------------------------------------------
8 Nanying Exchange Nan Ying Brick/ 120.00
Station Concrete
-------------------------------------------------------------------------------------------------------------------------
Total 511.6667
-------------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for
mobile communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
<PAGE> 37
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: Jingjing Sales Office, Hebei Appraisal Base date: June 30th, 2000
Mobile Communication Company Shijiazhuang Branch
------------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Struct- Number Leased Time of Lease Term Rent Rent/
Address ure of Floorage Completion ____year year
Story (Square of the Month____ RMB
meters) Building Year_____
(mm/yy) Month
-------- ---------------------- ------------------------- -------- ------ ------- -------- ------ -----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
2 Xiaozuo Post Xiaozuo Frame 2 26.4 96/12 2053 2053
Office Branch Village
-----------------------------------------------------------------------------------------------------------------
3 Nanyu Post Office Nanyu Village Brick/ 2 6.5 97/3 506 506
Branch Concrete
Huaneng Shang'an
Electric Plant Baiwangzhuang
-----------------------------------------------------------------------------------------------------------------
5 Network Control Village Frame 2 10 90/1 0
Building
-----------------------------------------------------------------------------------------------------------------
6 027 Microwave Northwest of Brick/ 1 10 76/4 0
Station Gezi Mountain Concrete
-----------------------------------------------------------------------------------------------------------------
Total 52.9 2559 2559
-----------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Jingjing Sales Office, Hebei Unit: RMB
Mobile Communication Company Shijiazhuang Branch
---------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Structure Rent/Square Leasing Lessor's Ownership Remarks
Address meter Contract Documentation
----------- (x) --------------------------
(RMB/year) Building Land Others
Title Use
-------- ---------------------- ------------------------- ------------ ------- --------- --------- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
2 Xiaozuo Post Xiaozuo Frame 77.77
Office Branch Village
--------------------------------------------------------------------------------------------------------------------------
3 Nanyu Post Office Nanyu Village Brick/ 77.85
Branch Concrete
Huaneng Shang'an
Electric Plant Baiwangzhuang
--------------------------------------------------------------------------------------------------------------------------
5 Network Control Village Frame 0.00
Building
--------------------------------------------------------------------------------------------------------------------------
6 027 Microwave Northwest of Brick/ 0.00
Station Gezi Mountain Concrete
--------------------------------------------------------------------------------------------------------------------------
Total 155.6113054
--------------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for
mobile communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
<PAGE> 38
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: Zhengding, Hebei Mobile Appraisal Base date: June 30th, 2000
Communication Company Shijiazhuang Branch
--------------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Struct- Number Leased Time of Lease Term Rent Rent/
Address ure of Floorage Completion ____year year
Story (Square of the Month____ RMB
meters) Building Year_____
(mm/yy) Month
-------- ----------------- ----------------- -------- ------- -------- --------- ---------- ------- ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 North 25 Fu Xi Street Frame 3 65.34 87 3136.32 3136.32
Building,
Zhengding Post
Office
--------------------------------------------------------------------------------------------------------------------------------
3 Xin'an Post Xin'an Village, Brick/ 2 10 90 247.2 247.2
Office Branch Zhengding County Concrete
Multi-purpose
Building
--------------------------------------------------------------------------------------------------------------------------------
4 Quyangqiao Quyangqiao Brick/ 2 10 94 247.2 247.2
Post Office Village, Zhengding Concrete
branch County
Multi-purpose
Building
--------------------------------------------------------------------------------------------------------------------------------
10 Dongquan Cheng Dongquan Town Brick/ 1 12 90/01 4000 4000
Base Station Concrete
--------------------------------------------------------------------------------------------------------------------------------
11 Nanniu Xiang Nanniu Town Brick/ 1 25 92/02 2600 2600
Base Station Government Concrete
--------------------------------------------------------------------------------------------------------------------------------
12 Nan Gang Base Nangang Village Brick/ 1 20 98/01 3000 3000
Station Village Committee Concrete
--------------------------------------------------------------------------------------------------------------------------------
13 Qingzhen Nan Guan Brick/ 1 16 91/01 4000 4000
Temple Base Nan Guan Concrete
Station
--------------------------------------------------------------------------------------------------------------------------------
14 Chang Shan Inside the Brick/ 1 25 90/03 5000 5000
Machiery Zhengding Shang Concrete
Factory Base Shan Machinery
Station Factory
Feng Jia
--------------------------------------------------------------------------------------------------------------------------------
15 Zhuang Base Feng Jia Zhuang Brick/ 1 20 93/03 3000 3000
Station Village Committee Concrete
--------------------------------------------------------------------------------------------------------------------------------
Total 203.34 25230.7 25230.72
--------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Zhengding, Hebei Mobile Unit: RMB
Communication Company Shijiazhuang Branch
----------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Rent/Square Leasing Lessor's Ownership Remarks
meter Contract Documentation
----------- (x) ---------------------------
(RMB/year) Building Land Others
Title Use
-------- ------------------ -------------------- ----------- --------- --------- ------- ------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1 North 25 Fu Xi Street 48.00
Building,
Zhengding Post
Office
----------------------------------------------------------------------------------------------------------------------
3 Xin'an Post Xin'an Village, 24.72
Office Branch
Multi-purpose Zhengding County
Building
----------------------------------------------------------------------------------------------------------------------
4 Quyangqiao Quyangqiao 24.72
Post Office Village, Zhengding
branch County
Multi-purpose
Building
----------------------------------------------------------------------------------------------------------------------
10 Dongquan Cheng Dongquan Town 333.33
Base Station
----------------------------------------------------------------------------------------------------------------------
11 Nanniu Xiang Nanniu Town 104.00
Base Station Government
----------------------------------------------------------------------------------------------------------------------
12 Nan Gang Base Nangang Village 150.00
Station Village Committee
----------------------------------------------------------------------------------------------------------------------
13 Qingzhen Nan Guan 250.00
Temple Base
Station
----------------------------------------------------------------------------------------------------------------------
14 Chang Shan Inside the 200.00
Machiery Zhengding Shang
Factory Base Shan Machinery
Station Factory
Feng Jia
----------------------------------------------------------------------------------------------------------------------
15 Zhuang Base Feng Jia Zhuang 150.00
Station Village Committee
----------------------------------------------------------------------------------------------------------------------
Total 1284.773
----------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for
mobile communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
<PAGE> 39
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: Luquan, Hebei Mobile Appraisal Base date: June 30th, 2000
Communication Company Shijiazhuang Branch
----------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Struct- Number Leased Time of Lease Term Rent Rent/
Address ure of Floorage Completion ____year year
Story (Square of the Month____ RMB
meters) Building Year_____
(mm/yy) Month
-------- ----------------- ----------------- -------- ------- -------- --------- ---------- ------- ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
7 Yi'an Post Yi'an Village, Brick/ 3 10 97.12 751 751
Office Branch Yi'an Town Concrete
----------------------------------------------------------------------------------------------------------------------------
Total 10 751 751
----------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Luquan, Hebei Mobile Unit: RMB
Communication Company Shijiazhuang Branch
--------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Rent/Square Leasing Lessor's Ownership Remarks
meter Contract Documentation
----------- (x) ---------------------------
(RMB/year) Building Land Others
Title Use
-------- ---------------------- ------------------------- ------------ ------- --------- --------- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
7 Yi'an Post Yi'an Village, 75.10
Office Branch Yi'an Town
--------------------------------------------------------------------------------------------------------------------------
Total 75.1
--------------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for
mobile communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
<PAGE> 40
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: Xinle, Hebei Mobile Appraisal Base date: June 30th, 2000
Communication Company Shijiazhuang Branch
-------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Struct- Number Leased Time of Lease Term Rent Rent/
Address ure of Floorage Completion ____year year
Story (Square of the Month____ RMB
meters) Building Year_____
(mm/yy) Month
-------- ----------------- ----------------- -------- ------- -------- --------- ---------- ------- ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
3 Hanhe Post Hanhe Village, Frame 2 6 2400 2400
Office Branch Hange Town
-------------------------------------------------------------------------------------------------------------------------
Total 6 2400 2400
-------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Xinle, Hebei Mobile Unit: RMB
Communication Company Shijiazhuang Branch
--------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Rent/Square Leasing Lessor's Ownership Remarks
meter Contract Documentation
----------- (x) --------------------------
(RMB/year) Building Land Others
Title Use
-------- ---------------------- ------------------------- ------------ ------- --------- --------- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
3 Hanhe Post Hanhe Village, 400.00
Office Branch Hange Town
-------------------------------------------------------------------------------------------------------------------------
Total 400.00
-------------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for
mobile communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
<PAGE> 41
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: Gaocheng, Hebei Mobile Communication
Company Shijiazhuang Branch Appraisal Base date: June 30th, 2000
----------------------------------------------------------------------------------------------------------------------------------
Time of
Leased Completion Lease Term
Number Floorage of the Year
of (Square Building Month Year
No. Name of Building Detailed Address Structure Story meters) (mm/yy) Month Rent
----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
#### Liangcun Base Liangcun Development Area Brick/Concrete 1 20 Oct-94 1243.2
Station
#### Liyang Base Liyang Village, Qiutou Town Brick/Concrete 1 20 Mar-99 1570.21
Station
#### Datong Base Datong Village, Gangshang Frame 2 20 Dec-98 1573.76
Station Town
#### Xiying Base Nanying Village, Xiying Town Frame 2 20 Dec-98 615.94
Station
#### Jiashizhuang Base Jiashizhuang Village, Brick/Concrete 2 20 Dec-98 1513
Station Jiashizhuang Town
#### Meihua Base Meihua Village, Meihua Town Brick/Concrete 2 20 Dec-96 574.47
Station
#### Xiaochang'an Base Chang'an Village, Chang'an Brick/Concrete 2 20 Sep-98 1513
Station Town
#### Xing'an Base Xing'an Government Nan Lin Brick/Concrete 2 20 Jan-97 1490.07
Station
#### Zengcun Base Zengcun Village, Zengcun Brick/Concrete 2 20 Jan-97 1110.9
Station Town
#### Longgong Base Nanlonggong Village, Brick/Concrete 2 20 Dec-96 1030.111
Station Zhangjiazhuang Town
#### Qiutou Base Qiutou Village, Qiutou Town Brick/Concrete 2 40 Jan-00 2000
Station
#### Nandong Base Nandong Village, Nandong Brick/Concrete 2 20 93 2000
Station Town
#### Buliancheng Base Nandong Village, Nandong Brick/Concrete 2 20 93 403.85
Station Town
#### Bank of China Bank of China Lian Zhou Frame 8 20 93 6000
Gaocheng Branch Road Branch
#### State Tax Bureau Shi Fu Dong Road Frame 11 40 98 13000
Base Station
#### Grain Storehouse Southeast of the downtown Brick/Concrete 1
#### Xipucheng Base Xiqucheng Village, Brick/Concrete 1
Station Zhangjiazhuang Town
19 Xing'an Base Zhang Village, Xing'an Town Brick/Concrete 1 30 76 3000
Station
----------------------------------------------------------------------------------------------------------------------------------
Total 370.0 38638.5
----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Gaocheng, Hebei Mobile Communication
Company Shijiazhuang Branch Unit: RMB
-----------------------------------------------------------------------------------------------------------------------------------
Lessor's Ownership
Documentation
Rent/Square Leasing -------------------------
Rent/year meter Contrac Building Land
No. Name of Building Detailed Address RMB (RMB/year) (x) title Use Others Remarks
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
#### Liangcun Base Liangcun Development Area 1243.2 62.16
Station
#### Liyang Base Liyang Village, Qiutou Town 1570.21 78.51
Station
#### Datong Base Datong Village, Gangshang 1573.76 78.69
Station Town
#### Xiying Base Nanying Village, Xiying Town 615.94 30.80
Station
#### Jiashizhuang Base Jiashizhuang Village, 1513 75.65
Station Jiashizhuang Town
#### Meihua Base Meihua Village, Meihua Town 574.47 28.72
Station
#### Xiaochang'an Base Chang'an Village, Chang'an 1513 75.65
Station Town
#### Xing'an Base Xing'an Government Nan Lin 1490.07 74.50
Station
#### Zengcun Base Zengcun Village, Zengcun 1110.9 55.55
Station Town
#### Longgong Base Nanlonggong Village, 1030.111 51.51
Station Zhangjiazhuang Town
#### Qiutou Base Qiutou Village, Qiutou Town 2000 50.00
Station
#### Nandong Base Nandong Village, Nandong 2000 100.00
Station Town
#### Buliancheng Base Nandong Village, Nandong 403.85 20.19
Station Town
#### Bank of China Bank of China Lian Zhou 6000 300.0
Gaocheng Branch Road Branch
#### State Tax Bureau Shi Fu Dong Road 13000 325.00
Base Station
#### Grain Storehouse Southeast of the downtown 0
#### Xipucheng Base Xiqucheng Village, 0
Station Zhangjiazhuang Town
19 Xing'an Base Zhang Village, Xing'an Town 3000 100.0
Station
-----------------------------------------------------------------------------------------------------------------------------------
Total 38638.5 1505.6
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for mobile
communications;
2) Please provide copies of leasing contracts for buildings in respect of
which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
<PAGE> 42
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: Xinji, Hebei Mobile Communication
Company Shijiazhuang Branch Appraisal Base date: June 30th, 2000
----------------------------------------------------------------------------------------------------------------------------------
Time of
Leased Completion Lease Term
Floorage of the Year
Number (Square Building Month Year
No. Name of Building Detailed Address Structure of Story meters) (mm/yy) Month Rent
----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Xiaoxinzhuang Village
1 Xiaoxinzhuang Telocommunication Brick/ 1 12 Nov-98 722.5
Village Branch Concrete
Zhonglixiang Village
2 Zhonglixiang Telocommunication Brick/ 1 12 Dec-98 1559.51
Village Branch Concrete
Xinleitou Village
3 Xinleitou Village Telocommunication Brick/ 2 12 Nov-98 1717.31
Branch Concrete
Weibo Village
4 Weibo Village Telocommunication Brick/ 2 12 Dec-97 635.29
Branch Concrete
Hemujing Village
5 Hemujing Village Telocommunication Brick/ 2 12 Dec-98 855
Branch Concrete
Xixiaowang Village
6 Xixiaowang Village Telocommunication Brick/ 1 12 Dec-98 1672.73
Branch Concrete
Wangkou Village
7 Wangkou Village Telocommunication Brick/ 1 12 Dec-98 853.2
Branch Concrete
Mazhuang Village
8 Mazhuang Village Telocommunication Brick/ 1 12 Nov-91 540
Branch Concrete
Xincheng Village
9 Xincheng Village Telocommunication Brick/ 2 12 Dec-97 1027.17
Branch Concrete
Jiucheng Village
10 Jiucheng Village Telocommunication Brick/ 2 12 Jun-97 587.34
Branch Concrete
Nanzhiqiu Village
11 Nanzhiqiu Village Telocommunication Brick/ 2 12 Dec-97 520.21
Branch Concrete
12 Xinji Fur and Fur and Leather Center Brick/ 4 40 Nov-98 8000
Leather Center Post Office Concrete
13 Farm Machinery East Part of Jian She Brick/ 3 35 Jun-96 15000
Fittings Market Road Concrete
Goods and
14 Materials Bureau 7 Lu Nan Street, Xinji Brick/ 1 42 Jan-90 15000
(Timber Market) City Concrete
15 Xinji Middle 1 Xinzhong Road Brick/ 1 40 15000
School Concrete
----------------------------------------------------------------------------------------------------------------------------------
Total 289 63690.26
----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Xinji, Hebei Mobile Communication
Company Shijiazhuang Branch Unit: RMB
-----------------------------------------------------------------------------------------------------------------------------------
Lessor's Ownership
Documentation
Rent/Square Leasing --------------------------
Rent/year meter Contract Building
No. Name of Building Detailed Address RMB (RMB/year) (x) Title Land Use Others Remarks
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Xiaoxinzhuang Village
1 Xiaoxinzhuang Telocommunication 722.5 60.21
Village Branch
Zhonglixiang Village
2 Zhonglixiang Telocommunication 1559.51 129.96
Village Branch
Xinleitou Village
3 Xinleitou Village Telocommunication 1717.31 143.11
Branch
Weibo Village
4 Weibo Village Telocommunication 635.29 52.94
Branch
Hemujing Village
5 Hemujing Village Telocommunication 855 71.25
Branch
Xixiaowang Village
6 Xixiaowang Village Telocommunication 1672.73 139.39
Branch
Wangkou Village
7 Wangkou Village Telocommunication 853.2 71.10
Branch
Mazhuang Village
8 Mazhuang Village Telocommunication 540 45.00
Branch
Xincheng Village
9 Xincheng Village Telocommunication 1027.17 85.60
Branch
Jiucheng Village
10 Jiucheng Village Telocommunication 587.34 48.95
Branch
Nanzhiqiu Village
11 Nanzhiqiu Village Telocommunication 520.21 43.35
Branch
12 Xinji Fur and Fur and Leather Center 8000 200.00
Leather Center Post Office
13 Farm Machinery East Part of Jian She 15000 428.57
Fittings Market Road
Goods and
14 Materials Bureau 7 Lu Nan Street, Xinji 15000 357.14
(Timber Market) City
15 Xinji Middle 1 Xinzhong Road 15000 375.00
School
-----------------------------------------------------------------------------------------------------------------------------------
Total 63690.26 2251.569286
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for mobile
communications;
2) Please provide copies of leasing contracts for buildings in
respect of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
<PAGE> 43
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner; Pingshan County Sales Office, Hebei
Mobile Communication Company Shijiazhuang Branch Appraisal Base date: June 30th, 2000
--------------------------------------------------------------------------------------------------------------------------------
Time of
Leased Completion Lease Term
Floorage of the Year
Number (Square Building Month Year Rent/year
No. Name of Building Detailed Address Structure of Story meters) (mm/yy) Month Rent RMB
--------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
5 Huishe Post Office Donghuishe Steel/ 2 28.7 Oct-95 1500 1500
Village Concrete
6 Guyue Town Middle Zhongguyue Steel/ 1 40 Dec-99 2000 2000
School Village Concrete
7 Lianghe Village Lianghe Village Brick/ 1 15 Apr-86 1500 1500
Government Concrete
--------------------------------------------------------------------------------------------------------------------------------
Total 83.7 5000 5000
--------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner; Pingshan County Sales Office, Hebei
Mobile Communication Company Shijiazhuang Branch Unit: RMB
-------------------------------------------------------------------------------------------------------------------
Lessor's Ownership
Documentation
Rent/Square Leasing ----------------------------
meter Contract Building
No. Name of Building Detailed Address (RMB/year) (x) Title Land Use Others Remarks
-------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
5 Huishe Post Office Donghuishe 52.26
Village
6 Guyue Town Middle Zhongguyue 50.00
School Village
7 Lianghe Village Lianghe Village 100.00
Government
-------------------------------------------------------------------------------------------------------------------
Total 202.2648
-------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for mobile
communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
<PAGE> 44
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: Luancheng County, Hebei Mobile
Communication Company Shijiazhuang Branch Appraisal Base date: June 30th, 2000
---------------------------------------------------------------------------------------------------------------------------------
Time of
Leased Completion Lease Term
Floorage of the Year
Number (Square Building Month Year Rent/year
No. Name of Building Detailed Address Structure of Story meters) (mm/yy) Month Rent RMB
---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
7 Duanguzhuang Supply
and Marketing Duanguzhang Brick/ 2 40 91 5000 5000
Cooperative Village Concrete
8 Court Office Building Law Court Frame 5 20 98 10000 10000
---------------------------------------------------------------------------------------------------------------------------------
Total 60 15000 15000
---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Luancheng County, Hebei Mobile
Communication Company Shijiazhuang Branch Unit: RMB
------------------------------------------------------------------------------------------------------------------
Lessor's Ownership
Documentation
Rent/Square Leasing ---------------------------
meter Contract Building
No. Name of Building Detailed Address (RMB/year) (x) Title Land Use Others Remarks
------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
7 Duanguzhuang Supply
and Marketing Duanguzhang 125.00
Cooperative Village
8 Court Office Building Law Court 500.00
------------------------------------------------------------------------------------------------------------------
Total 625
------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for mobile
communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
<PAGE> 45
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: City Bureau, Hebei Mobile
Communication Company Shijiazhuang Branch Appraisal Base date: June 30th, 2000
----------------------------------------------------------------------------------------------------------------------------------
Time of
Leased Completion Lease Term
Floorage of the Year
Number (Square Building Month Year Rent/year
No. Name of Building Detailed Address Structure of Story meters) (mm/yy) Month Rent RMB
----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 Garment, Headgear 37 Yu Hua Dong Frame 7 20 May-90 17000 17000
and Shoes Company Road
2 Yinxing Elctronics 178 Hong Qi Frame 6 33 Mar-94 18000 18000
Building Street
3 Qiaoxi Goods and 2 Wei Ming Brick/ 7 16 Jun-95 12000 12000
Materials Company Street Concrete
4 Tian Hai Hotel 493 Zhong Hua Frame 12 44 Oct-92 15000 15000
Nan Street
5 Wei RMB Group 166 Xin Shi Bei Frame 6 32 Dec-97 15000 15000
Road
6 Hua Lian Buisness 8 Zhan Qian Frame 13 38 Oct-94 25000 25000
Tower Street
7 Mu Cai Hotel 73 Zhong Hua Frame 6 32 July-90 25000 25000
Nan Street
8 Huo Ju Tower 68 Hong Qi Frame 6 19 Jun-93 22000 22000
Street
9 Hua Xi Real Estate 116 Xin Hua Road Brick/ 5 16 July-97 8000 8000
Concrete
10 Lao Dong Tower 26 Xin Hua Road Frame 12 18 Jun-88 20000 20000
11 Wan Fang Business 64 Zhong Shan Frame 8 34 July-94 20000 20000
Tower Xi Road
12 Provincial Vehicle 410 Yu Hua Xi Frame 6 50 Jun-98 28000 28000
Repair Road
13 Aquatic Products
Supply and 21 Shui Chan Xi Brick/ 3 40 Sep-80 15000 15000
Marketing Company Street Concrete
14 No.2 Official Rest
Home of Lian Qing 81 Sheng Li Nan Brick/ 4 50 Mar-84 24000 24000
Department Street Concrete
15 TV Broadcasting He Ping Xi Road Frame 3 20 Apr-00 19000 19000
University
16 Nan San Tiao Sheng Li Bei Frame 5 9 May-99 2400 2400
Street
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: City Bureau, Hebei Mobile
Communication Company Shijiazhuang Branch Unit: RMB
-----------------------------------------------------------------------------------------------------------------
Lessor's Ownership
Documentation
Rent/Square Leasing ---------------------------
meter Contract Building
No. Name of Building Detailed Address (RMB/year) (x) Title Land Use Others Remarks
-----------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1 Garment, Headgear 37 Yu Hua Dong 850
and Shoes Company Road
2 Yinxing Elctronics 178 Hong Qi 545
Building Street
3 Qiaoxi Goods and 2 Wei Ming 750
Materials Company Street
4 Tian Hai Hotel 493 Zhong Hua 341
Nan Street
5 Wei RMB Group 166 Xin Shi Bei 469
Road
6 Hua Lian Buisness 8 Zhan Qian 658
Tower Street
7 Mu Cai Hotel 73 Zhong Hua 781
Nan Street
8 Huo Ju Tower 68 Hong Qi 1158
Street
9 Hua Xi Real Estate 116 Xin Hua Road 500
10 Lao Dong Tower 26 Xin Hua Road 1111
11 Wan Fang Business 64 Zhong Shan 588
Tower Xi Road
12 Provincial Vehicle 410 Yu Hua Xi 560
Repair Road
13 Aquatic Products
Supply and 21 Shui Chan Xi 375
Marketing Company Street
14 No.2 Official Rest
Home of Lian Qing 81 Sheng Li Nan 480
Department Street
15 TV Broadcasting He Ping Xi Road 950
University
16 Nan San Tiao Sheng Li Bei 267
Street
</TABLE>
<PAGE> 46
<TABLE>
<CAPTION>
Name of the Property Owner: City Bureau, Hebei Mobile Communication
Company Shijiazhuang Branch Appraisal Base date: June 30th, 2000
-----------------------------------------------------------------------------------------------------------------------------------
Time of
Leased Completion Lease Term
Floorage of the Year
Number (Square Building Month Year Rent/year
No. Name of Building Detailed Address Structure of Story meters) (mm/yy) Month Rent RMB
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
17 Yincheng Trade 232 Zhong Hua Frame 7 23 Dec-94 5000 5000
Nan Street
18 Zhong Hua Nan 1 Hui Ning Frame 6 33 Jun-94 5436.5 5436.5
Street
19 You Yi Nan 92 You Yi Street Frame 2 44 July-84
20 No.74 Bureau Zhong Hua Bei Brick 5 30 Sep-76 2745.6 2745.6
Street Wall
21 No.505 Bureau 268 Zhai Ying Frame 5 45 Dec-89
Nan Street
22 Yu Cai Nan Bureau Yu Cai Nan Frame 5 20 July-94
Street
23 No.61 Bureau 200 Ping An Frame 3 15 Dec-83 1261.18 1261.18
Street
24 Feng Shou Road 1 Yan Xi Street Frame 5 20 July-94
25 Chang Zheng Yu Hua Road Brick/ 5 32 Apr. 1, 20000 20000
Sneakers Factory Concrete 1986
26 Liquified Gas 417 Office Frame 6 15.3 81 15000 15000
Company Building, Zhong
Shan Dong Road
27 Liu Dong Zhuang Liudongzhuan Frame 2 42.29 94
Village
Committee
28 Er Shu Niu 89 Kunlun Street Frame 3 20.6 97 2202.24 2202.24
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: City Bureau, Hebei Mobile Communication
Company Shijiazhuang Branch Unit: RMB
----------------------------------------------------------------------------------------------------------------------
Lessor's Ownership
Rent/Square Leasing Documentation
meter Contract Building
No. Name of Building Detailed Address (RMB/year) ([CHECK MARK]) Title Land Use Others Remarks
----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
17 Yincheng Trade 232 Zhong Hua 217
Nan Street
18 Zhong Hua Nan 1 Hui Ning 165
Street
19 You Yi Nan 92 You Yi Street
20 No.74 Bureau Zhong Hua Bei 92
Street
21 No.505 Bureau 268 Zhai Ying
Nan Street
22 Yu Cai Nan Bureau Yu Cai Nan
Street
23 No.61 Bureau 200 Ping An 84
Street
24 Feng Shou Road 1 Yan Xi Street
25 Chang Zheng Yu Hua Road 625
Sneakers Factory
26 Liquified Gas 417 Office 980
Company Building, Zhong
Shan Dong Road
27 Liu Dong Zhuang Liudongzhuan
Village
Committee
28 Er Shu Niu 89 Kunlun Street 107
</TABLE>
<PAGE> 47
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: City Bureau, Hebei Mobile Communication
Company Shijiazhuang Branch Appraisal Base date: June 30th, 2000
----------------------------------------------------------------------------------------------------------------------------------
Time of
Leased Completion Lease Term
Floorage of the Year
Number (Square Building Month Year Rent/year
No. Name of Building Detailed Address Structure of Story meters) (mm/yy) Month Rent RMB
----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
29 No.4 Branch 226 Zhong Shan Frame 2 95
Dong Road
30 Xia Guang Grand 328 Zhong Shan Frame 4 26 Apr-86 20000 20000
Theatre Dong Road
31 Hang Kong Hotel 128 Zhong Shan Frame 5 24 July 1, 15000 15000
Dong Road 1993
32 Jin Bin Hotel 38 Ti Yu Bei Brick/ 4 23 Aug-76 15000 15000
Street Concrete
33 Guest House of Sub 1 6 Xiang Frame 5 27 Sep-92 20000 20000
No.6 Yang Street
Transportation
Company
34 Long-way Guest 126 Hui Tong Brick/ 3 40 Jun-90 26000 26000
Traveling Station Street Concrete
35 Guest House of 171 Jian She Nan Frame 4 35 Feb-83 12000 12000
Goods and Street
Materials Storage
Management Bureau
36 Zhuo Da Real Estate 389 Zhai Ying Nan Brick/ 6 25 Dec-98 18000 18000
Street Concrete
37 Vehicle Trade 22 Zhong Shan Frame 6 35 85 30000 30000
Company Dong Road
Sci-tech Officials
38 Training 452 Zhong Shan Frame 7 30 May-82 20000 20000
Institution Dong Road
39 Bo Ke Factory 819 Zhong Shan Frame 5 20 Apr-95 28000 28000
Dong Road
40 Tape Recorder 528 Zhong Shan Brick/ 1 40 July-84 40000 40000
Factory Dong Road Concrete
41 Hua Xu Hotel Dong Er Ring Frame 5 23 Nov-96 22000 22000
42 Provincial Song 42 Xi Street Frame 7 30 Oct-94 28000 28000
and Dance Theatre
43 Metallurgical 355 Yu Hua Dong Frame 6 26.6 Jan-96 20000 20000
Powder Factory
44 Construction 83 Jian She Nan Frame 11 26 Feb-96 35000 35000
Designing Street
Institution
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: City Bureau, Hebei Mobile Communication
Company Shijiazhuang Branch Unit: RMB
-----------------------------------------------------------------------------------------------------------------------
Lessor's Ownership
Rent/Square Leasing Documentation
meter Contract Building
No. Name of Building Detailed Address (RMB/year) ([CHECK MARK]) Title Land Use Others Remarks
-----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
29 No.4 Branch 226 Zhong Shan
Dong Road
30 Xia Guang Grand 328 Zhong Shan 769
Theatre Dong Road
31 Hang Kong Hotel 128 Zhong Shan 625
Dong Road
32 Jin Bin Hotel 38 Ti Yu Bei 652
Street
Guest House of
No.6 Sub 1 6 Xiang
33 Transportation Yang Street 741
Company
34 Long-way Guest 126 Hui Tong 650
Traveling Station Street
35 Guest House of 171 Jian She Nan 343
Goods and Street
Materials Storage
Management Bureau
36 Zhuo Da Real Estate 389 Zhai Ying Nan 720
Street
37 Vehicle Trade 22 Zhong Shan 857
Company Dong Road
38 Sci-tech Officials 452 Zhong Shan 667
Trainging Dong Road
Institution
39 Bo Ke Factory 819 Zhong Shan 1400
Dong Road
40 Tape Recorder 528 Zhong Shan 1000
Factory Dong Road
41 Hua Xu Hotel Dong Er Ring 957
42 Provincial Song 42 Xi Street 933
and Dance Theatre
43 Metallurgical 355 Yu Hua Dong 752
Powder Factory
44 Construction 83 Jian She Nan 1346
Designing Street
Institution
</TABLE>
<PAGE> 48
<TABLE>
<CAPTION>
Name of the Property Owner: City Bureau, Hebei Mobile Communication
Company Shijiazhuang Branch Appraisal Base date: June 30th, 2000
-----------------------------------------------------------------------------------------------------------------------------------
Time of
Leased Completion Lease Term
Floorage of the Year
Number (Square Building Month Year Rent/year
No. Name of Building Detailed Address Structure of Story meters) (mm/yy) Month Rent RMB
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
45 Qi Xiang Tower 178 Ti Yu Street Frame 20 30 Jan-91 300000 300000
46 Post and 315 Zhai Ying Frame 6 37.8 Sep-93
Telecommunication Street
School
47 Provincial 46 Ti Yu Street Frame 6 40 Dec-94 15000 15000
Transmisstion
Bureau
48 Metallurgucal 60 Fu Qiang Street Brick/ 5 25 Dec-96 18000 18000
Design and Concrete
Research
Institution
49 Provincial Civil 37 Ping An Nan Frame 6 24 Sep-80 12000 12000
Air Defence Street
50 Hua RMB Hotel 107 National Frame 7 36.4 95 65000 65000
Highway
51 Metallurgy 167 Yue Jin Road Brick/ 3 28 92 10000 10000
Research Office Concrete
52 No.12 Chemical 257 Huai Zhong Frame 6 35.88 81 20000 20000
Construction Road
53 Mian Hong Tower 183 He Ping Dong Frame 4 31 98 24000 24000
Road
No.2
54 Transportation Frame 4 44 97 25000 25000
Company
55 Textile Import and 10 Chang Zheng Frame 7 34.5 90 16000 16000
Export Company Street
56 City Foreign Trade 120 Jian She Bei Frame 10 37.4 93 35000 35000
Street
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: City Bureau, Hebei Mobile Communication
Company Shijiazhuang Branch Unit: RMB
---------------------------------------------------------------------------------------------------------------------------------
Lessor's Ownership
Rent/Square Leasing Documentation
meter Contract Building
No. Name of Building Detailed Address Structure (RMB/year) ([CHECK MARK]) Title Land Use Others Remarks
---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
45 Qi Xiang Tower 178 Ti Yu Street Frame 10000
46 Post and 315 Zhai Ying Frame
Telecommunication Street
School
47 Provincial 46 Ti Yu Street Frame 375
Transmisstion
Bureau
48 Metallurgucal 60 Fu Qiang Street Brick/ 720
Design and Concrete
Research
Institution
49 Provincial Civil 37 Ping An Nan Frame 500
Air Defence Street
50 Hua RMB Hotel 107 National Frame 1786
Highway
51 Metallurgy 167 Yue Jin Road Brick/ 357
Research Office Concrete
52 No.12 Chemical 257 Huai Zhong Frame 557
Construction Road
53 Mian Hong Tower 183 He Ping Dong Frame 774
Road
No.2
54 Transportation Frame 568
Company
55 Textile Import and 10 Chang Zheng Frame 464
Export Company Street
56 City Foreign Trade 120 Jian She Bei Frame 936
Street
</TABLE>
<PAGE> 49
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: City Bureau, Hebei Mobile Communication
Company Shijiazhuang Branch Appraisal Base date: June 30th, 2000
----------------------------------------------------------------------------------------------------------------------------------
Time of
Leased Completion Lease Term
Floorage of the Year
Number (Square Building Month Year Rent/year
No. Name of Building Detailed Address Structure of Story meters) (mm/yy) Month Rent RMB
----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
57 Fu Bang Tower 47 Jian She Bei Frame 8 17.68 97 16000 16000
Street
58 Chuang Jia Real 77 Guang An Brick/ 1 18 95 10000 10000
Estate Street Concrete
59 No.2 Valve Plant 143 Yue Jin Road Brick/ 7 16.12 5000 5000
Concrete
60 Rented Liu Haitao 143 Yue Jin Road Frame 7 16.12 11700 11700
House
61 Components Factory 273 He Ping Dong Brick/ 1 30 15000 15000
Road Concrete
62 Wei Er Kang 11 Zhai Ying Bei Frame 7 18.36 97 18000 18000
Street
Guest House of
63 Farm Machinery 5 Bei Huan Xi Frame 5 21.96 93 8600 8600
Plant Road
64 Nan Gao Ying 29 Gao Ying Frame 4 18.91 93 50000 50000
Street
65 7420 Factory 256 Sheng Li Bei Frame 4 30 15000 15000
Street
66 Fruit Tree 5 Wu Qi Road Frame 4 26.55 91 10000 10000
Research Office
67 Chemical Industry 393 He Ping Dong Frame 5 16.6 92 15000 15000
Factory Road
68 Bei Fang Supply 115 Shi Zheng Frame 9 35 89
and Marketing Tower Road
69 Xin Wen Tower 313 Zhong Shan Frame 21 26.5 95 19500 19500
Dong Road
70 City Socks Factory 275 Zhong Shan Brick/ 4 25 Dec-93 17000 17000
Xi Road Concrete
Guest House of
71 No.4 Zhong Dian 356 Zhong Shan Brick/ 6 28.5 Jun-84 18000 18000
Company Dong Road Concrete
72 Telecommunication 1 Hong Guang Brick/ 3 54 Sep-85 46000 46000
Building of the Street Concrete
No.2
Telecommunication
Station
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: City Bureau, Hebei Mobile Communication
Company Shijiazhuang Branch Unit: RMB
-----------------------------------------------------------------------------------------------------------------------------------
Lessor's Ownership
Rent/Square Leasing Documentation
meter Contract Building
No. Name of Building Detailed Address Structure (RMB/year) ([CHECK MARK]) Title Land Use Others Remarks
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
57 Fu Bang Tower 47 Jian She Bei Frame 905
Street
58 Chuang Jia Real 77 Guang An Brick/ 556
Estate Street Concrete
59 No.2 Valve Plant 143 Yue Jin Road Brick/ 310
Concrete
60 Rented Liu Haitao 143 Yue Jin Road Frame 726
House
61 Components Factory 273 He Ping Dong Brick/ 500
Road Concrete
62 Wei Er Kang 11 Zhai Ying Bei Frame 980 ???
Street
Guest House of
63 Farm Machinery 5 Bei Huan Xi Frame 392
Plant Road
64 Nan Gao Ying 29 Gao Ying Frame 2644
Street
65 7420 Factory 256 Sheng Li Bei Frame 500
Street
66 Fruit Tree 5 Wu Qi Road Frame 377
Research Office
67 Chemical Industry 393 He Ping Dong Frame 904
Factory Road
68 Bei Fang Supply 115 Shi Zheng Frame
and Marketing Tower Road
69 Xin Wen Tower 313 Zhong Shan Frame 736
Dong Road
70 City Socks Factory 275 Zhong Shan Brick/ 680
Xi Road Concrete
Guest House of
71 No.4 Zhong Dian 356 Zhong Shan Brick/ 632
Company Dong Road Concrete
72 Telecommunication 1 Hong Guang Brick/ 852
Building of the Street Concrete
No.2
Telecommunication
Station
</TABLE>
<PAGE> 50
<TABLE>
<CAPTION>
Name of the Property Owner: City Bureau, Hebei Mobile Communication
Company Shijiazhuang Branch Appraisal Base date: June 30th, 2000
-----------------------------------------------------------------------------------------------------------------------------------
Time of
Leased Completion Lease Term
Floorage of the Year
Number (Square Building Month Year Rent/year
No. Name of Building Detailed Address Structure of Story meters) (mm/yy) Month Rent RMB
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
73 54 Institution 589 Zhong Shan Frame 6 24.8 Sep-78 20000 20000
Xi Road
74 Artificial Limbs 130 Tai Hua Frame 7 36 Jun-94 18000 18000
Factory Street
75 Bei Dao Cha Sheng Li Bei Frame 7 25 July-82 28800 28800
Street
76 No.2 Standard 80 He Ping Xi Brick/ 6 83 Oct-97 16000 16000
Parts Factory Road Concrete
77 9704 Factory 6 Shi Gang Street Brick/ 1 30 Aug-69 14000 14000
Concrete
78 Provincial Packing 24 Shi Zhuang Brick/ 6 18.6 Mar-84 9600 9600
Import and Export Road Concrete
Company
79 Coal School 95 Xi San Zhuang Brick/ 1 30 Jun-75
Street Concrete
80 Flight Traing He Ping Xi Road Brick/ 2 30 Dec-94 25000 25000
School Concrete
81 Provincial Import 486 He Ping Xi Frame 12 28.8 Nov-93 23000 23000
and Export Trade Road
Company
82 Bei Cun Hotel 88 Zhao Ling Pu Brick/ 5 16 Aug-95 15000 15000
Street Concrete
83 Military Equipment 169 Bei Xin Brick/ 5 45 May-74 16000 16000
Research Office Street Concrete
84 Lian Meng Road Lian Meng Road Frame 5 40.8 Oct-95
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: City Bureau, Hebei Mobile Communication
Company Shijiazhuang Branch Unit: RMB
---------------------------------------------------------------------------------------------------------------------
Lessor's Ownership
Rent/Square Leasing Documentation
meter Contract Building
No. Name of Building Detailed Address (RMB/year) ([CHECK MARK]) Title Land Use Others Remarks
---------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
73 54 Institution 589 Zhong Shan 806
Xi Road
74 Artificial Limbs 130 Tai Hua 500
Factory Street
75 Bei Dao Cha Sheng Li Bei 1152
Street
76 No.2 Standard 80 He Ping Xi 193
Parts Factory Road
77 9704 Factory 6 Shi Gang Street 467
78 Provincial Packing 24 Shi Zhuang 516
Import and Export Road
Company
79 Coal School 95 Xi San Zhuang
Street
80 Flight Traing He Ping Xi Road 833
School
81 Provincial Import 486 He Ping Xi 799
and Export Trade Road
Company
82 Bei Cun Hotel 88 Zhao Ling Pu 938
Street
83 Military Equipment 169 Bei Xin 356
Research Office Street
84 Lian Meng Road Lian Meng Road
</TABLE>
<PAGE> 51
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: City Bureau, Hebei Mobile Communication
Company Shijiazhuang Branch Appraisal Base date: June 30th, 2000
----------------------------------------------------------------------------------------------------------------------------------
Time of
Leased Completion Lease Term
Floorage of the Year
Number (Square Building Month Year Rent/year
No. Name of Building Detailed Address Structure of Story meters) (mm/yy) Month Rent RMB
----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
85 Provincial Zhong Shan Xi Brick/ 6 29.8 Oct-97 10000 10000
Handicapped Road Concrete
Recovering and
Traing Center
86 3502 Guest House 23 Ping An Brick/ 5 17.5 Aug-85 12000 12000
Nan Street Concrete
87 Hua Du Tower 39 Chang An Frame 23 40 Sep-88 40000 40000
Road
88 Trade Serve 246 Bao Jin Brick/ 6 16.9 July-86 9600 9600
Building of the Nan Street Concrete
Supply and
Marketing
Cooperative
89 Nanguo Village Entrance of Frame 5 37 July-95
Nanguo Village
----------------------------------------------------------------------------------------------------------------------------------
Total 2594.27 1757846 1757846
----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: City Bureau, Hebei Mobile Communication
Company Shijiazhuang Branch Unit: RMB
-------------------------------------------------------------------------------------------------------------------
Lessor's Ownership
Rent/Square Leasing Documentation
meter Contract Building
No. Name of Building Detailed Address (RMB/year) ([CHECK MARK]) Title Land Use Others Remarks
-------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
85 Provincial Zhong Shan Xi 336
Handicapped Road
Recovering and
Traing Center
86 3502 Guest House 23 Ping An 686
Nan Street
87 Hua Du Tower 39 Chang An 1000
Road
88 Trade Serve 246 Bao Jin 568
Building of the Nan Street
Supply and
Marketing
Cooperative
89 Nanguo Village Entrance of
Nanguo Village
--------------------------------------------------------------------------------------------------------------
Total 62942.66
--------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for mobile
communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
<PAGE> 52
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR OFFICE USE
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Langfang Branch Appraisal Base date: June 30th, 2000
------------------------------------------------------------------------------------------------------------------------------------
Leased Time of Lease Term
Number Floorage Completion _Year Rent/year
No. Name of Building Detailed Address Structure of (Square of the _Month_Year_ Rent RMB
Story meters) Building Month
(mm/yy)
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 Xiadian Sales Office North of Xiadie Town 195 78000 78000
Government
------------------------------------------------------------------------------------------------------------------------------------
2 Dachang Sales Office Xi Street of the Town 100 7200 7200
------------------------------------------------------------------------------------------------------------------------------------
3 Dacheng Sales Office Dacheng Xi Guan 134 53600 53600
------------------------------------------------------------------------------------------------------------------------------------
4 Wen'an Sales Office Wen'an Town 103 7416 7416
------------------------------------------------------------------------------------------------------------------------------------
5 Zuogezhuang Sales Office Zuogezhuang Town 64 25600 25600
------------------------------------------------------------------------------------------------------------------------------------
6 Zuogezhuang Sales Office Zuogezhuang Town 21 8400 8400
------------------------------------------------------------------------------------------------------------------------------------
7 Zuogezhuang Sales Office Zuogezhuang Town 21 8400 8400
------------------------------------------------------------------------------------------------------------------------------------
8 Yancaolou Sales Office 55 Yi Chang Road 3 1200 1200
------------------------------------------------------------------------------------------------------------------------------------
9 Hua Wei Mobile, Langfang 5 Ying Chun Road, 1270 304800 304800
city Langfang City
------------------------------------------------------------------------------------------------------------------------------------
10 Hua Wei Mobile Langfang 34 Ai Min Dong Road, 750 270000 270000
city Langfang City
------------------------------------------------------------------------------------------------------------------------------------
2661 764616 764616
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Unit: RMB
------------------------------------------------------------------------------------------------------------------------------------
Rent/Square meter Leasing Lessor's Ownership
----------------- Contract Documentation Remarks
No. Name of Building Detailed Address (RMB/year) (x) ----------------------------
Building Land Use Others
Title
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1 Xiadian Sales Office North of Xiadie Town 400
Government
------------------------------------------------------------------------------------------------------------------------------------
2 Dachang Sales Office Xi Street of the Town 72
------------------------------------------------------------------------------------------------------------------------------------
3 Dacheng Sales Office Dacheng Xi Guan 400
------------------------------------------------------------------------------------------------------------------------------------
4 Wen'an Sales Office Wen'an Town 72
------------------------------------------------------------------------------------------------------------------------------------
5 Zuogezhuang Sales Office Zuogezhuang Town 400
------------------------------------------------------------------------------------------------------------------------------------
6 Zuogezhuang Sales Office Zuogezhuang Town 400
------------------------------------------------------------------------------------------------------------------------------------
7 Zuogezhuang Sales Office Zuogezhuang Town 400
------------------------------------------------------------------------------------------------------------------------------------
8 Yancaolou Sales Office 55 Yi Chang Road 400
------------------------------------------------------------------------------------------------------------------------------------
9 Hua Wei Mobile, Langfang 5 Ying Chun Road, 240
city Langfang City
------------------------------------------------------------------------------------------------------------------------------------
10 Hua Wei Mobile, Langfang 34 Ai Min Dong Road, 360
city Langfang City
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for mobile
communications;
2) Please provide copies of leasing contracts for
buildings in respect of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 53
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BUSINESS PURPOSES
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Langfang Branch Appraisal Base date: June 30th, 2000
------------------------------------------------------------------------------------------------------------------------------------
Leased Time of Lease Term
Number Floorage Completion _Year Rent/year
No. Name of Building Detailed Address Structure of (Square of the _Month_Year_ Rent RMB
Story meters) Building Month
(mm/yy)
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Hua Wei Mobile
1 Telecommunication, 34 Ai Min Dong Road, 108.57 120000 120000
Langfang City Langfang City
------------------------------------------------------------------------------------------------------------------------------------
2
------------------------------------------------------------------------------------------------------------------------------------
3
------------------------------------------------------------------------------------------------------------------------------------
4
------------------------------------------------------------------------------------------------------------------------------------
5
------------------------------------------------------------------------------------------------------------------------------------
6
------------------------------------------------------------------------------------------------------------------------------------
7
------------------------------------------------------------------------------------------------------------------------------------
8
------------------------------------------------------------------------------------------------------------------------------------
9
------------------------------------------------------------------------------------------------------------------------------------
10
------------------------------------------------------------------------------------------------------------------------------------
11
------------------------------------------------------------------------------------------------------------------------------------
12
------------------------------------------------------------------------------------------------------------------------------------
13
------------------------------------------------------------------------------------------------------------------------------------
14
------------------------------------------------------------------------------------------------------------------------------------
15
------------------------------------------------------------------------------------------------------------------------------------
16
------------------------------------------------------------------------------------------------------------------------------------
17
------------------------------------------------------------------------------------------------------------------------------------
18
------------------------------------------------------------------------------------------------------------------------------------
19
------------------------------------------------------------------------------------------------------------------------------------
Total 108.57 120000 120000
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Unit: RMB
------------------------------------------------------------------------------------------------------------------------------------
Rent/Square meter Leasing Lessor's Ownership
----------------- Contract Documentation Remarks
No. Name of Building Detailed Address (RMB/year) (x) ----------------------------
Building Land Use Others
Title
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Hua Wei Mobile
1 Telecommunication, 34 Ai Min Dong Road, 1105.278
Langfang City Langfang City
------------------------------------------------------------------------------------------------------------------------------------
2
------------------------------------------------------------------------------------------------------------------------------------
3
------------------------------------------------------------------------------------------------------------------------------------
4
------------------------------------------------------------------------------------------------------------------------------------
5
------------------------------------------------------------------------------------------------------------------------------------
6
------------------------------------------------------------------------------------------------------------------------------------
7
------------------------------------------------------------------------------------------------------------------------------------
8
------------------------------------------------------------------------------------------------------------------------------------
9
------------------------------------------------------------------------------------------------------------------------------------
10
------------------------------------------------------------------------------------------------------------------------------------
11
------------------------------------------------------------------------------------------------------------------------------------
12
------------------------------------------------------------------------------------------------------------------------------------
13
------------------------------------------------------------------------------------------------------------------------------------
14
------------------------------------------------------------------------------------------------------------------------------------
15
------------------------------------------------------------------------------------------------------------------------------------
16
------------------------------------------------------------------------------------------------------------------------------------
17
------------------------------------------------------------------------------------------------------------------------------------
18
------------------------------------------------------------------------------------------------------------------------------------
19
------------------------------------------------------------------------------------------------------------------------------------
Total
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for mobile
communications;
2) Please provide copies of leasing contracts for
buildings in respect of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 54
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Langfang Branch Appraisal Base date: June 30th, 2000
------------------------------------------------------------------------------------------------------------------------------------
Leased Time of Lease Term
Number Floorage Completion _Year Rent/year
No. Name of Building Detailed Address Structure of (Square of the _Month_Year_ Rent RMB
Story meters) Building Month
(mm/yy)
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Inside the Shengfang
#### Shengfang Base Post Office Branch, 47.61 3427.92 3427.9
Station Bazhou City
------------------------------------------------------------------------------------------------------------------------------------
Inside the Construction
#### ShengfangBase Bank of China Shengfang 15.5 6200 6200
Station Branch, Bazhou City
------------------------------------------------------------------------------------------------------------------------------------
#### DachangBase Station Dachang Town Thermal 80 5760 5760
Power Station
------------------------------------------------------------------------------------------------------------------------------------
Xia'an Road,
#### Liuhezhuang Base Liuhezhuang, Dachang 80 5760 5760
Station Town
------------------------------------------------------------------------------------------------------------------------------------
#### Qigezhuang Base Qigezhuang Agricultural 30 2160 2160
Station Bank, Dachang Town
------------------------------------------------------------------------------------------------------------------------------------
Inside Beiwei
#### Beiwei Base Station Telecommunication 23.48 1690.56 1690.6
Branch, Dacheng
------------------------------------------------------------------------------------------------------------------------------------
Inside Beiwei
#### Beiwei Base Station Telecommunication 57.76 23106 23106
Branch, Dacheng
------------------------------------------------------------------------------------------------------------------------------------
Inside Zangtun
#### Zangtun Base Station Telecommunication 68.89 27556 27556
Branch, Dacheng
------------------------------------------------------------------------------------------------------------------------------------
#### Daguang'an Base Inside Daguang'an Post 67.23 26892 26892
Station Office, Dacheng
------------------------------------------------------------------------------------------------------------------------------------
#### Telecommunication Inside Dacheng 204.49 81796 81796
Bureau Base Station Telecommunication
Bureau
------------------------------------------------------------------------------------------------------------------------------------
#### Post Office Base Inside Dacheng Post 17.27 6908 6908
Station Office
------------------------------------------------------------------------------------------------------------------------------------
#### Fucao Base Station Inside Fucao Town 81 32400 32400
Government, Dacheng
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Unit: RMB
------------------------------------------------------------------------------------------------------------------------------------
Rent/Square meter Leasing Lessor's Ownership
----------------- Contract Documentation Remarks
No. Name of Building Detailed Address (RMB/year) (x) ----------------------------
Building Land Use Others
Title
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Inside the Shengfang
#### Shengfang Base Post Office Branch, 72
Station Bazhou City
------------------------------------------------------------------------------------------------------------------------------------
Inside the Construction
#### ShengfangBase Bank of China Shengfang 400
Station Branch, Bazhou City
------------------------------------------------------------------------------------------------------------------------------------
#### DachangBase Station Dachang Town Thermal 72
Power Station
Xia'an Road,
------------------------------------------------------------------------------------------------------------------------------------
#### Liuhezhuang Base Liuhezhuang, Dachang 72
Station Town
------------------------------------------------------------------------------------------------------------------------------------
#### Qigezhuang Base Qigezhuang Agricultural 72
Station Bank, Dachang Town
Inside Beiwei
------------------------------------------------------------------------------------------------------------------------------------
#### Beiwei Base Station Telecommunication 72
Branch, Dacheng
Inside Beiwei
------------------------------------------------------------------------------------------------------------------------------------
#### Beiwei Base Station Telecommunication 400
Branch, Dacheng
Inside Zangtun
------------------------------------------------------------------------------------------------------------------------------------
#### Zangtun Base Station Telecommunication 400
Branch, Dacheng
------------------------------------------------------------------------------------------------------------------------------------
#### Daguang'an Base Inside Daguang'an Post 400
Station Office, Dacheng
------------------------------------------------------------------------------------------------------------------------------------
#### Telecommunication Inside Dacheng 400
Bureau Base Station Telecommunication
Bureau
------------------------------------------------------------------------------------------------------------------------------------
#### Post Office Base Inside Dacheng Post 400
Station Office
------------------------------------------------------------------------------------------------------------------------------------
#### Fucao Base Station Inside Fucao Town 400
Government, Dacheng
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 55
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
#### Liubiao Base Station Inside Liubiao Post 121 48400 48400
Office Branch, Dacheng
------------------------------------------------------------------------------------------------------------------------------------
Inside the Warehouse of
Liugezhuang Base Liugezhuang
#### Station Telecommunication 123.21 49284 49284
Branch, Dacheng
------------------------------------------------------------------------------------------------------------------------------------
#### Nanzhaofu Base Inside Nanzhaofu Post 21.5 8600 8600
Station Office Branch, Dacheng
------------------------------------------------------------------------------------------------------------------------------------
#### Nanzhaofu Base Inside Nanzhaofu Post 18.24 7296 7296
Station Office Branch, Dacheng
------------------------------------------------------------------------------------------------------------------------------------
Inside Gu'an
#### Gu'an Development Development Area Post 10 4000 4000
Area Base Station Office Branch
------------------------------------------------------------------------------------------------------------------------------------
#### Heping Road Base Inside the TV Tower Flat 1 room 40 May-97 101000 101000
Station Courtyard, Langfang
City
------------------------------------------------------------------------------------------------------------------------------------
Inside the
#### Meterological Base Meterological Bureau, Building 1 level 16 July-98 22680 22680
Station Langfang
------------------------------------------------------------------------------------------------------------------------------------
#### Xixiaoqu Base Inside the Post Office 64 25600 25600
Station Branch, Langfang City
------------------------------------------------------------------------------------------------------------------------------------
#### Pengzhuang Base No.4 Oil Extraction Flat 1 level 19 Feb-97 15500 15500
Station Plant
------------------------------------------------------------------------------------------------------------------------------------
Inside the
#### Dawangwu Base Telecommunication 32.49 12996 12996
Station Branch of Langfang
------------------------------------------------------------------------------------------------------------------------------------
#### Geyucheng Base Inside the Geyucheng 81 32400 32400
Station Telecommunication
Branch
------------------------------------------------------------------------------------------------------------------------------------
Inside the Guangmingdao
#### Guangmingdao Base Post Office, Langfang 138 9936 9936
Station City
------------------------------------------------------------------------------------------------------------------------------------
#### Guangmingdao Base Langfang Cold Storage 940.37 67706.64 67707
Station Plant
------------------------------------------------------------------------------------------------------------------------------------
Inside the Guangmingdao
#### Guangmingdao Base Post Office, Langfang 18.3 1317.6 1317.6
Station City
------------------------------------------------------------------------------------------------------------------------------------
District Inside the District
#### Transportation Base Transportation Company, Flat 2 Rooms 28 Apr-98 15500 15500
Station Langfang
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<S> <C> <C> <C>
#### Liubiao Base Station Inside Liubiao Post 400
Office Branch, Dacheng
------------------------------------------------------------------------------------------------------------------------------------
Inside the Warehouse of
Liugezhuang Base Liugezhuang
#### Station Telecommunication 400
Branch, Dacheng
------------------------------------------------------------------------------------------------------------------------------------
#### Nanzhaofu Base Inside Nanzhaofu Post 400
Station Office Branch, Dacheng
------------------------------------------------------------------------------------------------------------------------------------
#### Nanzhaofu Base Inside Nanzhaofu Post 400
Station Office Branch, Dacheng
------------------------------------------------------------------------------------------------------------------------------------
Inside Gu'an
#### Gu'an Development Development Area Post 400
Area Base Station Office Branch
------------------------------------------------------------------------------------------------------------------------------------
#### Heping Road Base Inside the TV Tower 2525
Station Courtyard, Langfang
City
------------------------------------------------------------------------------------------------------------------------------------
Inside the
#### Meterological Base Meterological Bureau, 1418
Station Langfang
------------------------------------------------------------------------------------------------------------------------------------
#### Xixiaoqu Base Inside the Post Office 400
Station Branch, Langfang City
------------------------------------------------------------------------------------------------------------------------------------
#### Pengzhuang Base No.4 Oil Extraction 816
Station Plant
------------------------------------------------------------------------------------------------------------------------------------
Inside the
#### Dawangwu Base Telecommunication 400
Station Branch of Langfang
------------------------------------------------------------------------------------------------------------------------------------
#### Geyucheng Base Inside the Geyucheng 400
Station Telecommunication
Branch
------------------------------------------------------------------------------------------------------------------------------------
Inside the Guangmingdao
#### Guangmingdao Base Post Office, Langfang 72
Station City
------------------------------------------------------------------------------------------------------------------------------------
#### Guangmingdao Base Langfang Cold Storage 72
Station Plant
------------------------------------------------------------------------------------------------------------------------------------
Inside the Guangmingdao
#### Guangmingdao Base Post Office, Langfang 72
Station City
------------------------------------------------------------------------------------------------------------------------------------
District Inside the District
#### Transportation Base Transportation Company, 554
Station Langfang
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 56
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Langfang Branch Appraisal Base date: June 30th, 2000
------------------------------------------------------------------------------------------------------------------------------------
Leased Time of Lease Term
Number Floorage Completion _Year Rent/year
No. Name of Building Detailed Address Structure of (Square of the _Month_Year_ Rent RMB
Story meters) Building Month
(mm/yy)
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
#### Bei Da Base Station Inside Bei Da Building 4 20.4 Jan-98 13000 13000
Construction Company,
Langfang City
------------------------------------------------------------------------------------------------------------------------------------
#### Dong Fang Hotel Inside Dong Fang Hotel, Building 4 20.53 Apr-98 12600 12600
Base Station Langfang
------------------------------------------------------------------------------------------------------------------------------------
#### Jianta Base Station Inside Jianta Town 25.3 Jan-97 15500 15500
Government, Langfang
------------------------------------------------------------------------------------------------------------------------------------
#### Shizheng Base Inside Municipal Building 5 14.1 Apr-98 13000 13000
Station Administration,
Langfang
------------------------------------------------------------------------------------------------------------------------------------
#### Jun Liang Pager Inside Jun Liang Pager Building 5 21.4 Mar-97 18000 18000
Base Station Office, Langfang City
------------------------------------------------------------------------------------------------------------------------------------
#### Piping Bureau Base Inside Piping Bureau, Building 2 23.4 Mar-98 89000 89000
Station Langfang
------------------------------------------------------------------------------------------------------------------------------------
#### Yancaolou Base Inside Tobacco Building 5 18 Mar-98 18000 18000
Station Building, Langfang City
------------------------------------------------------------------------------------------------------------------------------------
Inside Jiuzhou
#### Jiuzhou Base Station Telecommunication 174.24 69696 69696
Branch, Langfang City
------------------------------------------------------------------------------------------------------------------------------------
Development Area
Management Inside Development Area
#### CommitteeBase Management Committee, 9.8 3920 3920
Station Langfang City
------------------------------------------------------------------------------------------------------------------------------------
#### Development Area Inside Development Area 85.7 34280 34280
Base Station Post Office Branch,
Langfang City
------------------------------------------------------------------------------------------------------------------------------------
#### Development Base Inside Development Area 81 32400 32400
Station Post Office Branch,
Langfang City
------------------------------------------------------------------------------------------------------------------------------------
#### Qiuzhuang Base Inside Qiuzhuang Town 47.3 26000 26000
Station Government, Langfang
City
------------------------------------------------------------------------------------------------------------------------------------
#### Luofa Base Station Inside Luofa Town 51.84 30000 30000
Government, Langfang
City
------------------------------------------------------------------------------------------------------------------------------------
#### Matou Base Station Inside Matou 64 25600 25600
Telecommunication
Branch, Langfang City
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Unit: RMB
------------------------------------------------------------------------------------------------------------------------------------
Rent/Square meter Leasing Lessor's Ownership
----------------- Contract Documentation Remarks
No. Name of Building Detailed Address (RMB/year) (X) ----------------------------
Building Land Use Others
Title
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
#### Bei Da Base Station Inside Bei Da 637
Construction Company,
Langfang City
------------------------------------------------------------------------------------------------------------------------------------
#### Dong Fang Hotel Inside Dong Fang Hotel, 614
Base Station Langfang
------------------------------------------------------------------------------------------------------------------------------------
#### Jianta Base Station Inside Jianta Town 613
Government, Langfang
------------------------------------------------------------------------------------------------------------------------------------
#### Shizheng Base Inside Municipal 922
Station Administration,
Langfang
------------------------------------------------------------------------------------------------------------------------------------
#### Jun Liang Pager Inside Jun Liang Pager 841
Base Station Office, Langfang City
------------------------------------------------------------------------------------------------------------------------------------
#### Piping Bureau Base Inside Piping Bureau, 3803
Station Langfang
------------------------------------------------------------------------------------------------------------------------------------
#### Yancaolou Base Inside Tobacco 1000
Station Building, Langfang City
------------------------------------------------------------------------------------------------------------------------------------
Inside Jiuzhou
#### Jiuzhou Base Station Telecommunication 400
Branch, Langfang City
------------------------------------------------------------------------------------------------------------------------------------
Development Area
Management Inside Development Area
#### CommitteeBase Management Committee, 400
Station Langfang City
------------------------------------------------------------------------------------------------------------------------------------
#### Development Area Inside Development Area 400
Base Station Post Office Branch,
Langfang City
------------------------------------------------------------------------------------------------------------------------------------
#### Development Base Inside Development Area 400
Station Post Office Branch,
Langfang City
------------------------------------------------------------------------------------------------------------------------------------
#### Qiuzhuang Base Inside Qiuzhuang Town 549.68
Station Government, Langfang
City
------------------------------------------------------------------------------------------------------------------------------------
#### Luofa Base Station Inside Luofa Town 578.70
Government, Langfang
City
------------------------------------------------------------------------------------------------------------------------------------
#### Matou Base Station Inside Matou 400
Telecommunication
Branch, Langfang City
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 57
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Inside Moqiyin
#### Moqiying Base Telecommunication 19.8 1425.6 1425.6
Station Branch, Langfang City
------------------------------------------------------------------------------------------------------------------------------------
Inside Moqiying
#### Moqoying Base Telecommunication 37.21 14884 14884
Station Branch, Langfang City
------------------------------------------------------------------------------------------------------------------------------------
#### Library Base Station Inside Langfang Building 1 22.5 Mar-98 15120 15120
Library
------------------------------------------------------------------------------------------------------------------------------------
Post and
Telecommunication Inside the Post and
#### Guest House Base Telecommunication Guest 12 4800 4800
Station House, Langfang City
------------------------------------------------------------------------------------------------------------------------------------
Inside Petrol Audit
#### Petrol Audit Office Office, Langfang City Flat Open- 121 Mar-98 82000 82000
Base Station (Natural Gas No.2 air
Living Base)
------------------------------------------------------------------------------------------------------------------------------------
#### Gaolou Base Station Inside Sanhe Gaolou 12.25 882 882
Telecommunication
Bureau
------------------------------------------------------------------------------------------------------------------------------------
#### Huangzhuang Base Inside Sanhe 28.08 2021.76 2021.8
Station Huangzhuang
Telecommunication
Bureau
------------------------------------------------------------------------------------------------------------------------------------
#### Daliu Town Base Wen'an Daliu Town Road 28 11200 11200
Station
------------------------------------------------------------------------------------------------------------------------------------
#### Daliuhe Base Station Wen'an Daliuhe Town 32 2304 2304
Government
------------------------------------------------------------------------------------------------------------------------------------
#### Daliuhe Base Station Wen'an Daliuhe Town 23 1656 1656
Government
------------------------------------------------------------------------------------------------------------------------------------
#### Degui Base Station Wen'an Degui Tax Office 19 1368 1368
------------------------------------------------------------------------------------------------------------------------------------
#### Degui Base Station Wen'an Degui Tax Office 16 1152 1152
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<S> <C> <C> <C>
Inside Moqiyin
#### Moqiying Base Telecommunication 72
Station Branch, Langfang City
------------------------------------------------------------------------------------------------------------------------------------
Inside Moqiying
#### Moqoying Base Telecommunication 400
Station Branch, Langfang City
------------------------------------------------------------------------------------------------------------------------------------
#### Library Base Station Inside Langfang 672
Library
------------------------------------------------------------------------------------------------------------------------------------
Post and
Telecommunication Inside the Post and
#### Guest House Base Telecommunication Guest 400
Station House, Langfang City
------------------------------------------------------------------------------------------------------------------------------------
Inside Petrol Audit
#### Petrol Audit Office Office, Langfang City 678
Base Station (Natural Gas No.2
Living Base)
------------------------------------------------------------------------------------------------------------------------------------
#### Gaolou Base Station Inside Sanhe Gaolou 72
Telecommunication
Bureau
------------------------------------------------------------------------------------------------------------------------------------
#### Huangzhuang Base Inside Sanhe 72
Station Huangzhuang
Telecommunication
Bureau
------------------------------------------------------------------------------------------------------------------------------------
#### Daliu Town Base Wen'an Daliu Town Road 400
Station
------------------------------------------------------------------------------------------------------------------------------------
#### Daliuhe Base Station Wen'an Daliuhe Town 72
Government
------------------------------------------------------------------------------------------------------------------------------------
#### Daliuhe Base Station Wen'an Daliuhe Town 72
Government
------------------------------------------------------------------------------------------------------------------------------------
#### Degui Base Station Wen'an Degui Tax Office 72
------------------------------------------------------------------------------------------------------------------------------------
#### Degui Base Station Wen'an Degui Tax Office 72
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Assessing Companies Base Station: Zhongzi Assets Appraisal Office
Chesterton Petty Limited
<PAGE> 58
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Langfang Branch Appraisal Base date: June 30th, 2000
------------------------------------------------------------------------------------------------------------------------------------
Leased Time of Lease Term
Number Floorage Completion _Year Rent/year
No. Name of Building Detailed Address Structure of (Square of the _Month_Year_ Rent RMB
Story meters) Building Month
(mm/yy)
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
#### Degui Base Station Degui Tax Office, 42 3024 3024
Wen'an
------------------------------------------------------------------------------------------------------------------------------------
Inside Degui
#### Degui Base Station Telecommunication 61.9 4456.8 4456.8
Bureau, Wen'an
------------------------------------------------------------------------------------------------------------------------------------
#### Huangfu Base Station Huangfu Road, Wen'an 38 2736 2736
------------------------------------------------------------------------------------------------------------------------------------
#### Jiliukou Base Station Jiliukou Fruit Garden, 40 16000 16000
Wen'an
------------------------------------------------------------------------------------------------------------------------------------
#### Shigezhuang Base Station Shigezhuang Road, 13 5200 5200
Wen'an
------------------------------------------------------------------------------------------------------------------------------------
#### Shigezhuang Base Station Shigezhuang Road, 12 4800 4800
Wen'an
------------------------------------------------------------------------------------------------------------------------------------
#### Shigezhuang Base Station Shigezhuang Road, 16 6400 6400
Wen'an
------------------------------------------------------------------------------------------------------------------------------------
#### Shigezhuang Base Station Shigezhuang Road, 16 6400 6400
Wen'an
------------------------------------------------------------------------------------------------------------------------------------
#### Sunshizhen Base Station Wen'an Chemical Plant 12 4800 4800
------------------------------------------------------------------------------------------------------------------------------------
#### Sunshizhen Base Station Wen'an Chemical Plant 21 8400 8400
------------------------------------------------------------------------------------------------------------------------------------
#### Tanli Base Station Wen'an Tanli Road 16 6400 6400
------------------------------------------------------------------------------------------------------------------------------------
#### Wen'an Base Station Wen'an civil buildings 14 1008 1008
------------------------------------------------------------------------------------------------------------------------------------
#### Wen'an Base Station Wen'an civil buildings 10 12600 12600
------------------------------------------------------------------------------------------------------------------------------------
#### Wen'an Base Station Wen'an civil buildings 32.4 12960 12960
------------------------------------------------------------------------------------------------------------------------------------
#### Xinzhen Base Station Cultivated Area 25 1800 1800
------------------------------------------------------------------------------------------------------------------------------------
#### Xinzhen Base Station Cultivated Area 3 1200 1200
------------------------------------------------------------------------------------------------------------------------------------
#### Xinglonggong Base Inside Xinglonggong 37 2664 2664
Station Post Office Branch,
Wen'an
------------------------------------------------------------------------------------------------------------------------------------
#### Xinglonggong Base Inside Xinglonggong 19 7600 7600
Station Post Office Branch,
Wen'an
------------------------------------------------------------------------------------------------------------------------------------
#### Xinglonggong Base Inside Xinglonggong 13 936 936
Station Post Office Branch,
Wen'an
------------------------------------------------------------------------------------------------------------------------------------
#### Xinglonggong Base Inside Xinglonggong 13 5200 5200
Station Post Office Branch,
Wen'an
------------------------------------------------------------------------------------------------------------------------------------
#### Zuogezhuang Base Station Zuogezhuang Road 20 8000 8000
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Unit: RMB
------------------------------------------------------------------------------------------------------------------------------------
Rent/Square meter Leasing Lessor's Ownership
----------------- Contract Documentation Remarks
No. Name of Building Detailed Address (RMB/year) (x) ----------------------------
Building Land Use Others
Title
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
#### Degui Base Station Degui Tax Office, 72
Wen'an
------------------------------------------------------------------------------------------------------------------------------------
Inside Degui
#### Degui Base Station Telecommunication 72
Bureau, Wen'an
------------------------------------------------------------------------------------------------------------------------------------
#### Huangfu Base Station Huangfu Road, Wen'an 72
------------------------------------------------------------------------------------------------------------------------------------
#### Jiliukou Base Station Jiliukou Fruit Garden, 400
Wen'an
------------------------------------------------------------------------------------------------------------------------------------
#### Shigezhuang Base Station Shigezhuang Road, 400
Wen'an
------------------------------------------------------------------------------------------------------------------------------------
#### Shigezhuang Base Station Shigezhuang Road, 400
Wen'an
------------------------------------------------------------------------------------------------------------------------------------
#### Shigezhuang Base Station Shigezhuang Road, 400
Wen'an
------------------------------------------------------------------------------------------------------------------------------------
#### Shigezhuang Base Station Shigezhuang Road, 400
Wen'an
------------------------------------------------------------------------------------------------------------------------------------
#### Sunshizhen Base Station Wen'an Chemical Plant 400
------------------------------------------------------------------------------------------------------------------------------------
#### Sunshizhen Base Station Wen'an Chemical Plant 400
------------------------------------------------------------------------------------------------------------------------------------
#### Tanli Base Station Wen'an Tanli Road 400
------------------------------------------------------------------------------------------------------------------------------------
#### Wen'an Base Station Wen'an civil buildings 72
------------------------------------------------------------------------------------------------------------------------------------
#### Wen'an Base Station Wen'an civil buildings 1260
------------------------------------------------------------------------------------------------------------------------------------
#### Wen'an Base Station Wen'an civil buildings 400
------------------------------------------------------------------------------------------------------------------------------------
#### Xinzhen Base Station Cultivated Area 72
------------------------------------------------------------------------------------------------------------------------------------
#### Xinzhen Base Station Cultivated Area 400
------------------------------------------------------------------------------------------------------------------------------------
#### Xinglonggong Base Inside Xinglonggong 72
Station Post Office Branch,
Wen'an
------------------------------------------------------------------------------------------------------------------------------------
#### Xinglonggong Base Inside Xinglonggong 400
Station Post Office Branch,
Wen'an
------------------------------------------------------------------------------------------------------------------------------------
#### Xinglonggong Base Inside Xinglonggong 72
Station Post Office Branch,
Wen'an
------------------------------------------------------------------------------------------------------------------------------------
#### Xinglonggong Base Inside Xinglonggong 400
Station Post Office Branch,
Wen'an
------------------------------------------------------------------------------------------------------------------------------------
#### Zuogezhuang Base Station Zuogezhuang Road 400
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 59
<TABLE>
<S> <C> <C> <C> <C> <C>
#### Zuogezhuang Base Station Zuogezhuang Road 14 5600 5600
------------------------------------------------------------------------------------------------------------------------------------
#### Anping Base Station Inside Anping Post 5 360 360
Office Branch, Xianghe
------------------------------------------------------------------------------------------------------------------------------------
Inside Jiangxintun
#### Jiangxintun Base Station Telecommunication 56.25 22500 22500
Branch, Xianghe
------------------------------------------------------------------------------------------------------------------------------------
#### Liusong Base Station Inside Liusong Post 46.24 18496 18496
Office Branch, Xianghe
------------------------------------------------------------------------------------------------------------------------------------
#### Qianwangcun Base Station Inside the Town 7.84 3136 3136
Government
------------------------------------------------------------------------------------------------------------------------------------
#### Qiantun Base Station Inside the 12.25 4900 4900
Telecommunication
Bureau
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<S> <C> <C> <C>
#### Zuogezhuang Base Station Zuogezhuang Road 400
------------------------------------------------------------------------------------------------------------------------------------
#### Anping Base Station Inside Anping Post 72
Office Branch, Xianghe
------------------------------------------------------------------------------------------------------------------------------------
Inside Jiangxintun
#### Jiangxintun Base Station Telecommunication 400
Branch, Xianghe
------------------------------------------------------------------------------------------------------------------------------------
#### Liusong Base Station Inside Liusong Post 400
Office Branch, Xianghe
------------------------------------------------------------------------------------------------------------------------------------
#### Qianwangcun Base Station Inside the Town 400
Government
------------------------------------------------------------------------------------------------------------------------------------
#### Qiantun Base Station Inside the 400
Telecommunication
Bureau
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Assessing Companies Base Station: Zhongzi Assets Appraisal Office
Chesterton Petty Limited
<PAGE> 60
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Langfang Branch Appraisal Base date: June 30th, 2000
------------------------------------------------------------------------------------------------------------------------------------
Leased Time of Lease Term
Number Floorage Completion _Year Rent/year
No. Name of Building Detailed Address Structure of (Square of the _Month_Year_ Rent RMB
Story meters) Building Month
(mm/yy)
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
#### Qukou Base Station Inside the 100 40000 40000
Telecommunication Bureau
------------------------------------------------------------------------------------------------------------------------------------
#### Shihu Base Station Inside the 12.25 4900 4900
Telecommunication Bureau
------------------------------------------------------------------------------------------------------------------------------------
#### Wubaihu Base Inside the 72.25 28900 28900
Station Telecommunication Bureau
------------------------------------------------------------------------------------------------------------------------------------
#### Bieguzhuang Inside Bieguzhuang Post 26.1 1879.2 1879.2
Machine Room Office Branch, Yongqing
------------------------------------------------------------------------------------------------------------------------------------
#### Hancun Machine Inside Hancun Post Office 23.8 1713.6 1713.6
Room Branch, Yongqing
------------------------------------------------------------------------------------------------------------------------------------
#### Houyi Machine Room Inside Houyi Post Office 33 2376 2376
Branch, Yongqing
------------------------------------------------------------------------------------------------------------------------------------
#### Yongqing Mobile Inside Yongqing 225 90000 90000
Iron Tower Telecommunication Bureau
------------------------------------------------------------------------------------------------------------------------------------
4580 1533028 ######
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Unit: RMB
------------------------------------------------------------------------------------------------------------------------------------
Rent/Square meter Leasing Lessor's Ownership
----------------- Contract Documentation Remarks
No. Name of Building Detailed Address (RMB/year) (x) ----------------------------
Building Land Use Others
Title
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
#### Qukou Base Station Inside the 400
Telecommunication Bureau
------------------------------------------------------------------------------------------------------------------------------------
#### Shihu Base Station Inside the 400
Telecommunication Bureau
------------------------------------------------------------------------------------------------------------------------------------
#### Wubaihu Base Inside the 400
Station Telecommunication Bureau
------------------------------------------------------------------------------------------------------------------------------------
#### Bieguzhuang Inside Bieguzhuang Post 72
Machine Room Office Branch, Yongqing
------------------------------------------------------------------------------------------------------------------------------------
#### Hancun Machine Inside Hancun Post Office 72
Room Branch, Yongqing
------------------------------------------------------------------------------------------------------------------------------------
#### Houyi Machine Room Inside Houyi Post Office 72
Branch, Yongqing
------------------------------------------------------------------------------------------------------------------------------------
#### Yongqing Mobile Inside Yongqing 400
Iron Tower Telecommunication Bureau
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for mobile
communications;
2) Please provide copies of leasing contracts for buildings in respect of
which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
<PAGE> 61
INVENTORY AND VALUATION OF OTHER LEASED AUXILIARY BUILDINGS AND PROPERTIES
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Chengde Branch Appraisal Base date: June 30th, 2000
-----------------------------------------------------------------------------------------------------------------------------------
Leased Time of Lease Term
Floorage Completion of _Year
Number (Square the Building _Month_Year_ Rent/year
No. Name of Building Detailed Address Structure of Story meters) (mm/yy) Month Rent RMB
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
4 Taipingqiao Supply Taipingqiao Post Office Mixed 2 30.00 3600 3600
Warehouse
-----------------------------------------------------------------------------------------------------------------------------------
Taipingqiao Shen Lan
5 Company Warehouse, Taipingqiao Post Office Mixed 3 10.80 1296 1296
Chengde
-----------------------------------------------------------------------------------------------------------------------------------
City Waste Materials
Purchasing and Shidonzigou, Chengde Brick/
6 Marketing Company City Wood 1 120.00 1100 13200
Warehouse
-----------------------------------------------------------------------------------------------------------------------------------
City Waste Materials
Purchasing and Shidonzigou, Chengde Brick/
7 Marketing Company City Wood 1 120.00 12000 12000
Warehouse
-----------------------------------------------------------------------------------------------------------------------------------
280.80 30,096.00
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Chengde Branch Unit: RMB
-----------------------------------------------------------------------------------------------------------------------
Leasing Lessor's Ownership
Rent/Square meter Contract Documentation Remarks
No. Name of Building Detailed Address ----------------- (X) --------------------------
(RMB/year) Building Land Use Others
Title
-----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
4 Taipingqiao Supply Taipingqiao Post Office 120
Warehouse
-----------------------------------------------------------------------------------------------------------------------
Taipingqiao Shen Lan
5 Company Warehouse, Taipingqiao Post Office 120
Chengde
-----------------------------------------------------------------------------------------------------------------------
City Waste Materials
Purchasing and Shidonzigou, Chengde
6 Marketing Company City 110
Warehouse
-----------------------------------------------------------------------------------------------------------------------
City Waste Materials
Purchasing and Shidonzigou, Chengde
7 Marketing Company City 100
Warehouse
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for mobile
communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 62
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BUSINESS PURPOSES
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Chengde Branch Appraisal Base date: June 30th, 2000
----------------------------------------------------------------------------------------------------------------------------------
Leased Time of Lease Term
Floorage Completion of _Year
Number (Square the Building _Month_Year_ Rent/year
No. Name of Building Detailed Address Structure of Story meters) (mm/yy) Month Rent RMB
----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
3 Weichang Town Post 192 Town Mu Lan Brick/ 2 30.00 Dec-80 3600 3600
Office Sales Building Shang Zhong Road Concrete
----------------------------------------------------------------------------------------------------------------------------------
Longhua Post Office Post Office Sales
5 Multi-purpose Building, 67 Xing Frame 40.00 Dec-93 4800 4800
Building Zhou Road
----------------------------------------------------------------------------------------------------------------------------------
7 Nanyingzi Post Nanyingzi Street Mixed 6 37.95 Jun-95 4554 4554
Office, Chengde City
----------------------------------------------------------------------------------------------------------------------------------
8 Taipingqiao Post Taipingqiao, Dong Mixed 1 91.82 11018.4 11018
Office Machine Room Street, Chengde City
----------------------------------------------------------------------------------------------------------------------------------
9 Xinglong Post Office Zhong Yang Street, Mixed 5 30.00 Oct-84 3600 3600
Sales Office Xinglong Town
----------------------------------------------------------------------------------------------------------------------------------
10 Fengning Post Office 64 Jia Xinfeng Road, Brick/ 1 18.00 Feb-88 2160 2160
Building Fengning Concrete
----------------------------------------------------------------------------------------------------------------------------------
11 Chengde Town Sales Xin Hua Bookstore, Steel/ 4 40.00 Jun-96 8400 8400
Office Chengde Town Concrete
----------------------------------------------------------------------------------------------------------------------------------
12 Luanping Post Office Zhong Yang Street, Mixed 5 20.00 Oct-84 2400 2400
Sales Office Xinglong Town
----------------------------------------------------------------------------------------------------------------------------------
307.77 40532
----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Chengde Branch Unit: RMB
---------------------------------------------------------------------------------------------------------------------
Leasing
Rent/Square meter Contract Lessor's Ownership
No. Name of Building Detailed Address ----------------- (X) Documentation Remarks
(RMB/year) --------------------------
Building
Title Land Use Others
---------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
3 Weichang Town Post 192 Town Mu Lan 120
Office Sales Building Shang Zhong Road
---------------------------------------------------------------------------------------------------------------------
Longhua Post Office Post Office Sales
5 Multi-purpose Building, 67 Xing 120
Building Zhou Road
---------------------------------------------------------------------------------------------------------------------
7 Nanyingzi Post Nanyingzi Street 120
Office, Chengde City
---------------------------------------------------------------------------------------------------------------------
8 Taipingqiao Post Taipingqiao, Dong 120
Office Machine Room Street, Chengde City
---------------------------------------------------------------------------------------------------------------------
9 Xinglong Post Office Zhong Yang Street, 120
Sales Office Xinglong Town
---------------------------------------------------------------------------------------------------------------------
10 Fengning Post Office 64 Jia Xinfeng Road, 120
Building Fengning
---------------------------------------------------------------------------------------------------------------------
11 Chengde Town Sales Xin Hua Bookstore, 210
Office Chengde Town
---------------------------------------------------------------------------------------------------------------------
12 Luanping Post Office Zhong Yang Street, 120
Sales Office Xinglong Town
---------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for mobile
communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 63
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR OFFICE USE
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Chengde Branch Appraisal Base date: June 30th, 2000
-------------------------------------------------------------------------------------------------------------------------------
Leased Time of Lease Term
Floorage Completion of _Year
Number (Square the Building _Month_Year_
No. Name of Building Detailed Address Structure of Story meters) (mm/yy) Month Rent
-------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Backyard Flat of
1 Pingquan Post Inside Pingquan Town Mixed 1 198.98 May-85 23877.6
Office Post Office
-------------------------------------------------------------------------------------------------------------------------------
3 Chengde Bao Xian 4 North of Dong Mixed 9 377 Dec-94 280000
Hotel Street, Chengde, City
-------------------------------------------------------------------------------------------------------------------------------
4 Chengde Huo Shen Level 2 Huo Shen Mixed 7 129.47 Dec-88 21847.61
Miao Building Miao Building
-------------------------------------------------------------------------------------------------------------------------------
Retired Officials
6 Affairs Office of Taipingqiao Post Mixed 3 13.88 1665.6
Taipingqiao Post Office Office
-------------------------------------------------------------------------------------------------------------------------------
Taipingqiao Post
7 Office Property Taipingqiao Post Mixed 3 14 1680
Management Office Office, Chengde City
-------------------------------------------------------------------------------------------------------------------------------
9 Xinglong Post Office Zhongyang Village, Mixed 5 42.2 Sep-84 5064
Office Building Xinglong Town
-------------------------------------------------------------------------------------------------------------------------------
10 Fengning Post Office 64 Jia Xinfeng Road Brick/ 3 150 Feb-88 18000
Office Building Concrete
-------------------------------------------------------------------------------------------------------------------------------
925.53 352134.81
-------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Chengde Branch Unit: RMB
----------------------------------------------------------------------------------------------------------------------------------
Leasing Lessor's Ownership
Rent/year Rent/Square meter Contract Documentation
No. Name of Building Detailed Address RMB ----------------- (X) -------------------------- Remarks
(RMB/year) Building
Title Land Use Others
----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Backyard Flat of
1 Pingquan Post Inside Pingquan Town 23877.6 120
Office Post Office
----------------------------------------------------------------------------------------------------------------------------------
3 Chengde Bao Xian 4 North of Dong 280000 742.71
Hotel Street, Chengde, City
----------------------------------------------------------------------------------------------------------------------------------
4 Chengde Huo Shen Level 2 Huo Shen 21847.61 168.75
Miao Building Miao Building
----------------------------------------------------------------------------------------------------------------------------------
Retired Officials
6 Affairs Office of Taipingqiao Post 1665.6 120
Taipingqiao Post Office Office
----------------------------------------------------------------------------------------------------------------------------------
Taipingqiao Post
7 Office Property Taipingqiao Post 1680 120
Management Office Office, Chengde City
----------------------------------------------------------------------------------------------------------------------------------
9 Xinglong Post Office Zhongyang Village, 5064 120
Office Building Xinglong Town
----------------------------------------------------------------------------------------------------------------------------------
10 Fengning Post Office 64 Jia Xinfeng Road 18000 120
Office Building
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
352134.81
----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for mobile
communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 64
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Chengde Branch Appraisal Base date: June 30th, 2000
----------------------------------------------------------------------------------------------------------------------------------
Leased Time of Lease Term
Floorage Completion of _Year
Number (Square the Building _Month_Year_ Rent/year
No. Name of Building Detailed Address Structure of Story meters) (mm/yy) Month Rent RMB
----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Machinery Tree Farm
16 Integrated Saihanba Machinery Brick/ 1 10.00 Dec-90 4000 4000
Communication House Tree Farm Wood
----------------------------------------------------------------------------------------------------------------------------------
19 Kuancheng Hua Jian Gold Inside the Gold Mine Brick/ 3 4.00 Nov-88 60 720
Mine Office Building Office Concrete
----------------------------------------------------------------------------------------------------------------------------------
20 Kuancheng Douzigou Iron Inside the Iron Mine Brick/ 3 2.00 Oct-91 800 800
Mine Office Building Office Concrete
----------------------------------------------------------------------------------------------------------------------------------
21 Kuancheng Boluotai Post Left side of the Town Brick/ 2 2.00 Oct-97 800 800
Office Branch Government Concrete
----------------------------------------------------------------------------------------------------------------------------------
28 Chengde Public Traffic Chengde Lamasery Brick/ 18.00 Dec-89 10000 10000
Police Detachment Concrete
----------------------------------------------------------------------------------------------------------------------------------
48 Gaositai Base Station Gaositai Town Mixed 1 2.40 Jun-95 432 432
----------------------------------------------------------------------------------------------------------------------------------
49 Shangbancheng Base Shangbancheng Town Mixed 1 7.00 Jun-95 1260 1260
Station
----------------------------------------------------------------------------------------------------------------------------------
50 Dashimiao Base Station Dashimiao Town Mixed 1 40.00 Jun-95 7200 7200
----------------------------------------------------------------------------------------------------------------------------------
51 Nanyingzi Base Station Nanyingzi Town Mixed 1 66.88 Jun-95 12038 12038.4
----------------------------------------------------------------------------------------------------------------------------------
52 Kuancheng Town Base Kuancheng Town Mixed 3 40.70 Jan-94 7326 7326
Station
----------------------------------------------------------------------------------------------------------------------------------
53 Chengde Town Base Chengde Town Mixed 3 17.70 Jan-94 3186 3186
Station
----------------------------------------------------------------------------------------------------------------------------------
54 Chengde Water Company Feng Ying Zi shan, Mixed 1 18.00 Jan-94 4000 4000
Base Station Chengde City
----------------------------------------------------------------------------------------------------------------------------------
55 Chengde Water Company An RMB Miao Hou Mixed 1 18.00 Jan-94 4000 4000
Base Station Shan, Chengde City
----------------------------------------------------------------------------------------------------------------------------------
Total 246.68 55102 55762.4
----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Chengde Branch Unit: RMB
-----------------------------------------------------------------------------------------------------------------------
Leasing Lessor's Ownership
Rent/Square meter Contract Documentation
No. Name of Building Detailed Address ----------------- (X) -------------------------- Remarks
(RMB/year) Building
Title Land Use Others
-----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Machinery Tree Farm
16 Integrated Saihanba Machinery
Communication House Tree Farm 400
-----------------------------------------------------------------------------------------------------------------------
19 Kuancheng Hua Jian Gold Inside the Gold Mine
Mine Office Building Office 180
-----------------------------------------------------------------------------------------------------------------------
20 Kuancheng Douzigou Iron Inside the Iron Mine
Mine Office Building Office 400
-----------------------------------------------------------------------------------------------------------------------
21 Kuancheng Boluotai Post Left side of the Town
Office Branch Government 400
-----------------------------------------------------------------------------------------------------------------------
28 Chengde Public Traffic Chengde Lamasery
Police Detachment 556
-----------------------------------------------------------------------------------------------------------------------
48 Gaositai Base Station Gaositai Town 180
-----------------------------------------------------------------------------------------------------------------------
49 Shangbancheng Base Shangbancheng Town
Station 180
-----------------------------------------------------------------------------------------------------------------------
50 Dashimiao Base Station Dashimiao Town 180
-----------------------------------------------------------------------------------------------------------------------
51 Nanyingzi Base Station Nanyingzi Town 180
-----------------------------------------------------------------------------------------------------------------------
52 Kuancheng Town Base Kuancheng Town
Station 180
-----------------------------------------------------------------------------------------------------------------------
53 Chengde Town Base Chengde Town
Station 180
-----------------------------------------------------------------------------------------------------------------------
54 Chengde Water Company Feng Ying Zi shan,
Base Station Chengde City 222.2
-----------------------------------------------------------------------------------------------------------------------
55 Chengde Water Company An RMB Miao Hou
Base Station Shan, Chengde City 222.2
-----------------------------------------------------------------------------------------------------------------------
Total
-----------------------------------------------------------------------------------------------------------------------
</TABLE>
3) Please fill in the "Remarks" if necessary.
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 65
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BUSINESS PURPOSES
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Handan Branch Appraisal Base date: June 30th, 2000
-----------------------------------------------------------------------------------------------------------------------------------
Leased Time of Lease Term
Floorage Completion of _Year
Number (Square the Building _Month_Year_ Rent/year
No. Name of Building Detailed Address Structure of Story meters) (mm/yy) Month Rent RMB
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
2 Zhong Hua Road Middle part of Zhong Frame 1 80 1992 38400 38400.00
Sales Office Hua Street
-----------------------------------------------------------------------------------------------------------------------------------
Lower Levels of
3 No.91 Building Fu He No.91 Building Fu He Brick/ 1 200 1991 72000 72000.00
Street Street Concrete
-----------------------------------------------------------------------------------------------------------------------------------
4 Meng Lin Sales Office East part of Ren Min Brick/ 1 414 1995 300000 300000.00
Road Concrete
-----------------------------------------------------------------------------------------------------------------------------------
Cross of Zhong Xing
5 Wu An Sales Office Road and Ta Nan Brick/ 1 200 1998 45000 45000.00
Road Concrete
-----------------------------------------------------------------------------------------------------------------------------------
7 Ci Xian Sales Office 65 Jian She Street Brick/ 1 100 1999 20000 20000.00
Concrete
-----------------------------------------------------------------------------------------------------------------------------------
8 Guang Ping Sales East part of Ren Min Brick/ 1 110 1998 25440 25440.00
Office Road Concrete
-----------------------------------------------------------------------------------------------------------------------------------
12 Fei Xiang Sales Office West part of Jian She Brick/ 1 150 1998 36000 36000.00
Street Concrete
-----------------------------------------------------------------------------------------------------------------------------------
14 Feng Feng Sales 20 Feng Feng Fu Lin Frame 2 82 32800 32800.00
Office Street
-----------------------------------------------------------------------------------------------------------------------------------
Ming Xing Road,
15 Yong Nian Sales Office Minguan Town, Yong Brick/ 1 37 14800 14800.00
Nian Concrete
-----------------------------------------------------------------------------------------------------------------------------------
16 Guan Tao Sales Office 42.9 2574 2574.00
-----------------------------------------------------------------------------------------------------------------------------------
Total 1415.9 587014 587014
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Handan Branch Unit: RMB
--------------------------------------------------------------------------------------------------------------------
Leasing Lessor's Ownership
Rent/Square meter Contract Documentation
No. Name of Building Detailed Address ----------------- (X) -------------------------- Remarks
(RMB/year) Building
Title Land Use Others
--------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
2 Zhong Hua Road Middle part of Zhong 480.00
Sales Office Hua Street
--------------------------------------------------------------------------------------------------------------------
Lower Levels of
3 No.91 Building Fu He No.91 Building Fu He 360.00
Street Street
--------------------------------------------------------------------------------------------------------------------
4 Meng Lin Sales Office East part of Ren Min 724.64
Road
--------------------------------------------------------------------------------------------------------------------
Cross of Zhong Xing
5 Wu An Sales Office Road and Ta Nan 225.00
Road
--------------------------------------------------------------------------------------------------------------------
7 Ci Xian Sales Office 65 Jian She Street 200.00
--------------------------------------------------------------------------------------------------------------------
8 Guang Ping Sales East part of Ren Min 231.27
Office Road
--------------------------------------------------------------------------------------------------------------------
12 Fei Xiang Sales Office West part of Jian She 240.00
Street
--------------------------------------------------------------------------------------------------------------------
14 Feng Feng Sales 20 Feng Feng Fu Lin 400.00
Office Street
--------------------------------------------------------------------------------------------------------------------
Ming Xing Road,
15 Yong Nian Sales Office Minguan Town, Yong 400.00
Nian
--------------------------------------------------------------------------------------------------------------------
16 Guan Tao Sales Office 60.00
--------------------------------------------------------------------------------------------------------------------
Total 414.59
--------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for mobile
communications;
2) Please provide copies of leasing contracts for buildings in respect of
which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 66
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR OFFICE USE
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Handan Branch Appraisal Base date: June 30th, 2000
-------------------------------------------------------------------------------------------------------------------------------
Leased Time of Lease Term
Floorage Completion of _Year
Number (Square the Building _Month_Year_
No. Name of Building Detailed Address Structure of Story meters) (mm/yy) Month Rent
-------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Small Four-Story
1 Building of the Industrial Ren Min Road Brick/ 1-4 2000 May-00 700000
and Commercial Bank of Concrete
China
-------------------------------------------------------------------------------------------------------------------------------
Construction Bank of
2 China Guang Ming Guang Ming Road Brick/ 5 600 1996 50000
Office Building Concrete
-------------------------------------------------------------------------------------------------------------------------------
3 Feng Feng Office Inside the Post Office Brick/ 1 450 1996 27000
Building Concrete
-------------------------------------------------------------------------------------------------------------------------------
4 She Town Sales Office 390.28 23417
-------------------------------------------------------------------------------------------------------------------------------
5 Wei Town Sales Office 290 17400
-------------------------------------------------------------------------------------------------------------------------------
6 Ci Town Sales Office 537.42 32245.2
-------------------------------------------------------------------------------------------------------------------------------
7 Fei Town Sales Office 184 11040
-------------------------------------------------------------------------------------------------------------------------------
8 Qiu Town Sales Office 260 15600
-------------------------------------------------------------------------------------------------------------------------------
9 Guan Tao Sales Office 282.59 16955.4
-------------------------------------------------------------------------------------------------------------------------------
10 Qu Zhou Sales Office 375.36 22521.6
-------------------------------------------------------------------------------------------------------------------------------
12 Wu An Sales Office 240 14400
-------------------------------------------------------------------------------------------------------------------------------
13 Cheng An Sales Office 483.23 28993.3
-------------------------------------------------------------------------------------------------------------------------------
Total 6092.88 959572.3
-------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Handan Branch Unit: RMB
------------------------------------------------------------------------------------------------------------------------------------
Leasing Lessor's Ownership
Rent/year Rent/Square meter Contract Documentation
No. Name of Building Detailed Address RMB ----------------- (X) -------------------------- Remarks
(RMB/year) Building
Title Land Use Others
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Inclu-
Small Four-Story ding
1 Building of the Industrial Ren Min Road 700000.00 350.00 the
and Commercial Bank of Sales
China Office
------------------------------------------------------------------------------------------------------------------------------------
Construction Bank of
2 China Guang Ming Guang Ming Road 50000.00 83.33
Office Building
------------------------------------------------------------------------------------------------------------------------------------
3 Feng Feng Office Inside the Post Office 27000.00 60.00
Building
------------------------------------------------------------------------------------------------------------------------------------
4 She Town Sales Office 23416.80 60.00
------------------------------------------------------------------------------------------------------------------------------------
5 Wei Town Sales Office 17400.00 60.00
------------------------------------------------------------------------------------------------------------------------------------
6 Ci Town Sales Office 32245.20 60.00
------------------------------------------------------------------------------------------------------------------------------------
7 Fei Town Sales Office 11040.00 60.00
------------------------------------------------------------------------------------------------------------------------------------
8 Qiu Town Sales Office 15600.00 60.00
------------------------------------------------------------------------------------------------------------------------------------
9 Guan Tao Sales Office 16955.40 60.00
------------------------------------------------------------------------------------------------------------------------------------
10 Qu Zhou Sales Office 22521.60 60.00
------------------------------------------------------------------------------------------------------------------------------------
12 Wu An Sales Office 14400.00 60.00
------------------------------------------------------------------------------------------------------------------------------------
13 Cheng An Sales Office 28993.30 60.00
------------------------------------------------------------------------------------------------------------------------------------
Total 959572.3 157.49
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for mobile
communications;
2) Please provide copies of leasing contracts for buildings in respect of
which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 67
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Company Handan
Branch Appraisal Base date: June 30th, 2000
-------------------------------------------------------------------------------------------------------------------------------
Leased Time of Lease Term
Floorage Completion of _Year
Number (Square the Building _Month_Year_
No. Name of Building Detailed Address Structure of Story meters) (mm/yy) Month
-------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
3 Ma Tou Branch Station Ma Tou Zhong Street, Handan Brick/ 1 25
City Concrete
-------------------------------------------------------------------------------------------------------------------------------
4 Zhong Mei Department Tie Xi part of Lian Fang Brick/ 6 18
69 Base Station Road, Handan City Concrete
-------------------------------------------------------------------------------------------------------------------------------
5 City No.1 Metal Base Middle part of Zhu He Road, Brick/ 6 40
Station Handan City Concrete
-------------------------------------------------------------------------------------------------------------------------------
6 Handan University Base East part of Zhu He Road, Brick/ 6 20.15
Station Handan City Concrete
-------------------------------------------------------------------------------------------------------------------------------
7 No.1 Automobile Plant West part of Zhu He Road, Brick/ 6 25
Base Station Handan City Concrete
-------------------------------------------------------------------------------------------------------------------------------
Base Station of No.2 Bai Jia Cun Living Area,
8 Recreation Center of Handan Iron and Steel Plant, Brick/ 4 15
Handan Iron and Steel Plant Handan City Concrete
-------------------------------------------------------------------------------------------------------------------------------
9 RMB Lin Hotel Base Fu Yang Qiao, Ling RMB Brick/ 1 14.85
Station Road, Handan City Concrete
-------------------------------------------------------------------------------------------------------------------------------
10 Base Station of the Guest Middle part of Ling RMB Brick/ 4 20
House of Grain Bureau Road, Handan City Concrete
-------------------------------------------------------------------------------------------------------------------------------
11 Hydrological Team Base Fu Xi Qiao, Handan City Brick/ 1 70
Station Concrete
-------------------------------------------------------------------------------------------------------------------------------
12 Hu Cun Base Station Inside Hu Cun, Huang Liang Brick/ 1 15
Meng, Handan City Concrete
-------------------------------------------------------------------------------------------------------------------------------
13 Textile Research center Fu Gang Road, Handan City Brick/ 5 17
Base Station Concrete
-------------------------------------------------------------------------------------------------------------------------------
14 Qi Yun Company Base Yu Xin Bei Street, Handan Brick/ 6 14
Station City Concrete
-------------------------------------------------------------------------------------------------------------------------------
15 Handan Iron and Steel Inside the Steel Plant, Handan Brick/ 4 12
Plant Base Station City Concrete
-------------------------------------------------------------------------------------------------------------------------------
16 No.2 Color Textile Base Middle part of Ling RMB Brick/ 1 20
Station Road, Handan City Concrete
-------------------------------------------------------------------------------------------------------------------------------
17 Agricultural Bureau Base Cross of Ren Min Road and Brick/ 7 20
Station Ling Xi Street, Handan City Concrete
-------------------------------------------------------------------------------------------------------------------------------
18 Wang Lang Base Station Fu Xing Cinema, Handan City Brick/ 1 20
Concrete
-------------------------------------------------------------------------------------------------------------------------------
19 Chu Nong Ban Base Guang Ming Nan Street, Brick/ 1 40
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Company Handan
Branch
-------------------------------------------------------------------------------------------------------------------
Leasing
Rent/year Rent/Square meter Contract
No. Name of Building Detailed Address Rent RMB ----------------- (X)
(RMB/year)
-------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
3 Ma Tou Branch Station Ma Tou Zhong Street, Handan 600 600.00 24.00
City
-------------------------------------------------------------------------------------------------------------------
4 Zhong Mei Department Tie Xi part of Lian Fang 6000 6000.00 333.33
69 Base Station Road, Handan City
-------------------------------------------------------------------------------------------------------------------
5 City No.1 Metal Base Middle part of Zhu He Road, 7200 7200.00 180.00
Station Handan City
-------------------------------------------------------------------------------------------------------------------
6 Handan University Base East part of Zhu He Road, 2400 2400.00 119.11
Station Handan City
-------------------------------------------------------------------------------------------------------------------
7 No.1 Automobile Plant West part of Zhu He Road, 10200 10200.00 408.00
Base Station Handan City
-------------------------------------------------------------------------------------------------------------------
Base Station of No.2 Bai Jia Cun Living Area,
8 Recreation Center of Handan Iron and Steel Plant, 12000 12000.00 800.00
Handan Iron and Steel Plant Handan City
-------------------------------------------------------------------------------------------------------------------
9 RMB Lin Hotel Base Fu Yang Qiao, Ling RMB 3600 3600.00 242.42
Station Road, Handan City
-------------------------------------------------------------------------------------------------------------------
10 Base Station of the Guest Middle part of Ling RMB 400 400.00 20.00
House of Grain Bureau Road, Handan City
-------------------------------------------------------------------------------------------------------------------
11 Hydrological Team Base Fu Xi Qiao, Handan City 25000 25000.00 357.14
Station
-------------------------------------------------------------------------------------------------------------------
12 Hu Cun Base Station Inside Hu Cun, Huang Liang 3600 3600.00 240.00
Meng, Handan City
-------------------------------------------------------------------------------------------------------------------
13 Textile Research center Fu Gang Road, Handan City 5000 5000.00 294.12
Base Station
-------------------------------------------------------------------------------------------------------------------
14 Qi Yun Company Base Yu Xin Bei Street, Handan 4200 4200.00 300.00
Station City
-------------------------------------------------------------------------------------------------------------------
15 Handan Iron and Steel Inside the Steel Plant, Handan 2400 2400.00 200.00
Plant Base Station City
-------------------------------------------------------------------------------------------------------------------
16 No.2 Color Textile Base Middle part of Ling RMB 7200 7200.00 360.00
Station Road, Handan City
-------------------------------------------------------------------------------------------------------------------
17 Agricultural Bureau Base Cross of Ren Min Road and 9600 9600.00 480.00
Station Ling Xi Street, Handan City
-------------------------------------------------------------------------------------------------------------------
18 Wang Lang Base Station Fu Xing Cinema, Handan City 6000 6000.00 300.00
-------------------------------------------------------------------------------------------------------------------
19 Chu Nong Ban Base Guang Ming Nan Street, 30000 30000.00 750.00
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Company Handan
Branch Unit: RMB
--------------------------------------------------------------------------------------------------------
Lessor's Ownership
Documentation
No. Name of Building Detailed Address -------------------------- Remarks
Building
Title Land Use Others
--------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
3 Ma Tou Branch Station Ma Tou Zhong Street, Handan
City
--------------------------------------------------------------------------------------------------------
4 Zhong Mei Department Tie Xi part of Lian Fang
69 Base Station Road, Handan City
--------------------------------------------------------------------------------------------------------
5 City No.1 Metal Base Middle part of Zhu He Road,
Station Handan City
--------------------------------------------------------------------------------------------------------
6 Handan University Base East part of Zhu He Road,
Station Handan City
--------------------------------------------------------------------------------------------------------
7 No.1 Automobile Plant West part of Zhu He Road,
Base Station Handan City
--------------------------------------------------------------------------------------------------------
Base Station of No.2 Bai Jia Cun Living Area,
8 Recreation Center of Handan Iron and Steel Plant,
Handan Iron and Steel Plant Handan City
--------------------------------------------------------------------------------------------------------
9 RMB Lin Hotel Base Fu Yang Qiao, Ling RMB
Station Road, Handan City
--------------------------------------------------------------------------------------------------------
10 Base Station of the Guest Middle part of Ling RMB
House of Grain Bureau Road, Handan City
--------------------------------------------------------------------------------------------------------
11 Hydrological Team Base Fu Xi Qiao, Handan City
Station
--------------------------------------------------------------------------------------------------------
12 Hu Cun Base Station Inside Hu Cun, Huang Liang
Meng, Handan City
--------------------------------------------------------------------------------------------------------
13 Textile Research center Fu Gang Road, Handan City
Base Station
--------------------------------------------------------------------------------------------------------
14 Qi Yun Company Base Yu Xin Bei Street, Handan
Station City
--------------------------------------------------------------------------------------------------------
15 Handan Iron and Steel Inside the Steel Plant, Handan
Plant Base Station City
--------------------------------------------------------------------------------------------------------
16 No.2 Color Textile Base Middle part of Ling RMB
Station Road, Handan City
--------------------------------------------------------------------------------------------------------
17 Agricultural Bureau Base Cross of Ren Min Road and
Station Ling Xi Street, Handan City
--------------------------------------------------------------------------------------------------------
18 Wang Lang Base Station Fu Xing Cinema, Handan City
--------------------------------------------------------------------------------------------------------
19 Chu Nong Ban Base Guang Ming Nan Street,
</TABLE>
<PAGE> 68
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
Station Handan City Concrete
--------------------------------------------------------------------------------------------------------------------------------
20 Tie San Ju Base Station Zhan Bei Road, Handan City Brick/ 4 17
Concrete
--------------------------------------------------------------------------------------------------------------------------------
21 Dian Da Base Station Zhong Hua Road, Handan Brick/ 5 19
City Concrete
--------------------------------------------------------------------------------------------------------------------------------
22 Town Base Station Xi Jun Shi Bao, Handan City Brick/ 1 20
Concrete
--------------------------------------------------------------------------------------------------------------------------------
23 City People's Congress East part of Ren Min Road, Brick/ 6 20
Handan City Concrete
--------------------------------------------------------------------------------------------------------------------------------
24 Er Fang Ji Lian Fang Road, Handan City Brick/ 1 24
Concrete
--------------------------------------------------------------------------------------------------------------------------------
25 119 Team Base Station Fu Dong Road, Handan City Brick/ 1 18
Concrete
--------------------------------------------------------------------------------------------------------------------------------
26 Ren Bao Base Station Fu Xi Road, Handan City Brick/ 1 20
Concrete
--------------------------------------------------------------------------------------------------------------------------------
27 Qianguozhuang Base Morth of Han Wu Road, Brick/ 1 20
Station Handan City Concrete
--------------------------------------------------------------------------------------------------------------------------------
28 City Government Base Middle part of Zhong Hua Brick/ 1 18
Station Road, Handan City Concrete
--------------------------------------------------------------------------------------------------------------------------------
29 Kuang RMB Base Station Xue RMB Road, Handan City Brick/ 1 18
Concrete
--------------------------------------------------------------------------------------------------------------------------------
30 Zhong Ji Chang Base Han Da Road, Handan City Brick/ 1 30
Station Concrete
--------------------------------------------------------------------------------------------------------------------------------
31 State Tax Bureau Base Cong Tai Road, Handan City Brick/ 15 30
Station Concrete
--------------------------------------------------------------------------------------------------------------------------------
32 Microwave Station Base He Ping Dong Road, Handan Brick/ 1 37.45
Station City Concrete
--------------------------------------------------------------------------------------------------------------------------------
33 Sheng Li Street Base Sheng Li Street, Handan City Brick/ 4 12
Station Concrete
--------------------------------------------------------------------------------------------------------------------------------
34 No.1 Geological Prospecting 107 National Highway, Brick/ 1
Team Base Station Handan City Concrete
--------------------------------------------------------------------------------------------------------------------------------
35 Fang Chan Hotel Base Ling Xi Street, Handan City Brick/ 7 12
Station Concrete
--------------------------------------------------------------------------------------------------------------------------------
36 Feng Hua Steel Rolling Inside Xi Da Tun Village, Brick/ 1 10
Mill Base Station Handan City Concrete
--------------------------------------------------------------------------------------------------------------------------------
37 Gan Town Supply and East of Nong Lin Road, Brick/ 5 20
Marketing Cooperative Handan City Concrete
--------------------------------------------------------------------------------------------------------------------------------
38 Labour Bureau Base Middle part of Cong Tai Brick/ 6 15
Station Road, Handan City Concrete
--------------------------------------------------------------------------------------------------------------------------------
39 Daizhao Base Station 309 National Highway, Brick/ 1 15
Handan City Concrete
--------------------------------------------------------------------------------------------------------------------------------
40 Post Office Building Base North of the Train Station, Yu Brick/ 1 16
Station Xin Street, Handan City Concrete
--------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C>
Station Handan City
-------------------------------------------------------------------------------------------------------------------
20 Tie San Ju Base Station Zhan Bei Road, Handan City 6000 6000.00 352.94
-------------------------------------------------------------------------------------------------------------------
21 Dian Da Base Station Zhong Hua Road, Handan 6960 6960.00 366.32
City
-------------------------------------------------------------------------------------------------------------------
22 Town Base Station Xi Jun Shi Bao, Handan City 7200 7200.00 360.00
-------------------------------------------------------------------------------------------------------------------
23 City People's Congress East part of Ren Min Road, 7200 7200.00 360.00
Handan City
-------------------------------------------------------------------------------------------------------------------
24 Er Fang Ji Lian Fang Road, Handan City 5000 5000.00 208.33
-------------------------------------------------------------------------------------------------------------------
25 119 Team Base Station Fu Dong Road, Handan City 6000 6000.00 333.33
-------------------------------------------------------------------------------------------------------------------
26 Ren Bao Base Station Fu Xi Road, Handan City 7200 7200.00 360.00
-------------------------------------------------------------------------------------------------------------------
27 Qianguozhuang Base Morth of Han Wu Road, 8000 8000.00 400.00
Station Handan City
-------------------------------------------------------------------------------------------------------------------
28 City Government Base Middle part of Zhong Hua 2400 2400.00 133.33
Station Road, Handan City
-------------------------------------------------------------------------------------------------------------------
29 Kuang RMB Base Station Xue RMB Road, Handan City 750 750.00 41.67
-------------------------------------------------------------------------------------------------------------------
30 Zhong Ji Chang Base Han Da Road, Handan City 6000 6000.00 200.00
Station
-------------------------------------------------------------------------------------------------------------------
31 State Tax Bureau Base Cong Tai Road, Handan City 9600 9600.00 320.00
Station
-------------------------------------------------------------------------------------------------------------------
32 Microwave Station Base He Ping Dong Road, Handan 8988 8988.00 240.00
Station City
-------------------------------------------------------------------------------------------------------------------
33 Sheng Li Street Base Sheng Li Street, Handan City 9000 9000.00 750.00
Station
-------------------------------------------------------------------------------------------------------------------
34 No.1 Geological Prospecting 107 National Highway, 1000 1000.00
Team Base Station Handan City
-------------------------------------------------------------------------------------------------------------------
35 Fang Chan Hotel Base Ling Xi Street, Handan City 6000 6000.00 500.00
Station
-------------------------------------------------------------------------------------------------------------------
36 Feng Hua Steel Rolling Inside Xi Da Tun Village, 7200 7200.00 720.00
Mill Base Station Handan City
-------------------------------------------------------------------------------------------------------------------
37 Gan Town Supply and East of Nong Lin Road, 12000 12000.00 600.00
Marketing Cooperative Handan City
-------------------------------------------------------------------------------------------------------------------
38 Labour Bureau Base Middle part of Cong Tai 9600 9600.00 640.00
Station Road, Handan City
-------------------------------------------------------------------------------------------------------------------
39 Daizhao Base Station 309 National Highway, 4500 4500.00 300.00
Handan City
-------------------------------------------------------------------------------------------------------------------
40 Post Office Building Base North of the Train Station, Yu 1152 1152.00 72.00
Station Xin Street, Handan City
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C>
Station Handan City
-------------------------------------------------------------------------------------------------------------
20 Tie San Ju Base Station Zhan Bei Road, Handan City
-------------------------------------------------------------------------------------------------------------
21 Dian Da Base Station Zhong Hua Road, Handan
City
-------------------------------------------------------------------------------------------------------------
22 Town Base Station Xi Jun Shi Bao, Handan City
-------------------------------------------------------------------------------------------------------------
23 City People's Congress East part of Ren Min Road,
Handan City
-------------------------------------------------------------------------------------------------------------
24 Er Fang Ji Lian Fang Road, Handan City
-------------------------------------------------------------------------------------------------------------
25 119 Team Base Station Fu Dong Road, Handan City
-------------------------------------------------------------------------------------------------------------
26 Ren Bao Base Station Fu Xi Road, Handan City
-------------------------------------------------------------------------------------------------------------
27 Qianguozhuang Base Morth of Han Wu Road,
Station Handan City
-------------------------------------------------------------------------------------------------------------
28 City Government Base Middle part of Zhong Hua
Station Road, Handan City
-------------------------------------------------------------------------------------------------------------
29 Kuang RMB Base Station Xue RMB Road, Handan City
-------------------------------------------------------------------------------------------------------------
30 Zhong Ji Chang Base Han Da Road, Handan City
Station
-------------------------------------------------------------------------------------------------------------
31 State Tax Bureau Base Cong Tai Road, Handan City
Station
-------------------------------------------------------------------------------------------------------------
32 Microwave Station Base He Ping Dong Road, Handan
Station City
-------------------------------------------------------------------------------------------------------------
33 Sheng Li Street Base Sheng Li Street, Handan City
Station
-------------------------------------------------------------------------------------------------------------
34 No.1 Geological Prospecting 107 National Highway,
Team Base Station Handan City
-------------------------------------------------------------------------------------------------------------
35 Fang Chan Hotel Base Ling Xi Street, Handan City
Station
-------------------------------------------------------------------------------------------------------------
36 Feng Hua Steel Rolling Inside Xi Da Tun Village,
Mill Base Station Handan City
-------------------------------------------------------------------------------------------------------------
37 Gan Town Supply and East of Nong Lin Road,
Marketing Cooperative Handan City
-------------------------------------------------------------------------------------------------------------
38 Labour Bureau Base Middle part of Cong Tai
Station Road, Handan City
-------------------------------------------------------------------------------------------------------------
39 Daizhao Base Station 309 National Highway,
Handan City
-------------------------------------------------------------------------------------------------------------
40 Post Office Building Base North of the Train Station, Yu
Station Xin Street, Handan City
-------------------------------------------------------------------------------------------------------------
</TABLE>
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 69
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
-------------------------------------------------------------------------------------------------------------------------------
Name of the Property Owner: Hebei Mobile Communication Company Handan
Branch Appraisal Base date: June 30th, 2000
-------------------------------------------------------------------------------------------------------------------------------
Leased Time of Lease Term
Floorage Completion of _Year
Number (Square the Building _Month_Year_
No. Name of Building Detailed Address Structure of Story meters) (mm/yy) Month
-------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
41 Lin Cun Branch Base East of 57 Iron Plant, Hegou Brick/ 1 8
Station Village, Handan Town Concrete
-------------------------------------------------------------------------------------------------------------------------------
42 Shang Bi Branch Base South of Han-Lin Road, Brick/ 1 10
Station Handan Town Concrete
-------------------------------------------------------------------------------------------------------------------------------
43 Lin Cun Post Office Hesha Village, Handan Town Brick/ 1 60
Branch Base Station Concrete
-------------------------------------------------------------------------------------------------------------------------------
44 Shang Bi Post Office Jian She Street, Handan City Brick/ 1 15
Base Station Concrete
-------------------------------------------------------------------------------------------------------------------------------
45 Hesha Town Post Office Huangliangmeng Branch, Brick/ 1 15
Branch Base Station Handan City Concrete
-------------------------------------------------------------------------------------------------------------------------------
46 Fu Dong Post Office Base East of Xue Chi Road, Brick/ 1 12
Station Handan City Concrete
-------------------------------------------------------------------------------------------------------------------------------
47 Zhong Hua Road Post 52 Zhong Hua Bei Street Brick/ 1 20
Office Base Station Concrete
-------------------------------------------------------------------------------------------------------------------------------
49 RMB Da Base Station Ren Min Road, Handan City Brick/ 1 9
Concrete
-------------------------------------------------------------------------------------------------------------------------------
50 Guang Ming Road Post 42 Guang Ming Bei Street Frame 7 538.63
Office Base Station
-------------------------------------------------------------------------------------------------------------------------------
51 Town kangzhuang Village Kangzhuang Village Brick/ 1 15
Base Station Government, Handan Town Concrete
-------------------------------------------------------------------------------------------------------------------------------
52 Mini Station, Waiting Handan Train Station Frame 1
Room, Train Station
-------------------------------------------------------------------------------------------------------------------------------
53 Zhi Fang Station, Tie Lu Middle part of Han-Ma 107 Frame 1
Apartment National Highway
-------------------------------------------------------------------------------------------------------------------------------
56 Zhanghedian Base Station Zhanghedian Town, Brick/ 1 2
Cheng'an Concrete
-------------------------------------------------------------------------------------------------------------------------------
57 Cheng'an Base Station Lijiatong Town Government, Brick/ 1 71.5
Cheng'an Concrete
-------------------------------------------------------------------------------------------------------------------------------
63 Yongnian Post Office Base Mingguan town, Yongnian Brick/ 1 16.17
Station Concrete
-------------------------------------------------------------------------------------------------------------------------------
64 Dabeiwang Base Station Dabeiwang Town, Yongnian Brick/ 1 13.5
Concrete
-------------------------------------------------------------------------------------------------------------------------------
65 Nanyancun Base Station Nanyanxun Town, Yongnian Brick/ 1 6.3
Concrete
-------------------------------------------------------------------------------------------------------------------------------
66 Yongnian Zhengxi Base Station Zhengxi Village, Yongnian Brick/ 1 6
Concrete
-------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
-------------------------------------------------------------------------------------------------------------------
Name of the Property Owner: Hebei Mobile Communication Company Handan
Branch
-------------------------------------------------------------------------------------------------------------------
Leasing
Rent/year Rent/Square meter Contract
No. Name of Building Detailed Address Rent RMB ----------------- (X)
(RMB/year)
-------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
41 Lin Cun Branch Base East of 57 Iron Plant, Hegou 192 192.00 24.00
Station Village, Handan Town
-------------------------------------------------------------------------------------------------------------------
42 Shang Bi Branch Base South of Han-Lin Road, 240 240.00 24.00
Station Handan Town
-------------------------------------------------------------------------------------------------------------------
43 Lin Cun Post Office Hesha Village, Handan Town 1440 1440.00 24.00
Branch Base Station
-------------------------------------------------------------------------------------------------------------------
44 Shang Bi Post Office Jian She Street, Handan City 1080 1080.00 72.00
Base Station
-------------------------------------------------------------------------------------------------------------------
45 Hesha Town Post Office Huangliangmeng Branch, 360 360.00 24.00
Branch Base Station Handan City
-------------------------------------------------------------------------------------------------------------------
46 Fu Dong Post Office Base East of Xue Chi Road, 864 864.00 72.00
Station Handan City
-------------------------------------------------------------------------------------------------------------------
47 Zhong Hua Road Post 52 Zhong Hua Bei Street 1440 1440.00 72.00
Office Base Station
-------------------------------------------------------------------------------------------------------------------
49 RMB Da Base Station Ren Min Road, Handan City 1200 1200.00 133.33
-------------------------------------------------------------------------------------------------------------------
50 Guang Ming Road Post 42 Guang Ming Bei Street 45244 45244.00 84.00
Office Base Station
-------------------------------------------------------------------------------------------------------------------
51 Town kangzhuang Village Kangzhuang Village 1200 1200.00 80.00
Base Station Government, Handan Town
-------------------------------------------------------------------------------------------------------------------
52 Mini Station, Waiting Handan Train Station 1500 1500.00
Room, Train Station
-------------------------------------------------------------------------------------------------------------------
53 Zhi Fang Station, Tie Lu Middle part of Han-Ma 107 1200 1200.00
Apartment National Highway
-------------------------------------------------------------------------------------------------------------------
56 Zhanghedian Base Station Zhanghedian Town, 48 48 24.00
Cheng'an
-------------------------------------------------------------------------------------------------------------------
57 Cheng'an Base Station Lijiatong Town Government, 3600 3600.00 50.35
Cheng'an
-------------------------------------------------------------------------------------------------------------------
63 Yongnian Post Office Base Mingguan town, Yongnian 776.16 776.16 48.00
Station
-------------------------------------------------------------------------------------------------------------------
64 Dabeiwang Base Station Dabeiwang Town, Yongnian 324 324.00 24.00
-------------------------------------------------------------------------------------------------------------------
65 Nanyancun Base Station Nanyanxun Town, Yongnian 151.2 151.20 24.00
-------------------------------------------------------------------------------------------------------------------
66 Yongnian Zhengxi Base Station Zhengxi Village, Yongnian 1200 1200.00 200.00
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
-------------------------------------------------------------------------------------------------------
Name of the Property Owner: Hebei Mobile Communication Company Handan
Branch Unit: RMB
-------------------------------------------------------------------------------------------------------
Lessor's Ownership
Documentation
No. Name of Building Detailed Address -------------------------- Remarks
Building
Title Land Use Others
-------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
41 Lin Cun Branch Base East of 57 Iron Plant, Hegou
Station Village, Handan Town
-------------------------------------------------------------------------------------------------------
42 Shang Bi Branch Base South of Han-Lin Road,
Station Handan Town
-------------------------------------------------------------------------------------------------------
43 Lin Cun Branch Base Hesha Village, Handan Town
Station
-------------------------------------------------------------------------------------------------------
44 Shang Bi Base Station Jian She Street, Handan City
-------------------------------------------------------------------------------------------------------
45 Hesha Town Post Office Huangliangmeng Branch,
Branch Base Station Handan City
-------------------------------------------------------------------------------------------------------
46 Fu Dong Post Office Base East of Xue Chi Road,
Station Handan City
-------------------------------------------------------------------------------------------------------
47 Zhong Hua Road Post 52 Zhong Hua Bei Street
Office Base Station
-------------------------------------------------------------------------------------------------------
49 RMB Da Base Station Ren Min Road, Handan City
-------------------------------------------------------------------------------------------------------
50 Guang Ming Road Post 42 Guang Ming Bei Street
Office Base Station
-------------------------------------------------------------------------------------------------------
51 Town kangzhuang Village Kangzhuang Village
Base Station Government, Handan Town
-------------------------------------------------------------------------------------------------------
52 Mini Station, Waiting Handan Train Station
Room, Train Station
-------------------------------------------------------------------------------------------------------
53 Zhi Fang Station, Tie Lu Middle part of Han-Ma 107
Apartment National Highway
-------------------------------------------------------------------------------------------------------
56 Zhanghedian Base Station Zhanghedian Town,
Cheng'an
-------------------------------------------------------------------------------------------------------
57 Cheng'an Base Station Lijiatong Town Government,
Cheng'an
-------------------------------------------------------------------------------------------------------
63 Yongnian Post Office Base Mingguan town, Yongnian
Station
-------------------------------------------------------------------------------------------------------
64 Dabeiwang Base Station Dabeiwang Town, Yongnian
-------------------------------------------------------------------------------------------------------
65 Nanyancun Base Station Nanyanxun Town, Yongnian
-------------------------------------------------------------------------------------------------------
66 Yongnian Zhengxi Base Station Zhengxi Village, Yongnian
-------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 70
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
---------------------------------------------------------------------------------------------------------------------------------
67 Yongnian Dongyangzhuang Dongyangzhuang Village, Brick/ 1 17.6
Base Station Yongnian Concrete
---------------------------------------------------------------------------------------------------------------------------------
68 Yongnian Ruzuo Base Ruzuo, Yongnian Brick/ 1 15
Station Concrete
---------------------------------------------------------------------------------------------------------------------------------
69 Qiu Town Base Station North of Xincheng Street, Brick/ 1 10
Qiu Town Concrete
---------------------------------------------------------------------------------------------------------------------------------
70 Qiucheng Base Station East of Qiu Guang Road, Qiu Brick/ 1 18
Town Concrete
---------------------------------------------------------------------------------------------------------------------------------
71 Guchengying Base Station West of Qiu Wei Road, Qiu Brick/ 1 15
Town Concrete
---------------------------------------------------------------------------------------------------------------------------------
72 Liangerzhuang Base Station South of Han-Lin Road, Qiu Brick/ 1 10
Town Concrete
---------------------------------------------------------------------------------------------------------------------------------
73 Zhangzhanglu Base Station West of Qiu Wei Road, Qiu Brick/ 1
Town Concrete
---------------------------------------------------------------------------------------------------------------------------------
76 Chengou Base Station Chengou Town, Linzhang Brick/ 1 9
Concrete
---------------------------------------------------------------------------------------------------------------------------------
77 LiuRMB Base Station LiuRMB Town, Linzhang Brick/ 1 15
Concrete
---------------------------------------------------------------------------------------------------------------------------------
78 Nandongfang Base Station Nan Dong Fang, Linzhang Brick/ 1 14
Concrete
---------------------------------------------------------------------------------------------------------------------------------
79 Linzhang Nankaihe Base Huangkaihe Village, Brick/ 1 3
Station Linzhang Concrete
---------------------------------------------------------------------------------------------------------------------------------
80 Qiantun Base Station Qiantun Village, Linzhang Brick/ 1
Concrete
---------------------------------------------------------------------------------------------------------------------------------
81 Suntao Base Station Suntao Village, Linzhang Brick/ 1
Concrete
---------------------------------------------------------------------------------------------------------------------------------
82 Xiwen Base Station Xiwen Town, Linzhang Brick/ 1
Concrete
---------------------------------------------------------------------------------------------------------------------------------
83 Xiaozhai Base Station East side of Xiaozhai Town Brick/ 1 2
Government, Jize Concrete
---------------------------------------------------------------------------------------------------------------------------------
84 Dianshang Zhi Fang Station Dianshangxiang, Jize Brick/ 1
Concrete
---------------------------------------------------------------------------------------------------------------------------------
85 Shuangta Base Station Shuangta Town, Jize Brick/ 1 2
Concrete
---------------------------------------------------------------------------------------------------------------------------------
86 Caozhuang Base Station Caozhuang Town Brick/ 1 20
Government, Jize Concrete
---------------------------------------------------------------------------------------------------------------------------------
87 Kangercheng Base Station Kangcheng Village, Wuan Brick/ 2 10
Concrete
---------------------------------------------------------------------------------------------------------------------------------
88 Wuan Hejin Base Station Hejin Village, Wuan Brick/ 1 15
Concrete
---------------------------------------------------------------------------------------------------------------------------------
89 Wuan Paihuai Base Station Xiazheng Village, Paihuai Brick/ 1 7.875
Town, Wuan Concrete
---------------------------------------------------------------------------------------------------------------------------------
90 Wuan Datong Base Station Datong Village, Wuan Brick/ 1 10.5
Concrete
</TABLE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C>
------------------------------------------------------------------------------------------------------------------
67 Yongnian Dongyangzhuang Dongyangzhuang Village, 1200 1200.00 68.18
Base Station Yongnian
------------------------------------------------------------------------------------------------------------------
68 Yongnian Ruzuo Base Ruzuo, Yongnian 1200 1200.00 80.00
Station
------------------------------------------------------------------------------------------------------------------
69 Qiu Town Base Station North of Xincheng Street, 600 600.00 60.00
Qiu Town
------------------------------------------------------------------------------------------------------------------
70 Qiucheng Base Station East of Qiu Guang Road, Qiu 648 648.00 36.00
Town
------------------------------------------------------------------------------------------------------------------
71 Guchengying Base Station West of Qiu Wei Road, Qiu 540 540.00 36.00
Town
------------------------------------------------------------------------------------------------------------------
72 Liangerzhuang Base Station South of Han-Lin Road, Qiu 240 240.00 24.00
Town
------------------------------------------------------------------------------------------------------------------
73 Zhangzhanglu Base Station West of Qiu Wei Road, Qiu 1200 1200.00
Town
------------------------------------------------------------------------------------------------------------------
76 Chengou Base Station Chengou Town, Linzhang 216 216.00 24.00
------------------------------------------------------------------------------------------------------------------
77 LiuRMB Base Station LiuRMB Town, Linzhang 360 360.00 24.00
------------------------------------------------------------------------------------------------------------------
78 Nandongfang Base Station Nan Dong Fang, Linzhang 348 348.00 24.86
------------------------------------------------------------------------------------------------------------------
79 Linzhang Nankaihe Base Huangkaihe Village, 35000 35000.00
Station Linzhang
------------------------------------------------------------------------------------------------------------------
80 Qiantun Base Station Qiantun Village, Linzhang 1500 1500.00
------------------------------------------------------------------------------------------------------------------
81 Suntao Base Station Suntao Village, Linzhang 1500 1500.00
------------------------------------------------------------------------------------------------------------------
82 Xiwen Base Station Xiwen Town, Linzhang 1500 1500.00
------------------------------------------------------------------------------------------------------------------
83 Xiaozhai Base Station East side of Xiaozhai Town 48 48.00 24.00
Government, Jize
------------------------------------------------------------------------------------------------------------------
84 Dianshang Zhi Fang Station Dianshangxiang, Jize 1200 1200.00
------------------------------------------------------------------------------------------------------------------
85 Shuangta Base Station Shuangta Town, Jize 300 300.00 150.00
------------------------------------------------------------------------------------------------------------------
86 Caozhuang Base Station Caozhuang Town 1200 1200.00 60.00
Government, Jize
------------------------------------------------------------------------------------------------------------------
87 Kangercheng Base Station Kangcheng Village, Wuan 240 240.00 24.00
------------------------------------------------------------------------------------------------------------------
88 Wuan Hejin Base Station Hejin Village, Wuan 360 360.00 24.00
------------------------------------------------------------------------------------------------------------------
89 Wuan Paihuai Base Station Xiazheng Village, Paihuai 189 189.00 24.00
Town, Wuan
------------------------------------------------------------------------------------------------------------------
90 Wuan Datong Base Station Datong Village, Wuan 252 252.00 24.00
</TABLE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C>
-------------------------------------------------------------------------------------------------------
67 Yongnian Dongyangzhuang Dongyangzhuang Village,
Base Station Yongnian
-------------------------------------------------------------------------------------------------------
68 Yongnian Ruzuo Base Ruzuo, Yongnian
Station
-------------------------------------------------------------------------------------------------------
69 Qiu Town Base Station North of Xincheng Street,
Qiu Town
-------------------------------------------------------------------------------------------------------
70 Qiucheng Base Station East of Qiu Guang Road, Qiu
Town
-------------------------------------------------------------------------------------------------------
71 Guchengying Base Station West of Qiu Wei Road, Qiu
Town
-------------------------------------------------------------------------------------------------------
72 Liangerzhuang Base Station South of Han-Lin Road, Qiu
Town
-------------------------------------------------------------------------------------------------------
73 Zhangzhanglu Base Station West of Qiu Wei Road, Qiu
Town
-------------------------------------------------------------------------------------------------------
76 Chengou Base Station Chengou Town, Linzhang
-------------------------------------------------------------------------------------------------------
77 LiuRMB Base Station LiuRMB Town, Linzhang
-------------------------------------------------------------------------------------------------------
78 Nandongfang Base Station Nan Dong Fang, Linzhang
-------------------------------------------------------------------------------------------------------
79 Linzhang Nankaihe Base Huangkaihe Village,
Station Linzhang
-------------------------------------------------------------------------------------------------------
80 Qiantun Base Station Qiantun Village, Linzhang
-------------------------------------------------------------------------------------------------------
81 Suntao Base Station Suntao Village, Linzhang
-------------------------------------------------------------------------------------------------------
82 Xiwen Base Station Xiwen Town, Linzhang
-------------------------------------------------------------------------------------------------------
83 Xiaozhai Base Station East side of Xiaozhai Town
Government, Jize
-------------------------------------------------------------------------------------------------------
84 Dianshang Zhi Fang Station Dianshangxiang, Jize
-------------------------------------------------------------------------------------------------------
85 Shuangta Base Station Shuangta Town, Jize
-------------------------------------------------------------------------------------------------------
86 Caozhuang Base Station Caozhuang Town
Government, Jize
-------------------------------------------------------------------------------------------------------
87 Kangercheng Base Station Kangcheng Village, Wuan
-------------------------------------------------------------------------------------------------------
88 Wuan Hejin Base Station Hejin Village, Wuan
-------------------------------------------------------------------------------------------------------
89 Wuan Paihuai Base Station Xiazheng Village, Paihuai
Town, Wuan
-------------------------------------------------------------------------------------------------------
90 Wuan Datong Base Station Datong Village, Wuan
</TABLE>
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 71
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Handan Branch Appraisal Base date: June 30th, 2000 Unit: RMB
Leased Time of Lease Term
Floorage Completion of _Year
Number (Square the Building _Month_Year_ Rent/year
No. Name of Building Detailed Address Structure of Story meters) (mm/yy) Month Rent RMB
---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
91 Wuan Base Station Cheng Guan Nan Brick/ 1 10 480 480.00
Street, Wuan City Concrete
---------------------------------------------------------------------------------------------------------------------------------
Hezhao Village,
96 Hezhao Base Sizhuang Town, Brick/ 1 15 1500 1500.00
Station Wuan City Concrete
---------------------------------------------------------------------------------------------------------------------------------
97 Beianle Base Beianle Village, Brick/ 1 10 1300 1300.00
Station Wuan City Concrete
---------------------------------------------------------------------------------------------------------------------------------
Yehe Village,
98 Shucun Town Shucun Town, Brick/ 1 4.2 500 500.00
Base Station Wuan City Concrete
---------------------------------------------------------------------------------------------------------------------------------
Shidong Village
99 Wuan Shidong Government, Brick/ 1 4.812 500 500.00
Town Base Station Wuan City Concrete
---------------------------------------------------------------------------------------------------------------------------------
100 Wuan Yangyi Base Yangyi Village, Brick/ 1 8.61 600 600.00
Station Wuan City Concrete
---------------------------------------------------------------------------------------------------------------------------------
101 Wuan Zhaodian Zhaodian Village, Brick/ 1 3.3 300 300.00
Base Station Wuan City Concrete
---------------------------------------------------------------------------------------------------------------------------------
Huaihegou
102 Wuan Kuangshan Village, Wuan Brick/ 1 14.04 1500 1500.00
Base Station City Concrete
---------------------------------------------------------------------------------------------------------------------------------
104 Beinie Base Beinie Village, Brick/ 1 8.67 208.08 208.08
Station Wei Town Concrete
---------------------------------------------------------------------------------------------------------------------------------
105 Chewang Base Chewang Village, Brick/ 1 8.7 208.80 208.80
Station Wei Town Concrete
---------------------------------------------------------------------------------------------------------------------------------
106 Shuangjing Base Shuangjing Brick/ 1 18.98 455.52 455.52
Station Village, Wei Town Concrete
---------------------------------------------------------------------------------------------------------------------------------
Wei Town Mazi
109 Village Base Mayu Village, Wei Brick/ 1 36 2000 2000.00
Station Town Concrete
---------------------------------------------------------------------------------------------------------------------------------
Wei Town Shakouji Village
110 Shakouji Base Government, Wei Brick/ 1 20 1600 1600.00
Station Town Concrete
---------------------------------------------------------------------------------------------------------------------------------
Wei Town
111 Yehuguai Village Yehuguai Village, Brick/ 1 18 1500 1500.00
Base Station Wei Town Concrete
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Handan Branch
Leasing Lessor's Ownership
Rent/Square meter Contract Documentation
No. Name of Building Detailed Address ----------------- (X) -------------------------- Remarks
(RMB/year) Building
Title Land Use Others
------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
91 Wuan Base Station Cheng Guan Nan 48.00
Street, Wuan City
------------------------------------------------------------------------------------------------------------------
Hezhao Village,
96 Hezhao Base Sizhuang Town, 100.00
Station Wuan City
------------------------------------------------------------------------------------------------------------------
97 Beianle Base Beianle Village, 130.00
Station Wuan City
------------------------------------------------------------------------------------------------------------------
Yehe Village,
98 Shucun Town Shucun Town, 119.05
Base Station Wuan City
------------------------------------------------------------------------------------------------------------------
Shidong Village
99 Wuan Shidong Government, 103.91
Town Base Station Wuan City
------------------------------------------------------------------------------------------------------------------
100 Wuan Yangyi Base Yangyi Village, 69.69
Station Wuan City
------------------------------------------------------------------------------------------------------------------
101 Wuan Zhaodian Zhaodian Village, 90.91
Base Station Wuan City
------------------------------------------------------------------------------------------------------------------
Huaihegou
102 Wuan Kuangshan Village, Wuan 106.84
Base Station City
------------------------------------------------------------------------------------------------------------------
104 Beinie Base Beinie Village, 24.00
Station Wei Town
------------------------------------------------------------------------------------------------------------------
105 Chewang Base Chewang Village, 24.00
Station Wei Town
------------------------------------------------------------------------------------------------------------------
106 Shuangjing Base Shuangjing 24.00
Station Village, Wei Town
------------------------------------------------------------------------------------------------------------------
Wei Town Mazi
109 Village Base Mayu Village, Wei 55.56
Station Town
------------------------------------------------------------------------------------------------------------------
Wei Town Shakouji Village
110 Shakouji Base Government, Wei 80.00
Station Town
------------------------------------------------------------------------------------------------------------------
Wei Town
111 Yehuguai Village Yehuguai Village, 83.33
Base Station Wei Town
</TABLE>
<PAGE> 72
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Wei Town Bokou
112 Village Base Bo Kou Middle Brick/ 1 38 2000 2000.00
Station School, Wei Town Concrete
---------------------------------------------------------------------------------------------------------------------------------
Wei Town Bianma Bianma Village
113 Village Base Government, Wei Brick/ 1 20 1600 1600.00
Station Town Concrete
---------------------------------------------------------------------------------------------------------------------------------
114 Henanding Base Qu Wei Road, Brick/ 1 5.4 129.6 129.60
Station Quzhou Concrete
---------------------------------------------------------------------------------------------------------------------------------
117 Quzhou Houcun Houcun Town, Brick/ 1 16.5 800 800.00
Base Station Quzhou Concrete
---------------------------------------------------------------------------------------------------------------------------------
118 Quzhou Tianding Tianding Village, Brick/ 1 12.21 1200 1200.00
She Town Concrete
---------------------------------------------------------------------------------------------------------------------------------
119 Jingdian Base Jingdian, She Brick/ 1 3 72 72.00
Station Town Concrete
---------------------------------------------------------------------------------------------------------------------------------
120 Guxin Base Guxin, She Town Brick/ 1 3 72 72.00
Station Concrete
---------------------------------------------------------------------------------------------------------------------------------
121 Xida Base Station Xida, She Town Brick/ 1 3 72 72.00
Concrete
---------------------------------------------------------------------------------------------------------------------------------
124 She Town Tianjin Tianjin Iron Plant, Brick/ 1 10 1000 1000.00
Iron Plant She Town Concrete
---------------------------------------------------------------------------------------------------------------------------------
She Town
127 Agricultural Bank She Town Brick/ 1 10 1000 1000.00
Base Station Agricultural Bank Concrete
---------------------------------------------------------------------------------------------------------------------------------
128 Weidong Base East of Guantao Brick/ 1 14.55 349.2 349.20
Station Government Concrete
---------------------------------------------------------------------------------------------------------------------------------
South of Grain
129 Fangzhai Base Storehouse, Brick/ 1 5.98 143.52 143.52
Station Guantao Concrete
---------------------------------------------------------------------------------------------------------------------------------
West part of Tao
130 Sales Office Base Shan Street, Brick/ 1 20 1200 1200.00
Station Guantao Concrete
---------------------------------------------------------------------------------------------------------------------------------
132 Mine Post Office 20 Fu Lin Street, Brick/ 1 16 384 384.00
Base Station Fengfeng Concrete
Level 2 Taian
---------------------------------------------------------------------------------------------------------------------------------
Taian Post Office Telecommunication Brick/
133 Base Station Bureau, Concrete 1 22 528 528.00
Fengfeng
---------------------------------------------------------------------------------------------------------------------------------
Yanting Post
134 Office Base Yanting Village, Brick/ 1 32 768 768.00
Station Fengfeng Concrete
---------------------------------------------------------------------------------------------------------------------------------
135 Hecun Post Office Hecun Town, Brick/ 1 9 216 216.00
Base Station Fengfeng Concrete
---------------------------------------------------------------------------------------------------------------------------------
Pengcheng
138 Telecommunication Peng Chang Cross, Brick/ 4 35 1260 1260.00
Fengfeng Concrete
</TABLE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Base Station Wei Town
---------------------------------------------------------------------------------------------------------------------------------
Wei Town Bokou
112 Village Base Bo Kou Middle 52.63
Station School, Wei Town
---------------------------------------------------------------------------------------------------------------------------------
Wei Town Bianma Bianma Village
113 Village Base Government, Wei 80.00
Station Town
---------------------------------------------------------------------------------------------------------------------------------
114 Henanding Base Qu Wei Road, 24.00
Station Quzhou
---------------------------------------------------------------------------------------------------------------------------------
117 Quzhou Houcun Houcun Town, 48.48
Base Station Quzhou
---------------------------------------------------------------------------------------------------------------------------------
118 Quzhou Tianding Tianding Village, 98.28
She Town
---------------------------------------------------------------------------------------------------------------------------------
119 Jingdian Base Jingdian, She 24.00
Station Town
---------------------------------------------------------------------------------------------------------------------------------
120 Guxin Base Guxin, She Town 24.00
Station
---------------------------------------------------------------------------------------------------------------------------------
121 Xida Base Station Xida, She Town 24.00
---------------------------------------------------------------------------------------------------------------------------------
124 She Town Tianjin Tianjin Iron Plant, 100.00
Iron Plant She Town
---------------------------------------------------------------------------------------------------------------------------------
She Town
127 Agricultural Bank She Town 100.00
Base Station Agricultural Bank
---------------------------------------------------------------------------------------------------------------------------------
128 Weidong Base East of Guantao 24.00
Station Government
---------------------------------------------------------------------------------------------------------------------------------
South of Grain
129 Fangzhai Base Storehouse, 24.00
Station Guantao
---------------------------------------------------------------------------------------------------------------------------------
West part of Tao
130 Sales Office Base Shan Street, 60.00
Station Guantao
---------------------------------------------------------------------------------------------------------------------------------
132 Mine Post Office 20 Fu Lin Street, 24.00
Base Station Fengfeng
---------------------------------------------------------------------------------------------------------------------------------
Level 2 Taian
Taian Post Office Telecommunication
133 Base Station Bureau, 24.00
Fengfeng
---------------------------------------------------------------------------------------------------------------------------------
Yanting Post
134 Office Base Yanting Village, 24.00
Station Fengfeng
---------------------------------------------------------------------------------------------------------------------------------
135 Hecun Post Office Hecun Town, 24.00
Base Station Fengfeng
---------------------------------------------------------------------------------------------------------------------------------
Pengcheng
138 Telecommunication Peng Chang Cross, 36.00
Fengfeng
</TABLE>
<PAGE> 73
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Bureau Base Station
---------------------------------------------------------------------------------------------------------------------------------
Dayu Toan
139 Government Base Beidayu Village, Brick/ 1 12 1200 1200.00
Station Feng Feng Concrete
---------------------------------------------------------------------------------------------------------------------------------
143 Pinggudian Base Pinggudian, Brick/ 2 22.78 546.72 546.72
Station Guangping Concrete
---------------------------------------------------------------------------------------------------------------------------------
144 Yangsonggu Base Yangsonggu Brick/ 1 15 1500 1500.00
Station Clinic, Guangping Concrete
---------------------------------------------------------------------------------------------------------------------------------
147 Wandi Base Wandi Town, Brick/ 1 10 240 240.00
Station Daming Concrete
---------------------------------------------------------------------------------------------------------------------------------
East of 106
Jintan Town Base National Highway, Brick/
148 Station Jintan Town, Concrete 1 10 240 240.00
Daming
---------------------------------------------------------------------------------------------------------------------------------
Yangqiao Village,
149 Yangqiao Base Yangqiao Town, Brick/ 1 10 240 240.00
Station Daming Concrete
---------------------------------------------------------------------------------------------------------------------------------
150 Shuguan Base Shuguan Bei Brick/ 1 10 240 240.00
Station Guan, Daming Concrete
---------------------------------------------------------------------------------------------------------------------------------
151 Longwangmiao Longwangmiao Brick/ 1 10 240 240.00
Base Station Town, Daming Concrete
</TABLE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Bureau Base Station
---------------------------------------------------------------------------------------------------------------------------------
Dayu Toan
139 Government Base Beidayu Village, 100.00
Station Feng Feng
---------------------------------------------------------------------------------------------------------------------------------
143 Pinggudian Base Pinggudian, 24.00
Station Guangping
---------------------------------------------------------------------------------------------------------------------------------
144 Yangsonggu Base Yangsonggu 100.00
Station Clinic, Guangping
---------------------------------------------------------------------------------------------------------------------------------
147 Wandi Base Wandi Town, 24.00
Station Daming
---------------------------------------------------------------------------------------------------------------------------------
East of 106
Jintan Town Base National Highway,
148 Station Jintan Town, 24.00
Daming
---------------------------------------------------------------------------------------------------------------------------------
Yangqiao Village,
149 Yangqiao Base Yangqiao Town, 24.00
Station Daming
---------------------------------------------------------------------------------------------------------------------------------
150 Shuguan Base Shuguan Bei 24.00
Station Guan, Daming
---------------------------------------------------------------------------------------------------------------------------------
151 Longwangmiao Longwangmiao 24.00
Base Station Town, Daming
</TABLE>
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 74
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Handan Branch Appraisal Base date: June 30th, 2000
----------------------------------------------------------------------------------------------------------------------------------
Leased Time of Lease Term
Floorage Completion of _Year
Number (Square the Building _Month_Year_ Rent/year
No. Name of Building Detailed Address Structure of Story meters) (mm/yy) Month Rent RMB
----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
154 Luyin Base Xiluzhuang Village, Brick/ 1 18 2127.6 2127.60
Station Feixiang Concrete
----------------------------------------------------------------------------------------------------------------------------------
155 Tiantaishan Base Tiantaishan Post Brick/ 1 7.84 1881.16 1881.16
Station Office, Feixiang Concrete
----------------------------------------------------------------------------------------------------------------------------------
Ci Town
164 Yuecheng Base Yuecheng, Ci Town Brick/ 1 9.81 235.44 235.44
Station Concrete
----------------------------------------------------------------------------------------------------------------------------------
165 Guantai Base Guan Tai Er Street, Brick/ 1 9.12 218.88 218.88
Station Ci Town Concrete
----------------------------------------------------------------------------------------------------------------------------------
166 Baitu Base Baitu Village, Ci Brick/ 1 8.25 198 198.00
Station Town Concrete
----------------------------------------------------------------------------------------------------------------------------------
Ci Town Guanlu
167 Village Grain Qugou Village, Ci Brick/ 1 1.18 150 150.00
Store Base Station Town Concrete
----------------------------------------------------------------------------------------------------------------------------------
Ci Town
Huaguanying Huaguanying, Ci Brick/
168 Grain Store Base Town Concrete 1 21 1200 1200.00
Station
----------------------------------------------------------------------------------------------------------------------------------
173 Architectual Handan City Brick/ 15 3000 3000.00
Institution Concrete
----------------------------------------------------------------------------------------------------------------------------------
174 Xijunshibao Brick/ 48 9600 9600.00
Concrete
----------------------------------------------------------------------------------------------------------------------------------
175 Wuan Xihuan Wuan Xi Huan Brick/ 10 240 240.00
Base Station Concrete
----------------------------------------------------------------------------------------------------------------------------------
Fengfeng
Niuerzhuang Post Niuerzhuang, Brick/
176 Office Base Fengfeng Concrete 16 384 384.00
Station
----------------------------------------------------------------------------------------------------------------------------------
Guantao Sales
177 Office Base Brick/ 20 1200 1200.00
Station Concrete
----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Handan Branch Unit: RMB
----------------------------------------------------------------------------------------------------------
Rent/Square Leasing Lessor's Ownership
meter Contract Documentation
No. Name of Building Detailed Address ---------- (X) -------------------------- Remarks
(RMB/year) Building
Title Land Use Others
----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
154 Luyin Base Xiluzhuang Village, 118.20
Station Feixiang
----------------------------------------------------------------------------------------------------------
155 Tiantaishan Base Tiantaishan Post 239.94
Station Office, Feixiang
----------------------------------------------------------------------------------------------------------
Ci Town
164 Yuecheng Base Yuecheng, Ci Town 24.00
Station
----------------------------------------------------------------------------------------------------------
165 Guantai Base Guan Tai Er Street, 24.00
Station Ci Town
----------------------------------------------------------------------------------------------------------
166 Baitu Base Baitu Village, Ci 24.00
Station Town
----------------------------------------------------------------------------------------------------------
Ci Town Guanlu
167 Village Grain Qugou Village, Ci 127.12
Store Base Station Town
----------------------------------------------------------------------------------------------------------
Ci Town
Huaguanying Huaguanying, Ci
168 Grain Store Base Town 57.14
Station
----------------------------------------------------------------------------------------------------------
173 Architectual Handan City 200.00
Institution
----------------------------------------------------------------------------------------------------------
174 Xijunshibao 200.00
----------------------------------------------------------------------------------------------------------
175 Wuan Xihuan Wuan Xi Huan 24.00
Base Station
----------------------------------------------------------------------------------------------------------
Fengfeng
Niuerzhuang Post Niuerzhuang,
176 Office Base Fengfeng 24.00
Station
----------------------------------------------------------------------------------------------------------
Guantao Sales
177 Office Base 60.00
Station
----------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 75
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
----------------------------------------------------------------------------------------------------------------------------------
178 Nan Huan Ji Fang
Lou Shang Ta Brick/ 20 1680 1680.00
Concrete
----------------------------------------------------------------------------------------------------------------------------------
179 Guang Ming Brick/ 60 5040 5040.00
Road Base Station Concrete
----------------------------------------------------------------------------------------------------------------------------------
Guang Ming
180 Road Exchange Brick/ 538.64 45244 45244.00
Machine Room Concrete
----------------------------------------------------------------------------------------------------------------------------------
Nan Huan
181 Exchange Brick/ 235.9 19815.6 19815.60
Machine Room Concrete
----------------------------------------------------------------------------------------------------------------------------------
182 Quzhou Old Sales Brick/ 32.4 1944 1944.00
Office Concrete
----------------------------------------------------------------------------------------------------------------------------------
183 Daming Machine Brick/ 27 1620 1620.00
Room Concrete
----------------------------------------------------------------------------------------------------------------------------------
Total 3460.39 ######## 504722.48
----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
--------------------------------------------------------------------------------------------------------
178 Nan Huan Ji Fang
Lou Shang Ta 84.00
--------------------------------------------------------------------------------------------------------
179 Guang Ming 84.00
Road Base Station
--------------------------------------------------------------------------------------------------------
Guang Ming
180 Road Exchange 84.00
Machine Room
--------------------------------------------------------------------------------------------------------
Nan Huan
181 Exchange 84.00
Machine Room
--------------------------------------------------------------------------------------------------------
182 Quzhou Old Sales 60.00
Office
--------------------------------------------------------------------------------------------------------
183 Daming Machine 60.00
Room
--------------------------------------------------------------------------------------------------------
Total 145.86
--------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for mobile
communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 76
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BUSINESS PURPOSES
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Company
Tangshan Branch Appraisal Base date: June 30th, 2000
------------------------------------------------------------------------------------------------------------------------------------
Leased Time of Lease Term
Floorage Completion of _Year
Number (Square the Building _Month_Year_
No. Name of Building Detailed Address Structure of Story meters) (mm/yy) Month Rent
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
#### Feng Run Mobile Sales Cao Xue Qin Dong Frame One Level of the 400 12850
Office Street Six
------------------------------------------------------------------------------------------------------------------------------------
#### Zunhua Office Building Wen Bai Road, Zunhua Frame 1 660 60000
------------------------------------------------------------------------------------------------------------------------------------
#### Zunhua Construction Bank Wen Hua Road, Zunhua Brick/ 1 64 25000
Sales Office Concrete
------------------------------------------------------------------------------------------------------------------------------------
#### Gangyao Kaiping Sales Xin Cheng Road, Frame The Two Floors Both 110 14000
Office Kaiping Be used
------------------------------------------------------------------------------------------------------------------------------------
#### City Zhanggezhuang No.1 Level 1 101 Lu Bei Frame 1 130 60000
Business Building Xiang Fu Li Zeng
------------------------------------------------------------------------------------------------------------------------------------
#### City Zhanggezhuang No.8 Level 1 102 Lu Bei Frame 1 130 60000
Business Building Xiang Fu Li Zeng
------------------------------------------------------------------------------------------------------------------------------------
#### City Zhanggezhuang No.7 Level 1 103 Lu Bei Frame 1 130 35000
Business Building Xiang Fu Li Zeng
------------------------------------------------------------------------------------------------------------------------------------
#### City Zhanggezhuang No.6 Level 1 104 Lu Bei Frame 1 130 35000
Business Building Xiang Fu Li Zeng
------------------------------------------------------------------------------------------------------------------------------------
#### City Zhanggezhuang No.5 Level 1 105 Lu Bei Frame 1 130 35000
Business Building Xiang Fu Li Zeng
------------------------------------------------------------------------------------------------------------------------------------
#### City Zhanggezhuang No.4 Level 1 106 Lu Bei Frame 1 130 35000
Business Building Xiang Fu Li Zeng
------------------------------------------------------------------------------------------------------------------------------------
#### City Zhanggezhuang No.3 Level 1 107 Lu Bei Frame 1 130 35000
Business Building Xiang Fu Li Zeng
------------------------------------------------------------------------------------------------------------------------------------
#### Tangshan No.2 Middle 54 Fu Xing Road, Brick/ 1 200 70000
School Lunan District Concrete
------------------------------------------------------------------------------------------------------------------------------------
#### Guest House of Tangshan 57 Sheng Li Road, Brick/ 2 300 100000
Qing Ji Factory Lunan District Concrete
------------------------------------------------------------------------------------------------------------------------------------
#### Qian'an Town Nanguan Nanguan Village, Frame 4 300 38000
Village Committee Qian'an
------------------------------------------------------------------------------------------------------------------------------------
Total 2944 614850
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Company
Tangshan Branch Unit: RMB
------------------------------------------------------------------------------------------------------------------------------------
Leasing Lessor's Ownership
Rent/year Rent/Square meter Contract Documentation
No. Name of Building Detailed Address RMB ----------------- (X) -------------------------- Remarks
(RMB/year) Building
Title Land Use Others
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
#### Feng Run Mobile Sales Cao Xue Qin Dong 12850 32.13
Office Street
------------------------------------------------------------------------------------------------------------------------------------
#### Zunhua Office Building Wen Bai Road, Zunhua 60000 90.91
------------------------------------------------------------------------------------------------------------------------------------
#### Zunhua Construction Bank Wen Hua Road, Zunhua 25000 390.63
Sales Office
------------------------------------------------------------------------------------------------------------------------------------
#### Gangyao Kaiping Sales Xin Cheng Road, 14000 127.27
Office Kaiping
------------------------------------------------------------------------------------------------------------------------------------
#### City Zhanggezhuang No.1 Level 1 101 Lu Bei 60000 461.54
Business Building Xiang Fu Li Zeng
------------------------------------------------------------------------------------------------------------------------------------
#### City Zhanggezhuang No.8 Level 1 102 Lu Bei 60000 461.54
Business Building Xiang Fu Li Zeng
------------------------------------------------------------------------------------------------------------------------------------
#### City Zhanggezhuang No.7 Level 1 103 Lu Bei 35000 269.23
Business Building Xiang Fu Li Zeng
------------------------------------------------------------------------------------------------------------------------------------
#### City Zhanggezhuang No.6 Level 1 104 Lu Bei 35000 269.23
Business Building Xiang Fu Li Zeng
------------------------------------------------------------------------------------------------------------------------------------
#### City Zhanggezhuang No.5 Level 1 105 Lu Bei 35000 269.23
Business Building Xiang Fu Li Zeng
------------------------------------------------------------------------------------------------------------------------------------
#### City Zhanggezhuang No.4 Level 1 106 Lu Bei 35000 269.23
Business Building Xiang Fu Li Zeng
------------------------------------------------------------------------------------------------------------------------------------
#### City Zhanggezhuang No.3 Level 1 107 Lu Bei 35000 269.23
Business Building Xiang Fu Li Zeng
------------------------------------------------------------------------------------------------------------------------------------
#### Tangshan No.2 Middle 54 Fu Xing Road, 70000 350.00
School Lunan District
------------------------------------------------------------------------------------------------------------------------------------
#### Guest House of Tangshan 57 Sheng Li Road, 100000 333.33
Qing Ji Factory Lunan District
------------------------------------------------------------------------------------------------------------------------------------
#### Qian'an Town Nanguan Nanguan Village, 38000 126.67
Village Committee Qian'an
------------------------------------------------------------------------------------------------------------------------------------
Total 614850
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for mobile
communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 77
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR OFFICE USE
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Tangshan Branch Appraisal Base date: June 30th, 2000
----------------------------------------------------------------------------------------------------------------------------------
Time of
Leased Completion Lease Term
No. Name of Building Detailed Address Structure Number Floorage of the _Year
of Story (Square Building _Month_Year_
meters) (mm/yy) Month
----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
1 Leting Sales Office Former Xi Street Industrial and Brick/ Two of the 699
Commercial Bank Concrete Three Levels
----------------------------------------------------------------------------------------------------------------------------------
#REF! Feng Nan 816 Office Building Feng Nan Wai Huan Road Frame 6 212.84
----------------------------------------------------------------------------------------------------------------------------------
Total 911.84
----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Tangshan Branch
--------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Rent Rent/year Rent/Square meter Leasing
RMB ----------------- Contract
(RMB/year) (X)
--------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
1 Leting Sales Office Former Xi Street Industrial and 65000 65000 92.99
Commercial Bank
--------------------------------------------------------------------------------------------------------------------------
#REF! Feng Nan 816 Office Building Feng Nan Wai Huan Road 43973.03 43973 206.60
--------------------------------------------------------------------------------------------------------------------------
Total 108973.03 108973 299.5913
--------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Tangshan Branch Unit: RMB
-----------------------------------------------------------------------------------------------------------
Lessor's Ownership
No. Name of Building Detailed Address Documentation Remarks
--------------------------
Building
Title Land Use Others
-----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
1 Leting Sales Office Former Xi Street Industrial and
Commercial Bank
-----------------------------------------------------------------------------------------------------------
#REF! Feng Nan 816 Office Building Feng Nan Wai Huan Road
-----------------------------------------------------------------------------------------------------------
Total
-----------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for mobile
communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 78
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Tangshan Branch Appraisal Base date: June 30th, 2000
------------------------------------------------------------------------------------------------------------------------------------
Leased Time of Lease Term
Floorage Completion of _Year
Number (Square the Building _Month_Year_ Rent/year
No. Name of Building Detailed Address Structure of Story meters) (mm/yy) Month Rent RMB
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 Tangshan Kai Luan Top of the Experiment Frame Top 4 28000 28000
No.1 Middle School Building
------------------------------------------------------------------------------------------------------------------------------------
Tangshan Kailuan
2 Mining Affairs Bureau Mining Affairs Bureau Frame 1 20 12000 12000
Information Centre Information Center
------------------------------------------------------------------------------------------------------------------------------------
3 Tanshan City Sports Top of the Multi- Frame Top 4 12000 12000
Center purpose Gym.
------------------------------------------------------------------------------------------------------------------------------------
Tangshan Banbidian
4 Iron and Steel Group Inside the group Frame 1 25 12000 12000
Company Company
------------------------------------------------------------------------------------------------------------------------------------
5 Tangshan Planning Top of the Su Di Branch Frame 6 25 14000 14000
Committee Building
------------------------------------------------------------------------------------------------------------------------------------
6 Tangshan Traffic Traffic Control Center Frame 5 18 20000 20000
Police Detachment
------------------------------------------------------------------------------------------------------------------------------------
7 Tangshan Hotel Room 1101 Frame 11 15 29000 29000
------------------------------------------------------------------------------------------------------------------------------------
8 Tangshan Jing Tang Level 8 Frame 8 15 22000 22000
Hotel
------------------------------------------------------------------------------------------------------------------------------------
9 Tang Gang Hotel Top of the Building Frame Top 15 20000 20000
------------------------------------------------------------------------------------------------------------------------------------
10 City Metal Material Level 6 Office Building Frame 6 20 24000 24000
Company
------------------------------------------------------------------------------------------------------------------------------------
City Architectual
Material Industry Guest House of the
11 Supply and Marketing Company Frame 3 18 12000 12000
Company
------------------------------------------------------------------------------------------------------------------------------------
12 Tangshan City Da Top of Office Building Steel/ 2 15 11000 11000
Cheng Shan Park Concrete
------------------------------------------------------------------------------------------------------------------------------------
13 Tangshan Nuzhizhai Inside Liangtun Village Steel/ 1 15 72000 72000
Town Government Concrete
------------------------------------------------------------------------------------------------------------------------------------
14 City Majiagou Elevator Room at the Frame Top 10 19988 19988
Department Store top
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication
Company Tangshan Branch Unit: RMB
------------------------------------------------------------------------------------------------------------------------------
Leasing Lessor's Ownership
Rent/Square meter Contract Documentation
No. Name of Building Detailed Address ----------------- (X) -------------------------- Remarks
(RMB/year) Building
Title Land Use Others
------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1 Tangshan Kai Luan Top of the Experiment 7000.000
No.1 Middle School Building
------------------------------------------------------------------------------------------------------------------------------
Tangshan Kailuan
2 Mining Affairs Bureau Mining Affairs Bureau 600.00
Information Centre Information Center
------------------------------------------------------------------------------------------------------------------------------
3 Tanshan City Sports Top of the Multi- 3000.00
Center purpose Gym.
------------------------------------------------------------------------------------------------------------------------------
Tangshan Banbidian
4 Iron and Steel Group Inside the group 480.00
Company Company
------------------------------------------------------------------------------------------------------------------------------
5 Tangshan Planning Top of the Su Di Branch 560.00
Committee Building
------------------------------------------------------------------------------------------------------------------------------
6 Tangshan Traffic Traffic Control Center 1111.11
Police Detachment
------------------------------------------------------------------------------------------------------------------------------
7 Tangshan Hotel Room 1101 1933.33
------------------------------------------------------------------------------------------------------------------------------
8 Tangshan Jing Tang Level 8 1466.67
Hotel
------------------------------------------------------------------------------------------------------------------------------
9 Tang Gang Hotel Top of the Building 1333.33
------------------------------------------------------------------------------------------------------------------------------
10 City Metal Material Level 6 Office Building 1200.00
Company
------------------------------------------------------------------------------------------------------------------------------
City Architectual
Material Industry Guest House of the
11 Supply and Marketing Company 666.67
Company
------------------------------------------------------------------------------------------------------------------------------
12 Tangshan City Da Top of Office Building 733.33
Cheng Shan Park
------------------------------------------------------------------------------------------------------------------------------
13 Tangshan Nuzhizhai Inside Liangtun Village 4800.00
Town Government
------------------------------------------------------------------------------------------------------------------------------
Post and
14 City Majiagou Elevator Room at the 1998.80 Telecommunic-
Department Store top ation Office
------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 79
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
------------------------------------------------------------------------------------------------------------------------------------
City Ji Chuan Trade
15 and Commercial Top Level Frame Top 36 28000 28000
Company Limited
------------------------------------------------------------------------------------------------------------------------------------
Tangshan Kuang Top of Si Hai Ju
16 labour Service Building, Zeng Sheng Frame Top 20 10000 10000
Company Road
------------------------------------------------------------------------------------------------------------------------------------
17 City Ren Min On top of the Office Frame Top 10 10000 10000
Printing Factory Building
------------------------------------------------------------------------------------------------------------------------------------
Tangshan Train Work
Affairs Department Brick/
18 labour Service Garment Factory Concrete Flat 20 6000 6000
Division
------------------------------------------------------------------------------------------------------------------------------------
City General
19 Automobile Parts Inside the Company Brick/ Flat 10 7000 7000
Company Concrete
------------------------------------------------------------------------------------------------------------------------------------
20 City Ji Xian Group Level 3 Office Building Frame 3 10 10000 10000
Company
------------------------------------------------------------------------------------------------------------------------------------
21 City Tax Zhuang Chen Inside the family yard Brick/ Flat 10 6000 6000
Weihai Concrete
------------------------------------------------------------------------------------------------------------------------------------
22 Tangshan Tobacco Level 3 Guest House Steel/ 3 10 10000 10000
Company Concrete
------------------------------------------------------------------------------------------------------------------------------------
23 Tangshan House Level 8 Elevator Frame 8 10 10000 10000
Management Bureau
------------------------------------------------------------------------------------------------------------------------------------
24 Tangshan Thermal Level 3 Administration Frame 3 20 15000 15000
Power Company Division
------------------------------------------------------------------------------------------------------------------------------------
25 Tangshan Customs Top of the Office Frame Top 10 10000 10000
Building
------------------------------------------------------------------------------------------------------------------------------------
#### Fengnan Bixi Village Inside the Village Brick/ Flat 10 45000 45000
Committee Committee Concrete
------------------------------------------------------------------------------------------------------------------------------------
Fengnan
#### Wanglanzhuang Town Wanglanzhuang Town Brick/ Flat 36 20000 20000
Economic Union Concrete
------------------------------------------------------------------------------------------------------------------------------------
Fengrun Town Brick/
#### Fengdengwu Village Village Committee Concrete Flat 200 80000 80000
Committee
------------------------------------------------------------------------------------------------------------------------------------
Fengrun Town Inside the Agricultural
#### Laozhuanzi Village Machinery Station, Brick/ Flat 200 20000 20000
Government North of the Village Concrete
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
------------------------------------------------------------------------------------------------------------------------------
City Ji Chuan Trade
15 and Commercial Top Level 777.78
Company Limited
------------------------------------------------------------------------------------------------------------------------------
Tangshan Kuang Top of Si Hai Ju
16 labour Service Building, Zeng Sheng 500.00
Company Road
------------------------------------------------------------------------------------------------------------------------------
17 City Ren Min On top of the Office 1000.00
Printing Factory Building
------------------------------------------------------------------------------------------------------------------------------
Tangshan Train Work
Affairs Department
18 labour Service Garment Factory 300.00
Division
------------------------------------------------------------------------------------------------------------------------------
City General
19 Automobile Parts Inside the Company 700.00
Company
------------------------------------------------------------------------------------------------------------------------------
20 City Ji Xian Group Level 3 Office Building 1000.00
Company
------------------------------------------------------------------------------------------------------------------------------
21 City Tax Zhuang Chen Inside the family yard 600.00
Weihai
------------------------------------------------------------------------------------------------------------------------------
22 Tangshan Tobacco Level 3 Guest House 1000.00
Company
------------------------------------------------------------------------------------------------------------------------------
23 Tangshan House Level 8 Elevator 1000.00
Management Bureau
------------------------------------------------------------------------------------------------------------------------------
24 Tangshan Thermal Level 3 Administration 750.00
Power Company Division
------------------------------------------------------------------------------------------------------------------------------
25 Tangshan Customs Top of the Office 1000.00
Building
------------------------------------------------------------------------------------------------------------------------------
#### Fengnan Bixi Village Inside the Village 4500.00
Committee Committee
------------------------------------------------------------------------------------------------------------------------------
Fengnan
#### Wanglanzhuang Town Wanglanzhuang Town 555.56
Economic Union
------------------------------------------------------------------------------------------------------------------------------
Build flats
Fengrun Town by ourselves
#### Fengdengwu Village Village Committee 400.00 on the place
Committee rented
------------------------------------------------------------------------------------------------------------------------------
Fengrun Town Inside the Agricultural
#### Laozhuanzi Village Machinery Station, 100.00
Government North of the Village
------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 80
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
Name of the Property Owner: Hebei Mobile Communication Company
Tangshan Branch Appraisal Base date: June 30th, 2000
<TABLE>
<CAPTION>
Time of
Leased Completion Lease Term
Floorage of the Year
Number (Square Building Month_Year
No. Name of Building Detailed Address Structure of Story meters) (mm/yy) Month
--- ---------------- ---------------- --------- -------- ------- -------- -----
<S> <C> <C> <C> <C> <C> <C> <C>
#### Tangshan No.8 Level 2 Teaching and Frame 2 13
Middle School Learning Building
#### Tangshan No. 15 Level 4 Teaching and Frame 4 15
Middle School Learning Building 4
#### Tangshang No. 27 School-run Workshop Brick/ Flat 10
Middle School Concrete
#### City Lunan United Top of the Teaching and Steel/ Top 10
Village Primary School Learning Building Concrete
#### City Da Zhao Park Level 1 Office Building Brick/ 2 15
Concrete
#### City Martyr's Park Distribution Room Brick/ Flat 10
Concrete
#### Tangshan
Architectural Level 4 Office Building Steel/ 4 15
Ceramics Factory Concrete
#### Tangshan Hygiene Machine Room Steel/ 3 10
Ceramics Factory Concrete
#### Tangshan No3. Steel West of Xi Jiao Thermal Frame 2 10
Rolling Mill Power Plant
#### Gangyao Longdong
Branch Station (Tai Changningdao Post Office Steel/ 1 10
Hua) Branch Concrete
#### Gangyao Shuangqiao Village Brick/ Flat 14
Shuangqiao Village Concrete
#### Gangyao
Zhengzhuangzi Inside the place Frame 3 30
Credit Cooperative
#### Gangyao Inside the place Frame 5 14
Credit Cooperative
#### Gangyao yan He Inside the place Frame 4 14
Porcelains Factory
#### Gangyao Coking Inside the place Frame 5 14
Factory
</TABLE>
<TABLE>
<CAPTION>
Unit: RMB
Lessor's Ownership
Leasing Documentation
Rent/year Rent/Square meter Contract Building Land Use Others Remarks
No. Name of Building Rent RMB (RMB/year) (X) Title
--- ---------------- ---- --------- ----------------- -------- -------- -------- ------ -------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
#### Tangshan No.8 8000 8000 615.38
Middle School
#### Tangshan No. 15 18800 18800 1253.33
Middle School
#### Tangshang No. 27 10000 10000 1000.00
Middle School
#### City Lunan United 10000 10000 1000.00
Village Primary School
#### City Da Zhao Park 10000 10000 666.67
#### City Martyr's Park 10000 10000 1000.00
#### Tangshan
Archtectual 20000 20000 1333.33
Ceramics Factory
#### Tangshan Hygiene 10000 10000 1000.00
Ceramics Factory
#### Tangshan No3. Steel 8000 8000 800.00
Rolling Mill
#### Gangyao Longdong
Branch Station (Tai 4000 4000 400.00
Hua)
#### Gangyao 5000 5000 357.14
Shuangqiao Village
#### Gangyao
Zhengzhuangzi 10000 10000 333.33
Credit Cooperative
#### Gangyao 5000 5000 357.14
Credit Cooperative
#### Gangyao yan He 5000 5000 357.14
Porcelains Factory
#### Gangyao Coking 5000 5000 357.14
Factory
</TABLE>
<PAGE> 81
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
#### Gangyao No.2 Inside the place Frame 4 14
Porcelains Factory
#### Gangyao Xincheng Inside the place Steel/ 3 14
Porcelains Factory Concrete
#### Qian'an Water Water Conservancy Frame 4 19
Conservancy Bureau Bureau
Flat inside the
#### Qian Xi Yi Station Broadcasting and Brick/ 1 30
Television Station Concrete
#### Zunhua
Telecommunication Zunhua Telecommunica- Frame 4 79.25
Bureau Base Station tion Bureau
#### Zunhua Post Office
Base Station Post Office Frame 3 40
Fengnan
#### Zunhua Zhi Fang Broadcasting Bureau Iron Frame 1 20
Station House
#### Tang Hai Er Chang Er Chang Branch Frame 2 3.72
Branch
#### Guye Beijiadian Guye Beijiadian Driver Brick/ 2 34
Driver School School Concrete
#### Guye Xijiatao Xijiatao, Guye Brick/ Flat 35.5
Concrete
#### Guye Traffic Police East of Guye Traffic Brick/ Flat 40
Box Police Box Wood
#### Guye Linxi Guye Post Office Multi- Frame Part of 4 107.16
purpose Building
#### Guye Xin Hua Street Tele-351 Machine Room Frame 2 20.79
#### Guye Lujiatuo Tele-359 Machine Room Frame Flat 9.9
####
</TABLE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
#### Gangyao No.2 10000 10000 714.29
Porcelains Factory
#### Gangyao Xincheng 5000 5000 357.14
Porcelains Factory
#### Qian'an Water 0.00 0.00 0.00
Conservancy Bureau
#### Qian Xi Yi Station 19200 19200 640.00
#### Zunhua
Telecommunica-tion 8717.5 8717.5 110.00
Bureau Base Station
#### Zunhua Post Office
Base Station 4400 4400 110.00
Fengnan
#### Zunhua Zhi Fang 5000 5000 250.00
Station House
#### Tang Hai Er Chang 126 126 33.87
Branch
#### Guye Beijiadian 5000 5000 147.06
Driver School
#### Guye Xijiatao 4800 4800 135.21
#### Guye Traffic Police 4800 4800 120.00
Box
#### Guye Linxi 17702.24 17702.24 165.19
#### Guye Xin Hua Street 1900.35 1900.35 91.41
#### Guye Lujiatuo 526.52 526.52 53.18
</TABLE>
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 82
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
Name of the Property Owner: Hebei Mobile Communication Company
<TABLE>
<CAPTION>
Tangshan Branch Appraisal Base date: June 30th, 2000
Time of
Leased Completion Lease Term
Floorage of the Year
Number (Square Building Month Year
No. Name of Building Detailed Address Structure of Story meters) (mm/yy) Month
--- ---------------- ---------------- --------- -------- -------- ----------- -----------
<S> <C> <C> <C> <C> <C> <C> <C>
#### Fengrun Town Jian Wei West of the Town Brick/ Flat 200
Tong Jian Office Concrete
#### Qian'an Yanjiadian Town Inside the Agricultural Brick/ Flat 133
Government, Machine Room Concrete
#### Qian'an No.1 South-east of the Brick/ Flat 29
Transportation Company Electricity Distribution Concrete
Office
#### Jian'an Kouzhuang Town South of the Meeting Brick/ Flat 133
Government Building Water Tower Concrete
#### Qian'an Dali Town Inside the Town Brick/ Flat 133
Government Government Concrete
#### Luannan Macheng Town Government South Frame Flat 150
Village Government yard
#### Luannan Hougezhuang Town Government South Frame Flat 150
Village Government Yard
Luannan No.6
#### Architectural Engineering Spare ground of the South Frame Flat 130
Company Yard
#### Leting Pangge Credit Inside the Credit Brick/ Flat 80
Cooperative Cooperative Concrete
#### Leting Hujiatuo Town Yumin Constant Brick/ Flat 80
Muyi Village Temperature Storehouse Concrete
#### Leting Yangezhuang Luhe Inside the Village Brick/ Flat 80
Village Committee Committee Concrete
Leting Wangzhuangzi
#### Town Jiujianfang Village Inside the Village Brick/ Flat 80
Committee Committee Concrete
#### Leting Matouying Town Beigang Village Brick/ Flat 80
Government Committee Concrete
#### Zunhua Tiechang Town Inside the Town 88
Government Government
#### Zunhua Dibeitou Town Inside the Town 88
Government Government
</TABLE>
Name of the Property Owner: Hebei Mobile Communication Company
<TABLE>
<CAPTION>
Tangshan Branch Unit: RMB
Lessor's Ownership
Leasing Documentation
Rent/year Rent/Square meter Contract Building Land Use Others Remarks
No. Name of Building Rent RMB (RMB/year) (X) Title
--- ---------------- ---- --------- ----------------- -------- -------- -------- ------ -------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
#### Fengrun Town Jian Wei 8000 8000 40.00
Tong Jian Office
#### Qian'an Yanjiadian Town 10000 10000 75.19
Government,
#### Qian'an No.1 12000 12000 413.79
Transportation Company
#### Jian'an Kouzhuang Town 10000 10000 75.19
Government
#### Qian'an Dali Town 20000 20000 150.38
Government
#### Luannan Macheng 60000 60000 400.00
Village Government
#### Luannan Hougezhuang 60000 60000 400.00
Village Government
Luannan No.6
#### Architectural Engineering 52000 52000 400.00
Company
#### Leting Pangge Credit 1600 1600 20.00
Cooperative
#### Leting Hujiatuo Town 5000 5000 62.50
Muyi Village
#### Leting Yangezhuang Luhe 167 166.6667 2.08
Village Committee
Leting Wangzhuangzi
#### Town Jiujianfang Village 5000 5000 62.50
Committee
#### Leting Matouying Town 5000 5000 62.50
Government
#### Zunhua Tiechang Town 1167 1166.667 13.26
Government
#### Zunhua Dibeitou Town 1167 1166.667 13.26
Government
</TABLE>
<PAGE> 83
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
#### Yutian Shijiuwo Town Shijiu Village Brick/ Flat 24
Government Concrete
#### Yutian Yangjiabanqian Town Hospital Brick/ Flat 24
Town Concrete
#### Yutian Yahongqiao Town Daheping Town Brick/ Flat 24
Government Concrete
Kaiping District
#### Xiazhuang Village Inside the Village Brick/ Flat 49
Committee Committee Concrete
Kaiping District
Shuangqiao Town
#### Xuzhuangzi Village Xuzhuangzi Village Steel/ Flat 100
Committee Concrete
Tangshan Electric
#### Communication Inside Douhe Electricity Brick/ 4 10
Engineering Company Power Plant Concrete
#### Kaiping Insurance Inside the Company Frame 4 10
Company
Tangshan Wang Sheng
Electric Home
#### Appliances Wholesale Inside the Station Brick/ Flat 10
Station Concrete
#### City Fujiatun Town Management Office Brick/ Flat 10
Management Office Concrete
#### Tangshan Zhenjiazhuang Village Electricity Brick/ Flat 25
Distribution Office Concrete
#### Tangshan Majuqiao Bao Li Ban Factory Brick/ Flat 10
Concrete
#### Tangshan Village Committee Steel/ 2 15
Niangniangmiao Concrete
#### Tangshan No.1 Middle Top of the Auditorium Frame Top 20
School
#### Tangshan No.4 Middle Level 4 Office Building Frame 4 25
School
</TABLE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
#### Yutian Shijiuwo Town 20000 20000 833.33
Government
#### Yutian Yangjiabanqian 40000 40000 1666.67
Town
#### Yutian Yahongqiao Town 30000 30000 1250.00
Kaiping District
#### Xiazhuang Village 2800 2800 57.14
Committee
Kaiping District
Shuangqiao Town
#### Xuzhuangzi Village 2000 2000 20.00
Committee
Tangshan Electric
#### Communication 27000 27000 2700.00
Engineering Company
#### Kaiping Insurance 10000 10000 1000.00
Company
Tangshan Wang Sheng
Electric Home
#### Appliances Wholesale 10000 10000 1000.00
Station
#### City Fujiatun Town 9000 9000 900.00
Management Office
#### Tangshan Zhenjiazhuang 6000 6000 240.00
#### Tangshan Majuqiao 6000 6000 600.00
#### Tangshan 10000 10000 666.67
Niangniangmiao
#### Tangshan No.1 Middle 15000 15000 750.00
School
#### Tangshan No.4 Middle 20000 20000 800.00
School
</TABLE>
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 84
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
Name of the Property Owner: Hebei Mobile Communication
Company Tangshan Branch Appraisal Base date: June 30th, 2000
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Time of
Leased Completion Lease Term
Floorage of the Year
Number (Square Building Month Year
No. Name of Building Detailed Address Structure of Story meters) (mm/yy) Month Rent
--- ---------------- ---------------- --------- -------- -------- ----------- ----------- ----
<S> <C> <C> <C> <C> <C> <C> <C> <C>
#### Yutian Post Yutian Caitingqiao Brick/ 2 15 1083.84
Office Concrete
Caitingqiao
Branch
Tangshan Teng
Fei
Communication Xin District, Brick/
#### Engineering Tangshan City Concrete 2 30 4000
Company
Limited
Total 3537.32 1284944.5
</TABLE>
<TABLE>
<CAPTION>
Unit: RMB
Lessor's Ownership
Leasing Documentation
Rent/year Rent/Square meter Contract Building Land Use Others Remarks
No. Name of Building RMB (RMB/year) (X) Title
--- ---------------- --------- ----------------- -------- -------- -------- ------ -------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
#### Yutian Post 1083.84 72.26
Office
Caitingqiao
Branch
Tangshan Teng
Fei
Communication
#### Engineering 4000 133.33
Company
Limited
Total 1284944
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for mobile
communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 85
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BUSINESS PURPOSES
Name of the Property Owner: Hebei Mobile Communication Company
<TABLE>
<CAPTION>
Cangzhou Branch Appraisal Base date: June 30th, 2000
------------------------------------------------------------------------------------------------------------------------------------
Leased Time of Lease Term
Floorage Completion of Year
Number (Square the Building Month Year
No. Name of Building Detailed Address Structure of Story meters) (mm/yy) Month Rent
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
------------------------------------------------------------------------------------------------------------------------------------
Er Zhi Post Office
1 Sales Building 11 Bo Hai Road, Renqiu Brick/ 1 30 May-91 20000
(Renqiu) Concrete
------------------------------------------------------------------------------------------------------------------------------------
Bank of China
3 Multi-purpose Wu RMB Road, Suning Frame 6 180 Nov-97 35000
Building (Suning)
------------------------------------------------------------------------------------------------------------------------------------
4 Sales Office ChengRMB Road, Brick/ 4 24.75 Jun-90 6283
(Hejian) Hejian City Concrete
------------------------------------------------------------------------------------------------------------------------------------
5 Charge Sales Office ChengRMB Road, Brick/ 1 39.5 May-93 8760
(Hejian) Hejian City Concrete
------------------------------------------------------------------------------------------------------------------------------------
Procuratorate Office West of Inner 104
6 Building (Qing National Highway, Qing Steel/ 5 80 July-98 57000
Town) Town Concrete
------------------------------------------------------------------------------------------------------------------------------------
10 No.1 Sales Office Li Jia Business Center, Steel/ 1 650 May-96 327600
(Cangzhou) Nan Bei Street Concrete
------------------------------------------------------------------------------------------------------------------------------------
12 No.3 Sales Office 16 Xi Huan Bei Road Frame 1 80 Aug-98 249600
(Cangzhou)
------------------------------------------------------------------------------------------------------------------------------------
1084.25 704243
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Cangzhou Branch Unit: RMB
--------------------------------------------------------------------------------------------------------------------------
Lessor's Ownership
Rent/Square meter Documentation
----------------- Leasing ------------------------------
Rent/year Contract Building
No. Name of Building RMB (RMB/year) (X) Title Land Use Others Remarks
--------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
--------------------------------------------------------------------------------------------------------------------------
Er Zhi Post Office
1 Sales Building 20000 667
(Renqiu)
--------------------------------------------------------------------------------------------------------------------------
Bank of China
3 Multi-purpose 35000 194
Building (Suning)
--------------------------------------------------------------------------------------------------------------------------
4 Sales Office 6283 254
(Hejian)
--------------------------------------------------------------------------------------------------------------------------
5 Charge Sales Office 8760 222
(Hejian)
--------------------------------------------------------------------------------------------------------------------------
Procuratorate Office
6 Building (Qing 57000 713
Town)
--------------------------------------------------------------------------------------------------------------------------
10 No.1 Sales Office 327600 504
(Cangzhou)
--------------------------------------------------------------------------------------------------------------------------
12 No.3 Sales Office 249600 3120
(Cangzhou)
--------------------------------------------------------------------------------------------------------------------------
704242.9
--------------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 3) Please fill in the "Remarks" if necessary.
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 86
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR OFFICE USE
Name of the Property Owner: Hebei Mobile Communication
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------
Company Cangzhou Branch Appraisal Base date: June 30th, 2000
Time of
Completion of
Number Leased Floorage the Building
No. Name of Building Detailed Address Structure of Story (Square meters) (mm/yy)
-----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
2 Duo Jing Building (Cangzhou) Level 2 16 Xi Huan Bei Road Frame 3 380 Aug-98
-----------------------------------------------------------------------------------------------------------------------------
380
-----------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
Company Cangzhou Branch Unit: RMB
Lease Term
Year Rent/Square meter Leasing
Month Year Rent/year ----------------- Contract Lessor's Ownership
No. Name of Building Month Rent RMB (RMB/y((yy y) (X) Documentation Remarks
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
2 Duo Jing Building (Cangzhou) 228000 228000 600
------------------------------------------------------------------------------------------------------------------------------------
228000 228000
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for mobile
communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 87
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BUSINESS PURPOSES
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Company
Cangzhou Branch Appraisal Base date: June 30th, 2000
--------------------------------------------------------------------------------------------------------------------------------
Leased Time of Lease Term
Floorage Completion of Year
Number (Square the Building Month Year
No. Name of Building Detailed Address Structure of Story meters) (mm/yy) Month Rent
--------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
2 Zhuan Yun Building Level 6 Post Office Frame 8 25 11000.00
Building, Cangzhou
--------------------------------------------------------------------------------------------------------------------------------
No.3 Branch
4 Telecommunication 304 Branch Machine Room, Frame 3 4.56 11000.00
Building Cangzhou
--------------------------------------------------------------------------------------------------------------------------------
5 Fu Yang Restaurant Level 8 fu Yang Tower, Frame 9 15 11000.00
Cangzhou
--------------------------------------------------------------------------------------------------------------------------------
Level 5 Qimengzhuang
6 Qimengzhuang Village Committee, suburb of Frame 5 15 6000.00
Village Committee the City
--------------------------------------------------------------------------------------------------------------------------------
7 Oil Refinery Plant Level 5 Office Building, Frame 5 10 11000.00
Office Building Cangzhou Oil Refinery Plant
--------------------------------------------------------------------------------------------------------------------------------
8 Electricity Bureau Top of the Office Building of Frame 4 10 11000.00
Office Building the Electricity Bureau
--------------------------------------------------------------------------------------------------------------------------------
9 Hua Ao Level 6 Hua Ao Food and Frame 6 15 5400.00
Recreation Center
--------------------------------------------------------------------------------------------------------------------------------
Anzhuangzi Village
10 Anzhuangzi Village Committee, Guang Rong Brick/ Flat 20 7200.00
Committee Road Concrete
--------------------------------------------------------------------------------------------------------------------------------
No.3 Middle School Cangzhou No.3 Middle
11 Teaching and School Teaching and Frame 5 15 4200.00
Learning Building Learning Building
--------------------------------------------------------------------------------------------------------------------------------
12 Town Public Level 4 Cang Town Public Frame 4 15 11000.00
Security Bureau Security Bureau
--------------------------------------------------------------------------------------------------------------------------------
13 Motorcycle Factory Inside Cangzhou Motorcycle Brick/ Flat 10 11000.00
Factory Concrete
--------------------------------------------------------------------------------------------------------------------------------
14 Da Hua Group Level 6 Infrastructure Office Frame 6 10 11000.00
Infrastructure Office Building, Da Hua Group
--------------------------------------------------------------------------------------------------------------------------------
15 Bo Hai Tower Level 6 Bo Hai Tower, Frame 8 15 8000.00
Cangzhou
--------------------------------------------------------------------------------------------------------------------------------
Shi Cheng Supply Level 10 Shi Cheng Supply
16 and Marketing and Marketing Tower, Frame 10 15 3600.00
Tower Cangzhou
--------------------------------------------------------------------------------------------------------------------------------
Supply and Level 5 Cangzhou Supply
17 Marketing Business and Marketing Business Frame 6 15 4320.00
Center Center
--------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Company
Cangzhou Branch Appraisal Base date: June 30th, 2000 Unit: RMB
------------------------------------------------------------------------------------------------------------------------------------
Leasing
Rent/Square meter Contract Lessor's Ownership
----------------- (X) Documentation Remarks
(RMB/year) ----------------------
Rent/year Building
No. Name of Building Detailed Address RMB Title Land Use Others
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
2 Zhuan Yun Building Level 6 Post Office 11000.00 440
Building, Cangzhou
------------------------------------------------------------------------------------------------------------------------------------
No.3 Branch
4 Telecommunication 304 Branch Machine Room, 11000.00 2412
Building Cangzhou
------------------------------------------------------------------------------------------------------------------------------------
5 Fu Yang Restaurant Level 8 fu Yang Tower, 11000.00 733
Cangzhou
------------------------------------------------------------------------------------------------------------------------------------
Level 5 Qimengzhuang
6 Qimengzhuang Village Committee, suburb of 6000.00 400
Village Committee the City
------------------------------------------------------------------------------------------------------------------------------------
7 Oil Refinery Plant Level 5 Office Building, 11000.00 1100
Office Building Cangzhou Oil Refinery Plant
------------------------------------------------------------------------------------------------------------------------------------
8 Electricity Bureau Top of the Office Building of 11000.00 1100
Office Building the Electricity Bureau
------------------------------------------------------------------------------------------------------------------------------------
9 Hua Ao Level 6 Hua Ao Food and 5400.00 360
Recreation Center
------------------------------------------------------------------------------------------------------------------------------------
Anzhuangzi Village
10 Anzhuangzi Village Committee, Guang Rong 7200.00 360
Committee Road
------------------------------------------------------------------------------------------------------------------------------------
No.3 Middle School Cangzhou No.3 Middle
11 Teaching and School Teaching and 4200.00 280
Learning Building Learning Building
------------------------------------------------------------------------------------------------------------------------------------
12 Town Public Level 4 Cang Town Public 11000.00 733
Security Bureau Security Bureau
------------------------------------------------------------------------------------------------------------------------------------
13 Motorcycle Factory Inside Cangzhou Motorcycle 11000.00 1100
Factory
------------------------------------------------------------------------------------------------------------------------------------
14 Da Hua Group Level 6 Infrastructure Office 11000.00 1100
Infrastructure Office Building, Da Hua Group
------------------------------------------------------------------------------------------------------------------------------------
15 Bo Hai Tower Level 6 Bo Hai Tower, 8000.00 533
Cangzhou
------------------------------------------------------------------------------------------------------------------------------------
Shi Cheng Supply Level 10 Shi Cheng Supply
16 and Marketing and Marketing Tower, 3600.00 240
Tower Cangzhou
------------------------------------------------------------------------------------------------------------------------------------
Supply and Level 5 Cangzhou Supply
17 Marketing Business and Marketing Business 4320.00 288
Center Center
</TABLE>
<PAGE> 88
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Company
Cangzhou Branch Appraisal Base date: June 30th, 2000
--------------------------------------------------------------------------------------------------------------------------------
Leased Time of Lease Term
Floorage Completion of Year
Number (Square the Building Month Year
No. Name of Building Detailed Address Structure of Story meters) (mm/yy) Month Rent
--------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
18 Container Group Level 6 Container Group Frame 6 10 2400.00
Company Company
--------------------------------------------------------------------------------------------------------------------------------
19 Property Insurance Level 10 Cangzhou Property Frame 10 15 11000.00
Company Insurance Company
--------------------------------------------------------------------------------------------------------------------------------
20 Power Machinery Level 2 Power Machinery Frame 2 15 3600.00
Plant Factory Workshop
--------------------------------------------------------------------------------------------------------------------------------
21 Agricultural Bank Level 5 Agricultural Bank Brick/ 5 15 1800.00
No.1 Sales Office No.1 Sales Office Concrete
--------------------------------------------------------------------------------------------------------------------------------
22 Old Line Old Line Connecting Brick/ 2 15 11000.00
Connecting Station Station Concrete
--------------------------------------------------------------------------------------------------------------------------------
30 Liujiamiao Cai You Liujiamiao Cai You Office Brick/ 1 15 11000.00
Office Concrete
--------------------------------------------------------------------------------------------------------------------------------
32 Yanguantun West of yaoguantun Village Brick/ 1 15 11000.00
Road Concrete
--------------------------------------------------------------------------------------------------------------------------------
Renqiu Hua You Level 10 Machine Room of
33 Communication Communication Division, Frame 12 10 30000.00
Office north-China Oilfield
--------------------------------------------------------------------------------------------------------------------------------
Level 1 You Jian
34 Hua You You Jian Communication Building, Brick/ 6 15 11000.00
North-China Oilfield Concrete
--------------------------------------------------------------------------------------------------------------------------------
40 Wangjiawu Branch Wangjiawu Branch Brick/ 3 15 11000.00
Machine Room Concrete
--------------------------------------------------------------------------------------------------------------------------------
Renqiu
42 Transportation Level 5 Renqiu Brick/ 5 15 3000.00
Bureau Transportation Bureau Concrete
--------------------------------------------------------------------------------------------------------------------------------
43 Renqiu TV Station Level 1 Renqiu TV Station Brick/ Flat 10 3000.00
Concrete
--------------------------------------------------------------------------------------------------------------------------------
44 Renqiu Cai You Level 4 Renqiu Cai You Brick/ 5 15 3000.00
Factory Factory Concrete
--------------------------------------------------------------------------------------------------------------------------------
48 Publicy Security Level 4 Huangye Public Brick/ 6 15 7000.00
Bureau Security Bureau Concrete
--------------------------------------------------------------------------------------------------------------------------------
49 Huangye Bo Hai Level 6 Bo Hai Building, Frame 10 15 11000.00
Building Huangye
--------------------------------------------------------------------------------------------------------------------------------
59 Huangye Yang Level 8 Yang Guang Tower, Frame 8 15 11000.00
Guang Tower Huangy
Huangye
--------------------------------------------------------------------------------------------------------------------------------
60 Development Area Level 2 Huangye Frame 3 15 11000.00
Branch Development Area Branch
Botou
--------------------------------------------------------------------------------------------------------------------------------
Level 4 Mobile Machine
65 Telecommunication Room, Botou Telecom Frame 6 15 11000.00
Bureau Bureau
--------------------------------------------------------------------------------------------------------------------------------
66 Botou Post Office Level 3 Botou Post Office Frame 4 15 11000.00
--------------------------------------------------------------------------------------------------------------------------------
71 Botou Water Plant Level 1 Water Plant Office Frame 4 15 3600.00
Building, Botou
--------------------------------------------------------------------------------------------------------------------------------
Hejian Industrial
74 and Commercial Level 5 of the Hejian Bank Frame 5 25 1000.00
Bank
--------------------------------------------------------------------------------------------------------------------------------
76 Jinghe Branch Level 2 Mobile Machine Brick/ 3 15 11000.00
Room, Jinghe Branch Wood
--------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Company
Cangzhou Branch Appraisal Base date: June 30th, 2000 Unit: RMB
------------------------------------------------------------------------------------------------------------------------------------
Leasing
Rent/Square meter Contract Lessor's Ownership
----------------- (X) Documentation Remarks
(RMB/year) ----------------------
Rent/year Building
No. Name of Building Detailed Address RMB Title Land Use Others
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
18 Container Group Level 6 Container Group 2400.00 240
Company Company
------------------------------------------------------------------------------------------------------------------------------------
19 Property Insurance Level 10 Cangzhou Property 11000.00 733
Company Insurance Company
------------------------------------------------------------------------------------------------------------------------------------
20 Power Machinery Level 2 Power Machinery 3600.00 240
Plant Factory Workshop
------------------------------------------------------------------------------------------------------------------------------------
21 Agricultural Bank Level 5 Agricultural Bank 1800.00 120
No.1 Sales Office No.1 Sales Office
------------------------------------------------------------------------------------------------------------------------------------
22 Old Line Old Line Connecting 11000.00 733
Connecting Station Station
------------------------------------------------------------------------------------------------------------------------------------
30 Liujiamiao Cai You Liujiamiao Cai You Office 11000.00 733
Office
------------------------------------------------------------------------------------------------------------------------------------
32 Yanguantun West of yaoguantun Village 11000.00 733
Road
------------------------------------------------------------------------------------------------------------------------------------
Renqiu Hua You Level 10 Machine Room of
33 Communication Communication Division, 30000.00 3000
Office north-China Oilfield
------------------------------------------------------------------------------------------------------------------------------------
Level 1 You Jian
34 Hua You You Jian Communication Building, 11000.00 733
North-China Olifield
------------------------------------------------------------------------------------------------------------------------------------
40 Wangjiawu Branch Wangjiawu Branch 11000.00 733
Machine Room
------------------------------------------------------------------------------------------------------------------------------------
Renqiu
42 Transportation Level 5 Renqiu 3000.00 200
Bureau Transportation Bureau
------------------------------------------------------------------------------------------------------------------------------------
43 Renqiu TV Station Level 1 Renqiu TV Station 3000.00 300
------------------------------------------------------------------------------------------------------------------------------------
44 Renqiu Cai You Level 4 Renqiu Cai You 3000.00 200
Factory Factory
------------------------------------------------------------------------------------------------------------------------------------
48 Publicy Security Level 4 Huangye Public 7000.00 467
Bureau Security Bureau
------------------------------------------------------------------------------------------------------------------------------------
49 Huangye Bo Hai Level 6 Bo Hai Building, 11000.00 733
Building Huangye
------------------------------------------------------------------------------------------------------------------------------------
59 Huangye Yang Level 8 Yang Guang Tower, 11000.00 733
Guang Tower Huangy
------------------------------------------------------------------------------------------------------------------------------------
Huangye
60 Development Area Level 2 Huangye 11000.00 733
Branch Development Area Branch
Botou
------------------------------------------------------------------------------------------------------------------------------------
Level 4 Mobile Machine
65 Telecommunication Room, Botou Telecom 11000.00 733
Bureau Bureau
------------------------------------------------------------------------------------------------------------------------------------
66 Botou Post Office Level 3 Botou Post Office 11000.00 733
------------------------------------------------------------------------------------------------------------------------------------
71 Botou Water Plant Level 1 Water Plant Office 3600.00 240
Building, Botou
------------------------------------------------------------------------------------------------------------------------------------
Hejian Industrial
74 and Commercial Level 5 of the Hejian Bank 1000.00 40
Bank
------------------------------------------------------------------------------------------------------------------------------------
76 Jinghe Branch Level 2 Mobile Machine 11000.00 733
Room, Jinghe Branch
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 89
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Company
Cangzhou Branch Appraisal Base date: June 30th, 2000
--------------------------------------------------------------------------------------------------------------------------------
Leased Time of Lease Term
Floorage Completion of Year
Number (Square the Building Month Year
No. Name of Building Detailed Address Structure of Story meters) (mm/yy) Month Rent
--------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Level 4 Office
80 Hejian Machinery Building, Hejian Frame 4 16.5 1000.00
Plant Machinery Plant
--------------------------------------------------------------------------------------------------------------------------------
81 Hejian Cai You Inside Hejian Cai Brick/ 1 10 500.00
Factory You Factory Wood
--------------------------------------------------------------------------------------------------------------------------------
82 Guojiacun Branch Level 2 Guojiacun Brick/ 2 15 11000.00
Branch Wood
--------------------------------------------------------------------------------------------------------------------------------
86 Xian Town Inside the Electricity 15 3000.00
Electricity Bureau Bureau
--------------------------------------------------------------------------------------------------------------------------------
94 Hai Xin Farm Level 3 Hai Xin Brick/ 3 15 11000.00
Office Building Farm Concrete
--------------------------------------------------------------------------------------------------------------------------------
Level 3 Tele-com
97 Wuqiao Tele-com Building Machine Brick/ 4 10 11000.00
Bureau Room, Wuqiao Concrete
--------------------------------------------------------------------------------------------------------------------------------
Wuqiao Inside the
98 Meterological Meterological Brick/ 1 18 11000.00
Bureau Bureau Concrete
--------------------------------------------------------------------------------------------------------------------------------
Mobile Machine
116 Nanpi Post Office Room Nanpi Post Brick/ 1 15 6000.00
Office Concrete
--------------------------------------------------------------------------------------------------------------------------------
Telecommunication
117 Wumaying Branch Machine Room, Brick/ 1 10 11000.00
Wumaying Branch Concrete
--------------------------------------------------------------------------------------------------------------------------------
119 Dong Guang Level 5 Dong Frame 5 15 1000.00
Business Center Guang Wu Jin Store
--------------------------------------------------------------------------------------------------------------------------------
123 Da Dan Branch Inside Da Dan Branch Brick/ 1 10 11000.00
Concrete
--------------------------------------------------------------------------------------------------------------------------------
125 Suning Train Inside Suning Train Brick/ 1 10 3000.00
Station Station Concrete
--------------------------------------------------------------------------------------------------------------------------------
Telecommunication
130 Qing Town Post Machine Room, Qing Frame 4 40 11000.00
Office Town Post Office
--------------------------------------------------------------------------------------------------------------------------------
Total 734.06 408620.00
--------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Company
Cangzhou Branch Appraisal Base date: June 30th, 2000 Unit: RMB
------------------------------------------------------------------------------------------------------------------------------------
Leasing
Rent/Square meter Contract Lessor's Ownership
----------------- (X) Documentation Remarks
(RMB/year) --------------------------
Rent/year Building
No. Name of Building Detailed Address RMB Title Land Use Others
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Level 4 Office
80 Hejian Machinery Building, Hejian 1000.00 61
Plant Machinery Plant
------------------------------------------------------------------------------------------------------------------------------------
81 Hejian Cai You Inside Hejian Cai 500.00 50
Factory You Factory
------------------------------------------------------------------------------------------------------------------------------------
82 Guojiacun Branch Level 2 Guojiacun 11000.00 733
Branch
------------------------------------------------------------------------------------------------------------------------------------
86 Xian Town Inside the Electricity 3000.00 200
Electricity Bureau Bureau
------------------------------------------------------------------------------------------------------------------------------------
94 Hai Xin Farm Level 3 Hai Xin 11000.00 733
Office Building Farm
------------------------------------------------------------------------------------------------------------------------------------
Level 3 Tele-com
97 Wuqiao Tele-com Building Machine 11000.00 1100
Bureau Room, Wuqiao
------------------------------------------------------------------------------------------------------------------------------------
Wuqiao Inside the
98 Meterological Meterological 11000.00 611
Bureau Bureau
------------------------------------------------------------------------------------------------------------------------------------
Mobile Machine
116 Nanpi Post Office Room Nanpi Post 6000.00 400
Office
------------------------------------------------------------------------------------------------------------------------------------
Telecommunication
117 Wumaying Branch Machine Room, 11000.00 1100
Wumaying Branch
------------------------------------------------------------------------------------------------------------------------------------
119 Dong Guang Level 5 Dong 1000.00 67
Business Center Guang Wu Jin Store
------------------------------------------------------------------------------------------------------------------------------------
123 Da Dan Branch Inside Da Dan Branch 11000.00 1100
------------------------------------------------------------------------------------------------------------------------------------
125 Suning Train Inside Suning Train 3000.00 300
Station Station
------------------------------------------------------------------------------------------------------------------------------------
Telecommunication
130 Qing Town Post Machine Room, Qing 11000.00 275
Office Town Post Office
------------------------------------------------------------------------------------------------------------------------------------
Total 408620.00
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 90
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
Name of the Property Owner: Hebei Mobile Communication
Company Baoding Branch
Appraisal Base date: June 30th, 2000
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Structure Number Leased Time of Lease Term
of Story Floorage Completion Year
(Square of the Month Year
meters) Building Month
(mm/yy)
------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
1 Baoding Jian She Nan Brick/ 1 15.00
Electricity Road Concrete
Repairing and
Making Factory
Base Station
------------------------------------------------------------------------------------------------------------
2 Baoding No.1 Electricity Brick/ 1 20.00
Paper-making Power Plant Concrete
Factory Base
Station
------------------------------------------------------------------------------------------------------------
Baoding Dao
3 Xiang Cun Xiu Shui Lane Brick/ 1 20.00
Food Factory Concrete
------------------------------------------------------------------------------------------------------------
4 Hebei Gong Wu Si Zhong Road Brick/ 2 15.00
Xiao Concrete
Pringting
Factory
------------------------------------------------------------------------------------------------------------
5 Baoding No.1 148 Huan Xi Brick/ 1 30.00
Sweet, Tobacco Concrete
and Wine
Company
------------------------------------------------------------------------------------------------------------
6 Baoding Xi Lian Liang Brick/ 1 20.00
Xilianliang Village Concrete
------------------------------------------------------------------------------------------------------------
Hebei
7 Agriculture Nong Da Xi Street Brick/ 1 55.00
University Concrete
------------------------------------------------------------------------------------------------------------
Baoding Dao
8 Xiang Cun Qian Wei Road Brick/ 1 20.00
Food Factory Concrete
------------------------------------------------------------------------------------------------------------
9 Baoding Qian Wei Road Brick/ 1 15.00
Production Concrete
Material Company
------------------------------------------------------------------------------------------------------------
Baoding No.1
10 Transportation Qian Wei Road Brick/ 1 20.00
Concrete
------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
-------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Rent Rent/year Rent/Square Leasing
RMB meter Contract
(X)
(RMB/year)
-------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
1 Baoding Jian She Nan 20 10000.00 666.67
Electricity Road
Repairing and
Making Factory
Base Station
-------------------------------------------------------------------------------------------------------
2 Baoding No.1 Electricity 12 6000.00 300.00
Paper-making Power Plant
Factory Base
Station
-------------------------------------------------------------------------------------------------------
Baoding Dao
3 Xiang Cun Xiu Shui Lane 20 10000.00 500.00
Food Factory
-------------------------------------------------------------------------------------------------------
4 Hebei Gong Wu Si Zhong Road 30 15000.00 1000.00
Xiao
Pringting
Factory
-------------------------------------------------------------------------------------------------------
5 Baoding No.1 148 Huan Xi 16 8000.00 266.67
Sweet, Tobacco
and Wine
Company
-------------------------------------------------------------------------------------------------------
6 Baoding Xi Lian Liang 10 5000 250.00
Xilianliang Village
-------------------------------------------------------------------------------------------------------
Hebei
7 Agriculture Nong Da Xi Street 13 13000 236.36
University
-------------------------------------------------------------------------------------------------------
Baoding Dao
8 Xiang Cun Qian Wei Road 20 20000 1000.00
Food Factory
-------------------------------------------------------------------------------------------------------
9 Baoding Qian Wei Road 20 20000 1333.33
Production
Material Company
-------------------------------------------------------------------------------------------------------
Baoding No.1
10 Transportation Qian Wei Road 20 20000 1000.00
-------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Unit: RMB
-----------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Lessor's Ownership Remarks
Documentation
Building Land Use Others
Title
-----------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
1 Baoding Jian She Nan
Electricity Road
Repairing and
Making Factory
Base Station
-----------------------------------------------------------------------------------------------
2 Baoding No.1 Electricity
Paper-making Power Plant
Factory Base
Station
-----------------------------------------------------------------------------------------------
Baoding Dao
3 Xiang Cun Xiu Shui Lane
Food Factory
-----------------------------------------------------------------------------------------------
4 Hebei Gong Wu Si Zhong Road
Xiao
Pringting
Factory
-----------------------------------------------------------------------------------------------
5 Baoding No.1 148 Huan Xi
Sweet, Tobacco
and Wine
Company
-----------------------------------------------------------------------------------------------
6 Baoding Xi Lian Liang
Xilianliang Village
-----------------------------------------------------------------------------------------------
Hebei
7 Agriculture Nong Da Xi Street
University
-----------------------------------------------------------------------------------------------
Baoding Dao
8 Xiang Cun Qian Wei Road
Food Factory
-----------------------------------------------------------------------------------------------
9 Baoding Qian Wei Road
Production
Material Company
-----------------------------------------------------------------------------------------------
Baoding No.1
10 Transportation Qian Wei Road
-----------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 91
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Structure Number Leased Time of Lease Term Rent Rent/year
of Story Floorage Completion Year RMB
(Square of the Month Year
meters) Building Month
(mm/yy)
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Company
------------------------------------------------------------------------------------------------------------------------------------
Baoding Radio
11 Material Qian Wei Road Brick/ 1 40.00 10 10000
Factory Concrete
------------------------------------------------------------------------------------------------------------------------------------
Zhi Chang Road,
Baoding Post Provincial Post
16 Office Branch and Telecom 187.00 74800 74800
Warehouse
------------------------------------------------------------------------------------------------------------------------------------
You Dian
17 Baoding Post Dormitory, Hong 20.00 8000 8000
Office Branch Xin Road
------------------------------------------------------------------------------------------------------------------------------------
No.3 Transfer
18 Baoding Post Building, 3 15.00 6000 6000
Office Branch Station
------------------------------------------------------------------------------------------------------------------------------------
19 Baoding Post Yu Dong Branch 20.00 8000 8000
Office Branch
------------------------------------------------------------------------------------------------------------------------------------
Mancheng
23 Shijing Base Bao Yang Shan 12.00 4800 4800
Station TV Station
------------------------------------------------------------------------------------------------------------------------------------
Laishui
51 Zhaogezhuang Zhaogezhuang 21.50 8600 8600
Machine Room
------------------------------------------------------------------------------------------------------------------------------------
Laishui
52 Yongyang Yongyang 15.30 6120 6120
Machine Room
------------------------------------------------------------------------------------------------------------------------------------
Laishui
54 Shiting Shiting 16.50 6600 6600
Machine Room
------------------------------------------------------------------------------------------------------------------------------------
56 Laishui Beiyian 15.00 6000 6000
Beiyian
------------------------------------------------------------------------------------------------------------------------------------
57 Zhuozhou Post Level 3 North 62.00 24800 24800
Office Building
------------------------------------------------------------------------------------------------------------------------------------
59 Zhuozhou Level 3 12.40 4960 4960
Gaoguanzhuang
------------------------------------------------------------------------------------------------------------------------------------
60 Zhuozhou Tao Tao RMB Street 220.00 88000 88000
RMB Street
------------------------------------------------------------------------------------------------------------------------------------
Zhuozhou
61 Tele-com Level 1 Telecom 20.00 8000 8000
Bureau Bureau
------------------------------------------------------------------------------------------------------------------------------------
Zhuozhou
62 Tele-com Level 2 Telecom 170.00 68000 68000
Bureau Bureau
------------------------------------------------------------------------------------------------------------------------------------
65 Zhuozhou Diaowo Telecom 16.40 6560 6560
Diaowo Bureau
------------------------------------------------------------------------------------------------------------------------------------
66 Zhuozhou Li LisuiRMB 26.28 10512 10512
Sui RMB Tele-com Branch
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
---------------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Rent/Square Leasing Lessor's Ownership Remarks
meter Contract Documentation
(X)
(RMB/year) Building Land Use Others
Title
---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Company
---------------------------------------------------------------------------------------------------------------------------------
Baoding Radio
11 Material Qian Wei Road 250.00
Factory
---------------------------------------------------------------------------------------------------------------------------------
Zhi Chang Road,
Baoding Post Provincial Post
16 Office Branch and Telecom 400.00
Warehouse
---------------------------------------------------------------------------------------------------------------------------------
You Dian
17 Baoding Post Dormitory, Hong 400.00
Office Branch Xin Road
---------------------------------------------------------------------------------------------------------------------------------
No.3 Transfer
18 Baoding Post Building, 400.00
Office Branch Station
---------------------------------------------------------------------------------------------------------------------------------
19 Baoding Post Yu Dong Branch 400.00
Office Branch
---------------------------------------------------------------------------------------------------------------------------------
Mancheng
23 Shijing Base Bao Yang Shan 400.00
Station TV Station
---------------------------------------------------------------------------------------------------------------------------------
Laishui
51 Zhaogezhuang Zhaogezhuang 400.00
Machine Room
---------------------------------------------------------------------------------------------------------------------------------
Laishui
52 Yongyang Yongyang 400.00
Machine Room
---------------------------------------------------------------------------------------------------------------------------------
Laishui
54 Shiting Shiting 400.00
Machine Room
---------------------------------------------------------------------------------------------------------------------------------
56 Laishui Beiyian 400.00
Beiyian
---------------------------------------------------------------------------------------------------------------------------------
57 Zhuozhou Post Level 3 North 400.00
Office Building
---------------------------------------------------------------------------------------------------------------------------------
59 Zhuozhou Level 3 400.00
Gaoguanzhuang
---------------------------------------------------------------------------------------------------------------------------------
60 Zhuozhou Tao Tao RMB Street 400.00
RMB Street
---------------------------------------------------------------------------------------------------------------------------------
Zhuozhou
61 Tele-com Level 1 Telecom 400.00
Bureau Bureau
---------------------------------------------------------------------------------------------------------------------------------
Zhuozhou
62 Tele-com Level 2 Telecom 400.00
Bureau Bureau
---------------------------------------------------------------------------------------------------------------------------------
65 Zhuozhou Diaowo Telecom 400.00
Diaowo Bureau
---------------------------------------------------------------------------------------------------------------------------------
66 Zhuozhou Li LisuiRMB 400.00
Sui RMB Tele-com Branch
---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 92
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
Name of the Property Owner: Hebei Mobile Communication
Company Baoding Branch
Appraisal Base date: June 30th, 2000
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Structure Number Leased Time of Lease Term Rent
of Story Floorage Completion (from _to_)
(Square of the
meters) Building
(mm/yy)
-----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
-----------------------------------------------------------------------------------------------------------------------
67 Zhuozhou Yihezhuang 31.68 12672
Yigezhuang Telecom Bureau
-----------------------------------------------------------------------------------------------------------------------
79 Gaobeidian Sizhuang 0.40 160
Sizhuang Telecom Bureau
-----------------------------------------------------------------------------------------------------------------------
94 Anxin Town Liulizhuang 1.00
Telecommunication
-----------------------------------------------------------------------------------------------------------------------
95 Anxin Town Post No.1 Building, 46.00
Office Town Bureau
-----------------------------------------------------------------------------------------------------------------------
96 Anxin Post No.3 Building, 31.00
Office Town Bureau
-----------------------------------------------------------------------------------------------------------------------
97 Anxin Post Santai 20.00
Office
-----------------------------------------------------------------------------------------------------------------------
98 Anxin Post Anzhou 20.00
Office
-----------------------------------------------------------------------------------------------------------------------
99 Anxin Post Luzhuang 10.00
Office
-----------------------------------------------------------------------------------------------------------------------
115 Dingxing Post Post Office 20.00 1988
Office
-----------------------------------------------------------------------------------------------------------------------
Dingxing Gaoli South of
116 Village Old Yishangying 20.00 1500
People's Home Village
-----------------------------------------------------------------------------------------------------------------------
128 Xushui Gaolin 107 Highway 19.80
Village
-----------------------------------------------------------------------------------------------------------------------
130 Shunping Station Gaoyuqu 36.00
-----------------------------------------------------------------------------------------------------------------------
134 Tang Town Baihe Baihe 5.00 2000
Base Station
-----------------------------------------------------------------------------------------------------------------------
135 Tang Town Baqie Baqie Clinic 28.00 11200
Base Station
-----------------------------------------------------------------------------------------------------------------------
Tang Town
136 Beidiantou Base Beidiantou Town 24.00 9600
Station Government
-----------------------------------------------------------------------------------------------------------------------
Wangdu Mobile
139 Base Station Caozhuang Post 15.00 6000
House Office
-----------------------------------------------------------------------------------------------------------------------
140 Wangdu Mobile Heibao Village 30.00 12000
-----------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Unit: RMB
-----------------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Rent/year Rent/Square Leasing Lessor's Ownership Remarks
RMB meter Contract Documentation
(X)
(RMB/year) Building Land Use Others
Title
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
-----------------------------------------------------------------------------------------------------------------------------------
67 Zhuozhou Yihezhuang 12672 400.00
Yigezhuang Telecom Bureau
-----------------------------------------------------------------------------------------------------------------------------------
79 Gaobeidian Sizhuang 160 400.00
Sizhuang Telecom Bureau
-----------------------------------------------------------------------------------------------------------------------------------
94 Anxin Town Liulizhuang 104 104.00
Telecommunication
-----------------------------------------------------------------------------------------------------------------------------------
95 Anxin Town Post No.1 Building, 2875 62.50
Office Town Bureau
-----------------------------------------------------------------------------------------------------------------------------------
96 Anxin Post No.3 Building, 1937.5 62.50
Office Town Bureau
-----------------------------------------------------------------------------------------------------------------------------------
97 Anxin Post Santai 1250 62.50
Office
-----------------------------------------------------------------------------------------------------------------------------------
98 Anxin Post Anzhou 1250 62.50
Office
-----------------------------------------------------------------------------------------------------------------------------------
99 Anxin Post Luzhuang 625 62.50
Office
-----------------------------------------------------------------------------------------------------------------------------------
115 Dingxing Post Post Office 1988 99.40
Office
-----------------------------------------------------------------------------------------------------------------------------------
Dingxing Gaoli South of
116 Village Old Yishangying 1500 75.00
People's Home Village
-----------------------------------------------------------------------------------------------------------------------------------
128 Xushui Gaolin 107 Highway 7920 400.00
Village
-----------------------------------------------------------------------------------------------------------------------------------
130 Shunping Station Gaoyuqu 14400 400.00
-----------------------------------------------------------------------------------------------------------------------------------
134 Tang Town Baihe Baihe 2000 400.00
Base Station
-----------------------------------------------------------------------------------------------------------------------------------
135 Tang Town Baqie Baqie Clinic 11200 400.00
Base Station
-----------------------------------------------------------------------------------------------------------------------------------
Tang Town
136 Beidiantou Base Beidiantou Town 9600 400.00
Station Government
-----------------------------------------------------------------------------------------------------------------------------------
Wangdu Mobile
139 Base Station Caozhuang Post 6000 400.00
House Office
-----------------------------------------------------------------------------------------------------------------------------------
140 Wangdu Mobile Heibao Village 12000 400.00
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 93
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Structure Number Leased Time of Lease Term Rent Rent/year
of Story Floorage Completion (from _to_) RMB
(Square of the
meters) Building
(mm/yy)
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
------------------------------------------------------------------------------------------------------------------------------------
Base Station Dongyangqiu1
House
------------------------------------------------------------------------------------------------------------------------------------
141 Li Town Liushi Liushi Village 45.00 18000 18000
------------------------------------------------------------------------------------------------------------------------------------
146 Li Town SangRMB SangRMB Village 30.00 12000 12000
------------------------------------------------------------------------------------------------------------------------------------
147 Li Town Guodan Guodan Village 10.00 4000 4000
------------------------------------------------------------------------------------------------------------------------------------
148 Li Town Xinxing Xinxing Village 60.00 20000 20000
------------------------------------------------------------------------------------------------------------------------------------
149 Li Town Nanzhuang 10.00 4000 4000
Nanzhuang Village
------------------------------------------------------------------------------------------------------------------------------------
151 Li Town Zhaozhuang 20.00 8000 8000
Zhaozhuang
------------------------------------------------------------------------------------------------------------------------------------
152 Gaoyang Xiguan Jian Xin Road 80.00 25000 25000
Sales
------------------------------------------------------------------------------------------------------------------------------------
153 Gaoyang Xingnan Xingnan Village 48.00 2500 2500
Base Station Government
------------------------------------------------------------------------------------------------------------------------------------
154 Gaoyang Xingnan Xingnan Village 82.00 1000 1000
Base Station Government
------------------------------------------------------------------------------------------------------------------------------------
160 Gaoyang Xiyan Xiyan Village 22.00 1627.3 1627.34
Base Station
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Rent/Square Leasing Lessor's Ownership Remarks
meter Contract Documentation
(X)
(RMB/year) Building Land Use Others
Title
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
-----------------------------------------------------------------------------------------------------------------------------------
Base Station Dongyangqiu1
House
-----------------------------------------------------------------------------------------------------------------------------------
141 Li Town Liushi Liushi Village 400.00
-----------------------------------------------------------------------------------------------------------------------------------
146 Li Town SangRMB SangRMB Village 400.00
-----------------------------------------------------------------------------------------------------------------------------------
147 Li Town Guodan Guodan Village 400.00
-----------------------------------------------------------------------------------------------------------------------------------
148 Li Town Xinxing Xinxing Village 333.33
-----------------------------------------------------------------------------------------------------------------------------------
149 Li Town Nanzhuang 400.00
Nanzhuang Village
-----------------------------------------------------------------------------------------------------------------------------------
151 Li Town Zhaozhuang 400.00
Zhaozhuang
-----------------------------------------------------------------------------------------------------------------------------------
152 Gaoyang Xiguan Jian Xin Road 312.50
Sales
-----------------------------------------------------------------------------------------------------------------------------------
153 Gaoyang Xingnan Xingnan Village 52.08
Base Station Government
-----------------------------------------------------------------------------------------------------------------------------------
154 Gaoyang Xingnan Xingnan Village 12.20
Base Station Government
-----------------------------------------------------------------------------------------------------------------------------------
160 Gaoyang Xiyan Xiyan Village 73.97
Base Station
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 94
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Company Appraisal Base date: June 30th, 2000
Baoding Branch
-----------------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Struct- Number Leased Time of Lease Term Rent Rent/
ure of Floorage Completion _ Year year
Story (Square of the _Month_Year RMB
meters) Building _ Month
(mm/yy)
-------- ------------------- ------------------------ -------- ------ ------- --------- ------------ -------- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
165 Boye Tonlian Post Tonglian Village 20.00 1320 1320
Office Branch
-----------------------------------------------------------------------------------------------------------------------------------
166 Anguo Jin Rong Jin Rong Street 51.84 20736 20736
Street
-----------------------------------------------------------------------------------------------------------------------------------
167 Anguo Qizhou Road Qizhou Road 46.99 2255.5 2255.52
-----------------------------------------------------------------------------------------------------------------------------------
171 Anguo Dawangnu Dawangnu 20.00 8000 8000
-----------------------------------------------------------------------------------------------------------------------------------
172 Anguo Xi'an Guocheng Xi'anguocheng 20.00 8000 8000
-----------------------------------------------------------------------------------------------------------------------------------
173 Anguo Shifo Shifo 11.00 528 528
-----------------------------------------------------------------------------------------------------------------------------------
174 Anguo Xicuizhang Xicuizhang 20.00 8000 8000
-----------------------------------------------------------------------------------------------------------------------------------
175 Dingzhou Inside the Town 15.00 6000 6000
-----------------------------------------------------------------------------------------------------------------------------------
176 Dingzhou Inside the Town 16.00 6400 6400
-----------------------------------------------------------------------------------------------------------------------------------
177 Dingzhou Dongting Dongting 32.00 12800 12800
-----------------------------------------------------------------------------------------------------------------------------------
178 Dingzhou Daxinzhuang Daxinzhuang 31.00 12400 12400
-----------------------------------------------------------------------------------------------------------------------------------
179 Dingzhou Inside the Town 116.00 46400 46400
-----------------------------------------------------------------------------------------------------------------------------------
180 Dingzhou Daluzhuang Daluzhuang 15.00 6000 6000
-----------------------------------------------------------------------------------------------------------------------------------
181 Dingzhou Qingfengdian 38.00 15200 15200
Qingfengdian
-----------------------------------------------------------------------------------------------------------------------------------
182 Dingzhou Liuzao Liuzao 40.00 16000 16000
-----------------------------------------------------------------------------------------------------------------------------------
183 Dingzhou Ziwei Ziwei 39.00 15600 15600
-----------------------------------------------------------------------------------------------------------------------------------
184 Dingzhou Zhuanlu Zhuanlu 40.00 16000 16000
-----------------------------------------------------------------------------------------------------------------------------------
185 Dingzhou Neihua Neihua 37.00 14800 14800
-----------------------------------------------------------------------------------------------------------------------------------
186 Dingzhou Mingyuedian Mingyuedian 31.00 12400 12400
-----------------------------------------------------------------------------------------------------------------------------------
187 Dingzhou ZhouVillage Zhou Villge 24.00 9600 9600
-----------------------------------------------------------------------------------------------------------------------------------
188 Dingzhou Gaopeng Gaopeng 35.00 14000 14000
-----------------------------------------------------------------------------------------------------------------------------------
189 Dingzhou Xingyi Xingyi 45.00 18000 18000
-----------------------------------------------------------------------------------------------------------------------------------
190 Dingzhou Xingyi Xingyi 20.00 8000 8000
-----------------------------------------------------------------------------------------------------------------------------------
191 Dingzhou Xingyi Xingyi 41.00 16400 16400
-----------------------------------------------------------------------------------------------------------------------------------
192 Dingzhou Xingyi Xingyi 41.00 16400 16400
-----------------------------------------------------------------------------------------------------------------------------------
193 Dingzhou Gaopeng Gaopeng 41.00 16400 16400
-----------------------------------------------------------------------------------------------------------------------------------
194 Dingzhou Dingzhou 41.00 16400 16400
-----------------------------------------------------------------------------------------------------------------------------------
195 Dingzhou Liqingu Liqingu 53.00 21200 21200
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Company
Baoding Branch Unit: RMB
-------------------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Rent/Square Leasing Lessor's Ownership Remarks
meter Contract Documentation
----------- (x) --------------------------
(RMB/year) Building Land Others
Title Use
------ ------------------- ------------------------ ------------- ------- --------- --------- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
165 Boye Tonlian Post Tonglian Village 66.00
Office Branch
-------------------------------------------------------------------------------------------------------------------------
166 Anguo Jin Rong Jin Rong Street 400.00
Street
-------------------------------------------------------------------------------------------------------------------------
167 Anguo Qizhou Road Qizhou Road 48.00
-------------------------------------------------------------------------------------------------------------------------
171 Anguo Dawangnu Dawangnu 400.00
-------------------------------------------------------------------------------------------------------------------------
172 Anguo Xi'an Guocheng Xi'anguocheng 400.00
-------------------------------------------------------------------------------------------------------------------------
173 Anguo Shifo Shifo 48.00
-------------------------------------------------------------------------------------------------------------------------
174 Anguo Xicuizhang Xicuizhang 400.00
-------------------------------------------------------------------------------------------------------------------------
175 Dingzhou Inside the Town 400.00
-------------------------------------------------------------------------------------------------------------------------
176 Dingzhou Inside the Town 400.00
-------------------------------------------------------------------------------------------------------------------------
177 Dingzhou Dongting Dongting 400.00
-------------------------------------------------------------------------------------------------------------------------
178 Dingzhou Daxinzhuang Daxinzhuang 400.00
-------------------------------------------------------------------------------------------------------------------------
179 Dingzhou Inside the Town 400.00
-------------------------------------------------------------------------------------------------------------------------
180 Dingzhou Daluzhuang Daluzhuang 400.00
-------------------------------------------------------------------------------------------------------------------------
181 Dingzhou Qingfengdian 400.00
Qingfengdian
-------------------------------------------------------------------------------------------------------------------------
182 Dingzhou Liuzao Liuzao 400.00
-------------------------------------------------------------------------------------------------------------------------
183 Dingzhou Ziwei Ziwei 400.00
-------------------------------------------------------------------------------------------------------------------------
184 Dingzhou Zhuanlu Zhuanlu 400.00
-------------------------------------------------------------------------------------------------------------------------
185 Dingzhou Neihua Neihua 400.00
-------------------------------------------------------------------------------------------------------------------------
186 Dingzhou Mingyuedian Mingyuedian 400.00
-------------------------------------------------------------------------------------------------------------------------
187 Dingzhou ZhouVillage Zhou Villge 400.00
-------------------------------------------------------------------------------------------------------------------------
188 Dingzhou Gaopeng Gaopeng 400.00
-------------------------------------------------------------------------------------------------------------------------
189 Dingzhou Xingyi Xingyi 400.00
-------------------------------------------------------------------------------------------------------------------------
190 Dingzhou Xingyi Xingyi 400.00
-------------------------------------------------------------------------------------------------------------------------
191 Dingzhou Xingyi Xingyi 400.00
-------------------------------------------------------------------------------------------------------------------------
192 Dingzhou Xingyi Xingyi 400.00
-------------------------------------------------------------------------------------------------------------------------
193 Dingzhou Gaopeng Gaopeng 400.00
-------------------------------------------------------------------------------------------------------------------------
194 Dingzhou Dingzhou 400.00
-------------------------------------------------------------------------------------------------------------------------
195 Dingzhou Liqingu Liqingu 400.00
</TABLE>
<PAGE> 95
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Company Appraisal Base date: June 30th, 2000 Unit: RMB
Baoding Branch
------------------------------------------------------------------ --------------------------------------------------------
No. Name of Building Detailed Address Struct- Number Leased Time of Lease Term Rent Rent/
ure of Floorage Completion (from _ year
Story (Square of the to __) RMB
meters) Building
(mm/yy)
-------- ---------------------- --------------- ------ ------ ------ ------- --------- ------ ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
196 DingzhouKening-dian Keningdian 15.00 6000 6000
------------------------------------------------------------------ --------------------------------------------------------
197 Dingzhou Dingzhou 14.50 5800 5800
------------------------------------------------------------------ --------------------------------------------------------
198 Dingzhou Xizhong Xizhong 20.00 8000 8000
------------------------------------------------------------------ --------------------------------------------------------
199 Dingzhou Shizhuang Shizhuang 23.00 9200 9200
------------------------------------------------------------------ --------------------------------------------------------
200 Quyang Yi Zhan Inside the 20.00 8000 8000
Machine Room Town
------------------------------------------------------------------ --------------------------------------------------------
202 Quyang Lingshan Lingshan 10.00 4000 4000
Machine Room Village
------------------------------------------------------------------ --------------------------------------------------------
205 Quyang Yanzhao Base Yanzhao 5.00 2000 2000
Station Village
------------------------------------------------------------------ --------------------------------------------------------
207 Quyang Xiahe Base Xiahe Village 5.00 2000 2000
Station
------------------------------------------------------------------ --------------------------------------------------------
208 Quyang Xiaolin Base Xiaolin 5.00 2000 2000
Station Village
------------------------------------------------------------------ --------------------------------------------------------
210 Quyang Dangcheng Base Zhaili Village 5.00 2000 2000
Station
------------------------------------------------------------------ --------------------------------------------------------
214 Fuping Chengnan-zhuang Chengnanzhuang 24.00 1800 1800
------------------------------------------------------------------ --------------------------------------------------------
215 Fuping Xiaopaishan Xiaopaishan 30.50 2287.5 2287.5
------------------------------------------------------------------ --------------------------------------------------------
Total 3042.09 #######
------------------------------------------------------------------ --------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Name of the Property Owner: Hebei Mobile Communication Company
Baoding Branch
----------------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Rent/Square Leasing Lessor's Ownership Remarks
meter Contract Documentation
----------- (x) --------------------------
(RMB/year) Building Land Others
Title Use
-------- ---------------------- --------------- ----------- -------- ------- ------- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
196 DingzhouKening-dian Keningdian 400.00
----------------------------------------------------------------------------------------------------------------
197 Dingzhou Dingzhou 400.00
----------------------------------------------------------------------------------------------------------------
198 Dingzhou Xizhong Xizhong 400.00
----------------------------------------------------------------------------------------------------------------
199 Dingzhou Shizhuang Shizhuang 400.00
----------------------------------------------------------------------------------------------------------------
200 Quyang Yi Zhan Inside the 400.00
Machine Room Town
----------------------------------------------------------------------------------------------------------------
202 Quyang Lingshan Lingshan 400.00
Machine Room Village
----------------------------------------------------------------------------------------------------------------
205 Quyang Yanzhao Base Yanzhao 400.00
Station Village
----------------------------------------------------------------------------------------------------------------
207 Quyang Xiahe Base Xiahe Village 400.00
Station
----------------------------------------------------------------------------------------------------------------
208 Quyang Xiaolin Base Xiaolin 400.00
Station Village
----------------------------------------------------------------------------------------------------------------
210 Quyang Dangcheng Base Zhaili Village 400.00
Station
----------------------------------------------------------------------------------------------------------------
214 Fuping Chengnan-zhuang Chengnanzhuang 75.00
----------------------------------------------------------------------------------------------------------------
215 Fuping Xiaopaishan Xiaopaishan 75.00
----------------------------------------------------------------------------------------------------------------
Total
----------------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for
mobile communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
<PAGE> 96
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BUSINESS PURPOSES
<TABLE>
<S> <C>
Name of the Property Owner: Hebei Mobile Communication Company Baoding Branch Appraisal Base date: June 30th, 2000
</TABLE>
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------
Leased Lease Term
Floorage Year Rent/year Leasing
No. Name of Building Detailed Address (Square Month Year Rent RMB Rent/Square Contract
meters) Month meter (X)
-----------
(RMB/year)
-----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1 Baoding Kang Cheng Trade and Yong Hua Nan Road,
Commercial Company Limited Baoding 292 73 146000 500
-----------------------------------------------------------------------------------------------------------------------------
2 Baoding No.1 Sweet, Tobacco and 148 Huan Xi,
Wine Company Baoding 1281 160 320000 250
-----------------------------------------------------------------------------------------------------------------------------
7 Baoding Post Office 25 Yu Hua Xi Road 186.2 74480 74480 400
-----------------------------------------------------------------------------------------------------------------------------
9 QingRMB Sales Office 18 Zhong Street 10 4000 4000 400
-----------------------------------------------------------------------------------------------------------------------------
10 Zhuozhou Post Office West Building 30 12000 12000 400
-----------------------------------------------------------------------------------------------------------------------------
11 Gaobeidian baigou Sales Office You Yi Lu Hotel 150 45000 45000 300
-----------------------------------------------------------------------------------------------------------------------------
13 Anguo Qi Zhou Road Qi Zhou Road 96.81 4646.9 4646.88 48
-----------------------------------------------------------------------------------------------------------------------------
14 Anguo Yaocheng Street Yao Cheng Street 14 5600 5600 400
-----------------------------------------------------------------------------------------------------------------------------
15 Anguo Yaoxiang Road Yao Xiang Road 74.25 8000 8000 108
-----------------------------------------------------------------------------------------------------------------------------
16 Dingzhou Inside the Town 88.7 35480 35480 400
-----------------------------------------------------------------------------------------------------------------------------
17 Dingzhou Inside the Town 43.8 17520 17520 400
-----------------------------------------------------------------------------------------------------------------------------
18 Ding Xing Da Xing Printing Factory Tong Xing Xi Road 285 42000 42000 147
-----------------------------------------------------------------------------------------------------------------------------
19 Shunping Mobile Sales Xiao Cheng Bei 234 32000 32000 137
-----------------------------------------------------------------------------------------------------------------------------
22 Li Town Inside the Town 230 57500 57500 250
-----------------------------------------------------------------------------------------------------------------------------
23 Li Town Chanxing Chanxing Village 50 20000 20000 400
-----------------------------------------------------------------------------------------------------------------------------
24 Li Town Inside the Town 66 26400 26400 400
-----------------------------------------------------------------------------------------------------------------------------
25 Li Town Inside the Town 116 46400 46400 400
-----------------------------------------------------------------------------------------------------------------------------
Total 3247.76 431260 897026.9
-----------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Unit: RMB
--------------------------------------------------------------------------------------------
Lessor's Ownership
No. Name of Building Detailed Address Documentation Remarks
----------------------
Building Land Others
Title Use
--------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
1 Baoding Kang Cheng Trade and Yong Hua Nan Road,
Commercial Company Limited Baoding
--------------------------------------------------------------------------------------------
2 Baoding No.1 Sweet, Tobacco and 148 Huan Xi,
Wine Company Baoding
--------------------------------------------------------------------------------------------
7 Baoding Post Office 25 Yu Hua Xi Road
--------------------------------------------------------------------------------------------
9 QingRMB Sales Office 18 Zhong Street
--------------------------------------------------------------------------------------------
10 Zhuozhou Post Office West Building
--------------------------------------------------------------------------------------------
11 Gaobeidian baigou Sales Office You Yi Lu Hotel
--------------------------------------------------------------------------------------------
13 Anguo Qi Zhou Road Qi Zhou Road
--------------------------------------------------------------------------------------------
14 Anguo Yaocheng Street Yao Cheng Street
--------------------------------------------------------------------------------------------
15 Anguo Yaoxiang Road Yao Xiang Road
--------------------------------------------------------------------------------------------
16 Dingzhou Inside the Town
--------------------------------------------------------------------------------------------
17 Dingzhou Inside the Town
--------------------------------------------------------------------------------------------
18 Ding Xing Da Xing Printing Factory Tong Xing Xi Road
--------------------------------------------------------------------------------------------
19 Shunping Mobile Sales Xiao Cheng Bei
--------------------------------------------------------------------------------------------
22 Li Town Inside the Town
--------------------------------------------------------------------------------------------
23 Li Town Chanxing Chanxing Village
--------------------------------------------------------------------------------------------
24 Li Town Inside the Town
--------------------------------------------------------------------------------------------
25 Li Town Inside the Town
--------------------------------------------------------------------------------------------
Total
--------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for mobile
communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
<PAGE> 97
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR OFFICE USE
<TABLE>
<S> <C>
Name of the Property Owner: Hebei Mobile Communication Company Baoding Branch Appraisal Base date: June 30th, 2000
</TABLE>
<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------------------------------
Time of Lease Term
Number Leased Floorage Completion of Year Rent/year
No. Name of Building Detailed Address Structure of Story (Square meters) the Building Month Year Rent RMB
(mm/yy) Month
----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 QingRMB Sales Office 18 Zhong Xin Street 84
----------------------------------------------------------------------------------------------------------------------------------
2 LaiRMB Town Tele-
com Bureau 2 Kai RMB Road 277.33
----------------------------------------------------------------------------------------------------------------------------------
3 LaiRMB Town
Insurance Company Guang Chang Street 72 12600 12600
----------------------------------------------------------------------------------------------------------------------------------
4 Zhuozhou Post Office North Building,
Post Office 300 120000 120000
----------------------------------------------------------------------------------------------------------------------------------
5 Gaobeidian Sales
Office 88 He Ping Road 2383 160000 160000
----------------------------------------------------------------------------------------------------------------------------------
8 Anguo Yao Du Zhong
Street Yao Du Zhong Street 255.38 12258 12258
----------------------------------------------------------------------------------------------------------------------------------
9 Anxin Town Bei Street 360 35000 35000
----------------------------------------------------------------------------------------------------------------------------------
10 Rongcheng Mobile Bei Street 183.96 22000 22000
----------------------------------------------------------------------------------------------------------------------------------
14 Quyang Gui Nan Street 1000
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
4915.67 361858
----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Unit: RMB
------------------------------------------------------------------------------------------------------
Leasing Lessor's Ownership
No. Name of Building Detailed Address Rent/Square Contract Documentation Remarks
meter (X)
----------- ----------------------
(RMB/year) Building Land Others
Title Use
---------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1 QingRMB Sales Office 18 Zhong Xin Street
---------------------------------------------------------------------------------------------------------
2 LaiRMB Town Tele-
com Bureau 2 Kai RMB Road
---------------------------------------------------------------------------------------------------------
3 LaiRMB Town
Insurance Company Guang Chang Street 175
---------------------------------------------------------------------------------------------------------
4 Zhuozhou Post Office North Building,
Post Office 400
---------------------------------------------------------------------------------------------------------
5 Gaobeidian Sales
Office 88 He Ping Road 67 160,000/YY
---------------------------------------------------------------------------------------------------------
8 Anguo Yao Du Zhong
Street Yao Du Zhong Street 48 leased
---------------------------------------------------------------------------------------------------------
9 Anxin Town Bei Street 97
---------------------------------------------------------------------------------------------------------
10 Rongcheng Mobile Bei Street 120 8 rooms
---------------------------------------------------------------------------------------------------------
14 Quyang Gui Nan Street
---------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for mobile
communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
<PAGE> 98
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<S> <C>
Name of the Property Owner: Hebei Mobile Communication Company Hengshui Branch Appraisal Base date: June 30th, 2000
</TABLE>
<TABLE>
<CAPTION>
-------------------------------------------------------------------------------------------------------------------------
Leased Time of Lease Term
No. Name of Building Detailed Address Structure Number Floorage Completion of Year Rent Rent/year
of Story (Square the Building Month Year RMB
meters) (mm/yy) Month
-------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Hengshui Ge Brick/
3 House Village Branch Wood 1 20 8000 8000
-------------------------------------------------------------------------------------------------------------------------
East Level 5
8 House City Telecom Frame 5 308.16 123264 123264
Bureau
-------------------------------------------------------------------------------------------------------------------------
16 House Jizhou Wu Village Brick/ 2 15 6000 6000
Concrete
-------------------------------------------------------------------------------------------------------------------------
19 Base Station House Weitun, Jizhou Brick/ 2 15 6000 6000
Concrete
-------------------------------------------------------------------------------------------------------------------------
20 Base Station House Guandaoli, Jizhou Brick/ 2 15 6000 6000
Concrete
-------------------------------------------------------------------------------------------------------------------------
25 Base Station House No.2 Station, Brick/ 1 5 2000 2000
Jizhou Wood
-------------------------------------------------------------------------------------------------------------------------
28 Base Station House Jianguo, Gucheng Brick/ 2 12 4800 4800
Concrete
-------------------------------------------------------------------------------------------------------------------------
31 Base Station House Xinzhuang, Gucheng Brick/ 2 27 10800 10800
Concrete
-------------------------------------------------------------------------------------------------------------------------
32 Base Station House Gucheng Town, Brick/ 2 40 16000 16000
Gucheng Concrete
-------------------------------------------------------------------------------------------------------------------------
33 Base Station House Raoyangdian, Brick/ 2 10 4000 4000
Gucheng Concrete
-------------------------------------------------------------------------------------------------------------------------
34 Base Station House Qinghan, Gucheng Brick/ 1 10 4000 4000
Wood
-------------------------------------------------------------------------------------------------------------------------
35 Base Station House Sanlang, Gucheng Brick/ 2 11 4400 4400
Concrete
-------------------------------------------------------------------------------------------------------------------------
36 Base Station House Zhaohang, Gucheng Brick/ 2 10 4000 4000
Concrete
-------------------------------------------------------------------------------------------------------------------------
38 Base Station House Wazizhuang, Gucheng Brick/ 1 20 8000 8000
Wood
-------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Unit: RMB
------------------------------------------------------------------------------------------------------
No. Name of Building Detailed Address Leasing
Rent/Square Contract Lessor's Ownership Remarks
meter (X) Documentation
----------- ----------------------
(RMB/year) Building Land Others
Title Use
------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
5 items
Hengshui Ge of office
3 House Village Branch 400 buildings
leasing
------------------------------------------------------------------------------------------------------
East Level 5
8 House City Telecom 400
Bureau
------------------------------------------------------------------------------------------------------
16 House Jizhou Wu Village 400
------------------------------------------------------------------------------------------------------
19 Base Station House Weitun, Jizhou 400
------------------------------------------------------------------------------------------------------
20 Base Station House Guandaoli, Jizhou 400
------------------------------------------------------------------------------------------------------
25 Base Station House No.2 Station, 400
Jizhou
------------------------------------------------------------------------------------------------------
28 Base Station House Jianguo, Gucheng 400
------------------------------------------------------------------------------------------------------
31 Base Station House Xinzhuang, Gucheng 400
------------------------------------------------------------------------------------------------------
32 Base Station House Gucheng Town, 400
Gucheng
------------------------------------------------------------------------------------------------------
33 Base Station House Raoyangdian, 400
Gucheng
------------------------------------------------------------------------------------------------------
34 Base Station House Qinghan, Gucheng 400
------------------------------------------------------------------------------------------------------
35 Base Station House Sanlang, Gucheng 400
------------------------------------------------------------------------------------------------------
36 Base Station House Zhaohang, Gucheng 400
------------------------------------------------------------------------------------------------------
38 Base Station House Wazizhuang, Gucheng 400
------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 99
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
-------------------------------------------------------------------------------------------------------------------------
44 Base Station House Zaoqiang Brick/ 2 20 8000 8000
Zhangxiutun Concrete
-------------------------------------------------------------------------------------------------------------------------
45 Base Station House Juanzi Brick/ 1 15 6000 6000
Wood
-------------------------------------------------------------------------------------------------------------------------
46 Base Station House Louzi Brick/ 1 15 6000 6000
Wood
-------------------------------------------------------------------------------------------------------------------------
47 Base Station House Encha Brick/ 1 8 3200 3200
Wood
-------------------------------------------------------------------------------------------------------------------------
54 Base Station House Quantou Brick/ 2 10 4000 4000
Concrete
-------------------------------------------------------------------------------------------------------------------------
55 Base Station House Qingliangdian Brick/ 2 10 4000 4000
Concrete
-------------------------------------------------------------------------------------------------------------------------
56 Base Station House Hanzhuang Brick/ 2 10 4000 4000
Concrete
-------------------------------------------------------------------------------------------------------------------------
60 Base Station House Raoyang Town Brick/ 2 21 8400 8400
Concrete
-------------------------------------------------------------------------------------------------------------------------
61 Base Station House Wugong Brick/ 2 30 12000 12000
Concrete
-------------------------------------------------------------------------------------------------------------------------
63 Base Station House Hefang Brick/ 1 20 8000 8000
Concrete
-------------------------------------------------------------------------------------------------------------------------
64 Base Station House Nanjingtang Brick/ 1 15 6000 6000
Concrete
-------------------------------------------------------------------------------------------------------------------------
66 Base Station House Yin Village Brick/ 2 15 6000 6000
Concrete
-------------------------------------------------------------------------------------------------------------------------
67 Base Station House Sigang Brick/ 2 20 8000 8000
Concrete
-------------------------------------------------------------------------------------------------------------------------
68 Base Station House Beizhangbao Brick/ 1 15 6000 6000
Wood
-------------------------------------------------------------------------------------------------------------------------
70 Base Station House Sunzhuang Brick/ 2 27 10800 10800
Concrete
-------------------------------------------------------------------------------------------------------------------------
71 Base Station House Dou Village Brick/ 2 27 10800 10800
Concrete
-------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
-----------------------------------------------------------------------------------------------------------------
44 Base Station House Zaoqiang Brick/ 400
Zhangxiutun Concrete
-----------------------------------------------------------------------------------------------------------------
45 Base Station House Juanzi Brick/ 400
Wood
-----------------------------------------------------------------------------------------------------------------
46 Base Station House Louzi Brick/ 400
Wood
-----------------------------------------------------------------------------------------------------------------
47 Base Station House Encha Brick/ 400
Wood
-----------------------------------------------------------------------------------------------------------------
54 Base Station House Quantou Brick/ 400
Concrete
-----------------------------------------------------------------------------------------------------------------
55 Base Station House Qingliangdian Brick/ 400
Concrete
-----------------------------------------------------------------------------------------------------------------
56 Base Station House Hanzhuang Brick/ 400
Concrete
-----------------------------------------------------------------------------------------------------------------
60 Base Station House Raoyang Town Brick/ 400
Concrete
-----------------------------------------------------------------------------------------------------------------
61 Base Station House Wugong Brick/ 400
Concrete
-----------------------------------------------------------------------------------------------------------------
63 Base Station House Hefang Brick/ 400
Concrete
-----------------------------------------------------------------------------------------------------------------
64 Base Station House Nanjingtang Brick/ 400
Concrete
-----------------------------------------------------------------------------------------------------------------
66 Base Station House Yin Village Brick/ 400
Concrete
-----------------------------------------------------------------------------------------------------------------
67 Base Station House Sigang Brick/ 400
Concrete
-----------------------------------------------------------------------------------------------------------------
68 Base Station House Beizhangbao Brick/ 400
Wood
-----------------------------------------------------------------------------------------------------------------
70 Base Station House Sunzhuang Brick/ 400
Concrete
-----------------------------------------------------------------------------------------------------------------
71 Base Station House Dou Village Brick/ 400
Concrete
-----------------------------------------------------------------------------------------------------------------
</TABLE>
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 100
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BASE STATIONS
<TABLE>
<S> <C>
Name of the Property Owner: Hebei Mobile Communication Company Hengshui Branch Appraisal Base date: June 30th, 2000
</TABLE>
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------------
Leased Time of Lease Term Rent/Square Leasing
No. Name of Detailed Structure Number Floorage Completion of Year Rent Rent/year meter Contract
Building Address of Story (Square the Building Month Year RMB (RMB/year) (X)
meters) (mm/yy) Month
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
72 Base Station Shawa Brick/Wood 1 7.68 3072 3072 400
-----------------------------------------------------------------------------------------------------------------------------------
77 Base Station Longhua Brick/ 2 10 4000 4000 400
Concrete
-----------------------------------------------------------------------------------------------------------------------------------
79 Base Station Wanggansi Brick/ 2 10 4000 4000 400
Concrete
-----------------------------------------------------------------------------------------------------------------------------------
83 Base Station Beiliuzhi Brick/ 2 10 4000 4000 400
Concrete
-----------------------------------------------------------------------------------------------------------------------------------
84 Base Station Liuji Brick/ 2 10 4000 4000 400
Concrete
-----------------------------------------------------------------------------------------------------------------------------------
85 Base Station Liangji Brick/ 2 10 4000 4000 400
Concrete
-----------------------------------------------------------------------------------------------------------------------------------
86 Base Station Anling Brick/ 2 10 4000 4000 400
Concrete
-----------------------------------------------------------------------------------------------------------------------------------
90 Base Station Xiwa Brick/ 2 20 8000 8000 400
Concrete
-----------------------------------------------------------------------------------------------------------------------------------
91 Base Station Liukou Brick/Wood 2 20 8000 8000 400
-----------------------------------------------------------------------------------------------------------------------------------
92 Base Station Hezhuang Brick/Wood 2 20 8000 8000 400
-----------------------------------------------------------------------------------------------------------------------------------
93 Base Station Nanwangzhuang Brick/ 2 20 8000 8000 400
Concrete
-----------------------------------------------------------------------------------------------------------------------------------
96 Base Station Qianmotou Brick/ 2 9.74 3896 3896 400
Concrete
-----------------------------------------------------------------------------------------------------------------------------------
97 Base Station Weiqiao Brick/ 2 17.28 6912 6912 400
Concrete
-----------------------------------------------------------------------------------------------------------------------------------
98 Base Station Yuke Brick/Wood 1 13.14 5256 5256 400
-----------------------------------------------------------------------------------------------------------------------------------
99 Base Station Chenshi Brick/ 1 17.14 6856 6856 400
Concrete
-----------------------------------------------------------------------------------------------------------------------------------
100 Base Station Tangfeng Brick/Wood 1 13.4 5360 5360 400
-----------------------------------------------------------------------------------------------------------------------------------
Total 1014.54 405816.00 18400.00
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Unit: RMB
-----------------------------------------------------------------
No. Name of Detailed Lessor's Ownership Remarks
Building Address Documentation
----------------------
Building Land Others
Title Use
-----------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
72 Base Station Shawa
-----------------------------------------------------------------
77 Base Station Longhua
-----------------------------------------------------------------
79 Base Station Wanggansi
-----------------------------------------------------------------
83 Base Station Beiliuzhi
-----------------------------------------------------------------
84 Base Station Liuji
-----------------------------------------------------------------
85 Base Station Liangji
-----------------------------------------------------------------
86 Base Station Anling
-----------------------------------------------------------------
90 Base Station Xiwa
-----------------------------------------------------------------
91 Base Station Liukou
-----------------------------------------------------------------
92 Base Station Hezhuang
-----------------------------------------------------------------
93 Base Station Nanwangzhuang
-----------------------------------------------------------------
96 Base Station Qianmotou
-----------------------------------------------------------------
97 Base Station Weiqiao
-----------------------------------------------------------------
98 Base Station Yuke
-----------------------------------------------------------------
99 Base Station Chenshi
-----------------------------------------------------------------
100 Base Station Tangfeng
-----------------------------------------------------------------
Total
-----------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for mobile
communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 101
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BUSINESS PURPOSES
<TABLE>
<S> <C>
Name of the Property Owner: Hebei Mobile Communication Company Hengshui Branch Appraisal Base date: June 30th, 2000
</TABLE>
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------------
Time of Rent/Square
Leased Completion meter Leasing
No. Name of Detailed Address Structure Number Floorage of the Lease Term Rent Rent/year ----------- Contract
Building of Story (Square Building (from _ to _) RMB (RMB/year) (X)
meters) (mm/yy)
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
6 Office 4 Xin Hua Road, Brick/ 5 1270 450000 450000 354
Hengshui City Concrete
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
1270 450000 450000
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Unit: RMB
----------------------------------------------------------------
No. Name of Detailed Address Lessor's Ownership Remarks
Building Documentation
----------------------
Building Land Others
Title Use
----------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
6 Office 4 Xin Hua Road,
Hengshui City
----------------------------------------------------------------
----------------------------------------------------------------
----------------------------------------------------------------
----------------------------------------------------------------
----------------------------------------------------------------
----------------------------------------------------------------
----------------------------------------------------------------
----------------------------------------------------------------
----------------------------------------------------------------
----------------------------------------------------------------
----------------------------------------------------------------
----------------------------------------------------------------
----------------------------------------------------------------
----------------------------------------------------------------
----------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for mobile
communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
<PAGE> 102
INVENTORY AND VALUATION OF BUILDINGS AND PROPERTIES LEASED FOR BUSINESS PURPOSES
<TABLE>
<S> <C>
Name of the Property Owner: Hebei Mobile Communication Company Hengshui Branch Appraisal Base date: June 30th, 2000
</TABLE>
<TABLE>
<CAPTION>
-------------------------------------------------------------------------------------------------------------------------------
Time of
Number Leased Floorage Completion of Lease Term Rent/year
No. Name of Building Detailed Address Structure of Story (Square meters) the Building (from _ to _) Rent RMB
(mm/yy)
-------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
9 Sales offices RMB Da Group Sales Brick/ 4 90 37800 37800
Office Concrete
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
90 37800 37800
-------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Unit: RMB
-------------------------------------------------------------------------------------------------
Leasing
No. Name of Building Detailed Address Rent/Square Contract Lessor's Ownership Remarks
meter (X) Documentation
----------- ----------------------
(RMB/year) Building Land Others
Title Use
-------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
9 Sales offices RMB Da Group Sales 420
Office
-------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------
</TABLE>
Notes: 1) This form is specifically for auxiliary buildings leased for mobile
communications;
2) Please provide copies of leasing contracts for buildings in respect
of which leasing contracts have been signed;
3) Please fill in the "Remarks" if necessary.
Assessed by: Zhongzi Assets Appraisal Office Chesterton Petty Limited
