1. Registration process
1.1 Registration Procedure
1.1.1 Log in the "Ship Trade Center" platform, namely "SHIPBID.NET" for users’ registration and real-name authentication.
Natural persons, legal persons and unincorporated organizations must register on the "SHIPBID.NET" before registration.
(see the users’ guide, https://www.shipbid.net/regist.html?jumpPath=https%3a%2f%2fwww.shipbid.net%2fPPXXList.aspx%3fTB_PMLX%3d0)
1.1.2 Enter the details of the intended target, click the "application for bidding" button, fill in the relevant information according to the specific requirements of the project, upload the materials, complete the registration and pay the bidding deposit in accordance with the information disclosure requirements.
The interested bidder shall pay the bidding deposit to the depository bank of the "Ship Trade Center" platform in accordance with the information disclosure requirements of the registered project. The operation path is: SHIPBID.NET - Select the lot - make payment according to the requirements of the corresponding account - The system will automatically review according to the actual receipt of the account. (Note: The completion of the payment order does not mean that the interested bidder has obtained the bidding qualification. If the final bidding qualification is not confirmed, the bidding deposit paid by the interested bidder will be returned in full without interest.)
1.2 Qualification for quotation
The interested bidder that meets the requirements of the transferee indicated in this announcement or relevant regulations can actually participate in the quotation activities after passing the qualification examination in accordance with the required text for the registration of the interested bidder in the "Ship Trade Center" of Zhejiang Property & Stock Exchange Co., Ltd and completing the payment of the bidding deposit on the platform of the "Ship Trade Center". Bidders can check the qualification of their quotations in the "Ship Trade Center".
2 Trading Instructions
2.1 Dynamic quotation trading instructions
2.1.1 Definitions
Dynamic quotation: refers to the date of information disclosure of the target transaction, according to the relevant disclosure announcement, organize the bidders’ to compete the target through the "Ship Trade Center" platform. During the quotation period of the target transaction, the competitive bidders can log in the "Ship Trade Center" platform at any time to participate in the quotation of the target transaction. In the case of dynamic quotation, in accordance with the principle of "price priority, time priority", the highest valid quotation after the expiration of the quotation period (if there is a reserve price, it must not be lower than the reserve price, the same below) shall be the transferee. Involving the original leaseholder, other owners of the property community, etc. (the aforementioned legal preemption right, preemption right, or legal provisions enjoying, for example, the preferential purchase right of the property owner's parking space, all the subjects enjoying prior or prior to other interested parties or the opposite party of the transaction due to legal provisions (hereinafter referred to as the "Ship Trade Center") exercising priority matters, except unless the priority person exercises the priority matter, the highest bidder is the transferee).
Listing: refers to the behavior of property rights trading institutions entrusted by the transferor to publicly solicit interested bidders on the subject through the "Ship Trade Center" platform. This project is simultaneously listed on the "Ship Trade Center" platform.
Bidding deposit: refers to the deposit paid by the interested bidders in accordance with the requirements of the transferor for the bidding activity before it starts in order to ensure the safety and effectiveness of the bidding activity.
Interested bidders: refers to the intended bidder who intends to enter the quotation hall of the "Ship Trade Center" platform to participate in the quotation activities, but has not yet obtained the qualification for quotation.
Quotation qualification: refers to the qualification of the interested bidder that meets the requirements of the transferee indicated in this announcement or relevant regulations and can actually participate in the quotation activities after passing the qualification examination in accordance with the text required for the registration of the interested bidder in the "Ship Trade Center" and completing the payment of the bidding deposit on the platform of the "Ship Trade Center".
Competitive bidder: means the interested bidder that has obtained the qualification to quote the transaction target.
Transferee: means the competitive bidder who wins the bid with the highest valid offer.
2.1.2 Bidding description
2.1.2.1 The "Dynamic Quotation Trading Instructions" (hereinafter referred to as "Trading Instructions") is formulated in accordance with relevant laws and regulations.
2.1.2.2 Interested parties participating in this dynamic quotation activity shall carefully read, be aware of and comply with the provisions of this Transaction Notice.
2.1.2.3 Please refer to the "e.zjpse.com" platform and the "Ship Trade Center" platform for information disclosure. If there is any error between the disclosed information and the current situation of the target and the actual situation of the quotation system, the valid documents and the actual situation shall prevail. The introduction of the target (including the name, text description and other relevant information of the target) on the platform of "e.zjpse.com" and "Ship Trade Center" is completely based on the information provided by the transferor/lessor. It is a general introduction and is only for reference, and does not constitute a guarantee of the state, quality and defects of the target. The defects of the target do not affect the total transaction price. All descriptions and interpretations of the subject target by the staff are for reference only and do not have any legal effect; "e.zjpse.com" and "Ship Trade Center" platform have fully and truthfully disclosed the subject target information provided by the transferor/lessor, which does not mean that all defects of the subject matter, especially hidden defects, can be fully revealed.
The descriptive words of the subject target such as the name stated in the transaction authentication documents issued by Zhejiang Property &Stock Exchange Co., Ltd and the relevant target invoice shall not constitute a guarantee of the state, quality or defect of the subject matter.
2.1.2.4 The Platform of "e.zjpse.com" and "Ship Trade Center" require the interested bidders to carefully examine the target and read the instructions, understand all the conditions of the target by themselves through various parties, and make their own judgment on the possible defects of the target and possible problems in the future. The interested bidders’ participation in the quotation indicates the recognition and acceptance of the current status of the subject target and all defects of the subject target, and the interested bidders shall bear all legal liabilities for the result of the transaction. "e.zjpse.com" and "Ship Trade Center" platform hereby solemnly declare that they do not bear any responsibility for the defects of the target and not assume guarantee responsibility for the quality of the target. The interested bidders shall, by themself or by a designated person, understand the conditions of the subject target, make careful judgments, and bear the transaction risks by themself.
2.1.2.5 The interested bidder shall carefully read the disclosure contents involved in the project, including but not limited to the registration documents, and have the responsibility to understand the status of the target by themself and carefully inspect or conduct due diligence on the target (the transferor/Lessor shall be responsible for organizing or assisting the interested bidders to inspect or conduct due diligence on the target). If there is any objection to the target, it should be raised before submitting the registration document. After submitting the registration documents and paying the bidding deposit, the interested bidders shall be deemed to have read and fully recognized the contents disclosed in the project and completed the review or due diligence of the subject target, indicating that it has fully understood and voluntarily accepted all the status quo and defects of the subject target, does not raise objections to the contents of the registration documents in any form, and voluntarily assumes all transaction risks. After the interested bidder has registered for bidding, it shall not back out for any reason such as failing to consult in advance, and the responsibility shall be borne by the interested bidders.
2.1.2.6 If the interested bidders are joint bidders, the consortium members shall sign a joint bidding agreement; The agreement shall specify the proportion of the consortium members to be transferred, specify the lead person of the joint bidding, and the lead person shall be responsible for handling the specific bidding matters. A member of a consortium may no longer participate in bidding separately in its own name, nor may it become a member of another consortium at the same time. (The project does not prohibit joint bidding applies).
2.1.2.7 If the project involves the right holder who does not give up the right of priority (including but not limited to the original lessee's right of priority to purchase and the original lessee's right of priority to lease, etc.), the right holder who does not give up the right of priority (hereinafter referred to as "the right holder") shall register on time, pay the bidding deposit, and enter the dynamic quotation system for quotation. (Applicable when the project involves priority)
2.1.2.8 If the transferee fails to sign the transaction contract with the transferor and fulfill the relevant obligations according to the quoted price and the conditions and requirements stipulated in the listing announcement of the subject target within the time specified in the information disclosure of the platform of "e.zjpse.com" and "Ship Trade Center" after the completion of the project, it shall bear all legal liabilities. The balance of the bidding deposit paid after deducting the transaction service fee shall not be refunded, and shall be used in turn to pay the loss caused by the dynamic quotation activities and make up the difference between the re-listing transaction price and the transaction price of this transaction price (except for force majeure factors or reasons of the transferor).
The judgment of the breach of contract in this article shall be subject to the final and effective judgment made by the people's court or the competent arbitration institution, or to the conclusion reached by the parties to the transaction, and Zhejiang Property & Stock Exchange and “Ship Trade Center” shall handle the bidding deposit accordance with the above materials strictly .
If the relevant judicial, law enforcement or administrative authorities explicitly issue written materials requiring the bidding deposit to be disposed of separately, Zhejiang Property &Stock Exchange and “Ship Trade Center” shall dispose of the bidding deposit strictly accordance with the requirements of the above authorities.
2.1.2.9 If the target is re-listed due to the abandonment of the assignment by the designated transferee in breach of contract, the defaulting transferee shall not participate in the registration.
2.1.2.10 The handover of the subject matter and other procedures after the completion of the project shall be handled by the transferee and the transferor/lessor in accordance with the announcement, the agreement of the transaction contract and other relevant provisions. Zhejiang Property & Stock Exchange and “Ship Trade Center” do not withhold taxes and fees payable by the parties concerned.
2.1.2.11 The price amount of all bidding objects shall be denominated in RMB.
2.1.3 Bidding rules
2.1.3.1 The dynamic quotation shall be made in accordance with the information disclosure time of "e.zjpse.com" and "Ship Trade Center" platform.
2.1.3.2 The bidding method of this dynamic quotation activity is free quotation + limited time quotation. The dynamic quotation process is composed of free quotation period and limited quotation period. The competing bidders can offer in the free quotation period or in the limited quotation period. Quotation according to the principle of time priority and price priority, the first quotation cannot be lower than the starting price, and the next quotation must be higher than the last quotation. The amount of increase for each quotation can be found on the quotation page.
The bidder shall offer the price with caution, and the offer shall take effect immediately upon confirmation of the transaction order entered into the dynamic quotation system, and cannot be changed or withdrawn.
Free quote. The free quotation period starts from the time the free quotation starts to the time the limited quotation starts.
When the free quotation period ends, it automatically enters the time limit quotation period.
Offer for a limited time. The time limit quotation period starts from the time limit quotation starts to the time limit quotation ends.
The time limit quotation does not limit the number of quotation cycles, the time limit of quotation cycles can be seen on the quotation page. If there is an offer within the quotation cycle, the countdown of a new quotation cycle will start, and so on, until no competing bidder offers within a complete quotation cycle, and the time limit quotation ends. If the project does not involve the result of the exercise of the right of the priority person, and there is no price increase by the competing bidder within this limited bidding cycle time, the highest bid in the last round is the transaction price, the highest valid bid buyer is the transferee of this subject, and the bidding activity for this subject ends. After the quotation is finished, the system will automatically pop up the result. If the project involves the result of the exercise of the right of the priority person, the transferee is determined according to the Special Provision.
If no offer is made during the offer period, the latest offer column will display no offer. If no offer is displayed in this column until the end of the offer campaign, it will be deemed that all bidders have automatically abandoned their offer.
2.1.3.3 Details of the handling of deposit and the priority rights rules are set out in the Special Provisions.
2.1.3.4 The transferee shall sign the Scrap Ship Sale Contract (Sample Draft) with the transferor as attached on the website within the time specified for the information disclosure of the Platform and "Ship Trade Center”. After the completion of the bidding, the transferee shall not be changed. In addition to the relevant information of the transferee and the "price" clause and other hand-written terms in the transaction contract, other terms have been determined and cannot be modified.
2.1.3.5 After the end of the bidding activities, if the bidder is not identified as the transferee, and there is no situation in which the bidding deposit should be deducted or not returned according to the provisions of the trading Instructions, the bidding deposit submitted by the bidder shall be handled according to the Special Provision.
2.1.3.6 The Transferor has the right to withdraw the subject target before the commencement of the time-limited quotation. If the transferor withholds the subject target because of force majeure or objectively necessary reasons, the platform of "e.zjpse.com" and "Ship Trade Center" (with the consent of Zhejiang Property & Stock ) have the right to cancel or postpone this dynamic quotation activity, and the loss caused to the competing bidders shall be borne by the competing bidders themselves. The competing bidders shall not claim interest on the bidding deposit and any other expenses and liabilities from the transferor, Zhejiang Property & Stock Exchange and "ship Trade Center".
2.2 Online bidding trading instructions
2.2.1 Definition
Online bidding: refers to the trading target information disclosure period, when there is a qualified bidder, according to the announcement of the bidding method, through the "Ship Trade Center" platform to organize the bidder compete for the target behavior. After obtaining the qualification for quotation, the interested bidder can log in the "Ship Trade Center" platform to participate in the quotation of the trading target during the quotation period, and make an incremental quotation in accordance with the principle of "price priority and time priority". The highest valid quotation after the expiration of the quotation period (if there is a reserve price, it must not be lower than the reserve price, the same below) shall be the quotation behavior of the transferee. The exercise of priority matters involving the original shareholders, the original leaseholder, other owners of the property community, etc. (the aforementioned subject enjoying the legal preemption right, the preemption right, or the subject enjoying the legal provisions such as the priority protection purchase right of the property owner's parking space, etc.) shall be excluded (hereinafter referred to as the "priority person"). Online bidding includes multiple offers and one offer. (Note: When only one qualified competing bidder is collected, the competing bidder is determined as the transferee after the expiration of the information disclosure period, and the listed starting price is the final transaction price.)
Listing: refers to the behavior of the property rights trading institution entrusted by the transferor to publicly solicit interested bidders on the subject through the "Ship Trade Center" platform.
Bidding deposit: refers to the deposit paid by the interested bidder in accordance with the requirements of the transferor before the commencement of the bidding activity in order to ensure the safety and effectiveness of the bidding activity.
Interested bidder: refers to the intended bidder who intends to enter the quotation hall of the "Ship Trade Center" platform to participate in the quotation activities, but has not yet obtained the qualification for quotation.
Quotation qualification: refers to the qualification of the interested bidder that meets the requirements of the transferee indicated in this announcement or relevant regulations and can actually participate in the quotation activities after passing the qualification examination in accordance with the text required for the registration of the interested bidder in the “Ship Trade Center” of Zhejiang Property& Stock Exchange and complete the payment of the bidding deposit on the platform of the “Ship Trade Center”.
Competitive bidder: means the interested bidder that has obtained the qualification to quote for the target..
Transferee: means the competitive bidder who wins the bidding with the highest valid offer.
2.2.2 Bidding description
2.2.2.1 The bidding will be conducted under the principles of openness, fairness, justice, honesty and credibility, and all activities shall have legal effect.
2.2.2.2 Instructions for Online Bidding (hereinafter referred to as "Instructions for Trading") is formulated in accordance with relevant laws and regulations.
2.2.2.3 Interested bidders participating in the online bidding activity shall carefully read, be aware of and comply with the provisions of this Trading Instruction. Please read carefully and fully understand the contents of the provisions, especially the provisions that exclude or limit liability, the application of law and the dispute resolution provisions. The terms of exemption or limitation of liability will be marked in bold, and the interested bidder shall read it carefully. After reading and agreeing, the interested bidders shall continue the subsequent operations, and the continued follow-up actions of the interested bidder on the platform of the "Ship Trade Center" shall be deemed that the interested bidder has irrevocably agreed to all the terms of this Agreement (including but not limited to the bold parts of the terms of this Agreement).
2.2.2.4 For details of the target information of this online bidding activity, please refer to the information disclosed on the platform of "e.zjpse.com" and "Ship Trade Center". If there is any error between the disclosed information and the current situation of the target and the actual situation of the quotation system, the valid documents and the actual situation shall prevail. The introduction of the subject target (including the name, text description and other relevant information of the subject target) on the platform of "e.zjpse.com" and "Ship Trade Center" is based entirely on the materials provided by the transferor. It is a general introduction only for reference and does not constitute a guarantee for the state, quality and defects of the subject matter. Defects of the subject target do not affect the total transaction price. All descriptions and interpretations of the subject matter by the staff are for reference only and do not have any legal effect; The platform of "e.zjpse.com" and "Ship Trade Center" have fully and truthfully disclosed the subject matter information provided by the transferor, which does not mean that they can reveal all the defects of the subject matter, especially the hidden defects.
The descriptive words of the subject target such as the name stated in the transaction authentication documents issued by Zhejiang Property & Stock Exchange and the relevant subject invoice shall not constitute a guarantee of the state, quality or defect of the subject target.
2.2.2.5 "e.zjpse.com" and "Ship Trade Center" platform require interested bidders to carefully examine the target and read the notice, understand all the conditions of the target and make their own judgment on the possible defects of the target and possible problems in the future. The interested bidders’ participation in the quotation indicates the recognition and acceptance of the current status and all defects of the subject target, and the interested bidders shall bear all legal liabilities for the result of the transaction. The "e.zjpse.com" and the "Ship Trade Center" platform hereby solemnly declare that they bear any responsibility for the defects of the target and assume guarantee responsibility for the quality of the target. The interested bidders shall, by themselves or by a designated person, understand the conditions of the subject target, make careful judgments, and bear the transaction risks by themselves.
2.2.2.6 Before application for bidding, the interested bidder shall carefully read the disclosure contents involved in the target, including but not limited to the registration documents, and have the responsibility to understand the status of the target by themselves and conduct careful inspection or due diligence of the target (the transferor shall be responsible for organizing or assisting the interested bidder to conduct inspection or due diligence of the target). If there is any objection to the target, it should be raised before submitting the registration document. After submitting the registration documents and paying the bidding deposit, the interested bidders shall be deemed to have read and fully recognized the contents disclosed in the target and completed the review or due diligence of the subject target, indicating that it has fully understood and voluntarily accepted all the status quo and defects of the subject target, does not raise objections to the contents of the registration documents in any form, and voluntarily assumes all transaction risks. After the interested bidder has registered for bidding, it shall not back out for any reason such as failing to consult in advance, and the responsibility shall be borne by the interested bidders themselves.
2.2.2.7 If the interested bidder is a joint bidder, the consortium members shall sign a joint bidding agreement; The agreement shall specify the proportion of the consortium members to be transferred, specify the lead person of the joint bidding, and the lead person shall be responsible for handling the specific bidding targets. A member of a consortium may no longer participate in the bidding separately in its own name, nor may it become a member of another consortium at the same time. (Applicable if the project does not prohibit joint bidding)
2.2.2.8 If the project involves the right holder who does not give up the right of priority (including but not limited to the original lessee's right of priority to purchase and the original lessee's right of priority to lease, etc.), the right holder who does not give up the right of priority (hereinafter referred to as the "right holder") shall register on time, pay the bidding deposit, and enter the online bidding system for quotation. (The project involves priority rights where applicable)
2.2.2.9 If the transferee fails to sign the transaction contract with the transferor and fulfill the relevant obligations according to the quoted price and the conditions and requirements stipulated in the listing announcement of the subject target within the time specified in the information disclosure of the platform of "e.zjpse.com" and "Ship Trade Center" after the completion of the bidding,it shall bear all legal liabilities. The balance of the bidding deposit paid by the bidder after deducting the transaction service fee shall not be refunded, and shall be used in turn to pay the loss caused by the online bidding activities and make up the difference between the re-listing transaction price and the transaction price (except for force majeure factors or reasons of the transferor).
The judgment of the breach of this clause shall be subject to the final judgment made by the people's Court or the competent arbitration institution, or the conclusion reached by the parties to the transaction shall be subject to the judgment. Zhejiang Property & Stock Exchange and "Ship Trade Center"shall handle the bidding deposit accordance with the above materials strictly .
If the relevant judicial, law enforcement or administrative authorities explicitly issue written materials requiring the bidding deposit to be disposed of separately, Zhejiang Property & Stock Exchange and "Ship Trade Center"shall dispose of the bidding deposit strictly accordance with the requirements of the above authorities.
2.2.2.10 If the target is re-listed due to the breach of contract by the designated transferee, the defaulting transferee shall not participate in the application for bidding.
2.2.2.11 After the transaction of the project, the transfer of the subject target and other procedures shall be handled by the transferor and the transferee in accordance with the announcement, the agreement of the transaction contract and other relevant provisions. The starting price and the transaction price at the time of bidding do not include all costs and taxes incurred by the transferee during the delivery and transfer of the subject matter of bidding. The "e.zjpse.com" and "Ship Trade Center" platform do not withhold taxes payable by the parties concerned.
2.2.2.12 The amount of the bidding price shall be denominated in RMB.
2.2.2.13 After paying off the balance, the transferee shall promptly hand over the subject matter and complete the transfer procedures by himself. If the transferee fails to do so within the time limit, the transferee shall pay the expenses arising therefrom and bear the consequences such as damage, loss or other consequences that may occur to the subject target.
2.2.2.14 The transferee shall handle the registration formalities for the transfer of the subject target by themselves. In the process of handling the transfer procedures, all relevant expenses arising in accordance with existing laws and regulations and policies shall be borne by the transferee.
2.2.3 Bidding rules
2.2.3.1 If only one interested bidder is collected until the deadline for bidding registration, the interested bidder shall be identified as the transferee after qualification confirmation and payment of bidding deposit on time (or two or more interested parties are collected but only one interested party has qualification confirmation and payment of the bidding deposit on time). The intended party is directly identified as the transferee); After the transferee is determined, the transferee shall sign a transaction contract with the transferor within the time limit stipulated in the information disclosure without changing the conditions of assignment and the terms of the contract. The transaction price shall be determined in accordance with the principle of the higher of the starting price of the bidding and the quotation of the competing bidder at the time of registration.
2.2.3.2 If two or more interested bidders are recruited until the deadline for bidding registration, and two or more interested bidders are qualified and pay the bidding deposit on time, the transaction shall be conducted through bidding, and the transaction price and the transferee shall be determined in accordance with the rules of this notice. After the transferee is determined, the transferee shall sign a transaction contract with the transferor within the time specified in the transaction arrangement without changing the conditions of assignment and the terms of the contract when the information of the subject matter of the transaction is disclosed.
2.2.3.3 The bidding shall be held at the time stipulated in the trading arrangement. In case of technical or other reasons, the platform of "e.zjpse.com"shall have the right to request the platform of "Ship Trade Center" to delay the start time of bidding within a limited time limit. The delay time shall generally not exceed 1 hour, except in the case of special circumstances or force majeure.
2.2.3.4 In the bidding process, the competing bidders shall bid seriously. The buyers shall seriously and carefully consider and submit the quotation approved by themselves after confirmation, and shall not go back on his word, otherwise he shall bear all legal liabilities, and the bidding deposit paid by them shall be owned by the transferor after deducting the transaction service fee payable by him, and be responsible for compensating all economic losses caused thereby to the transferor, the platform of "e.zjpse.com" and "Ship Trade Center". When other bidder makes a higher offer, the original offer shall lose its binding force. If the subject target has a reserve price, the highest offer of the interested bidder shall not take effect if it does not reach the reserve price.
2.2.3.5 The bidding method of online bidding is time-limited bidding, and the buyer shall offer the price during the time-limited bidding. Quotation according to the principle of time priority, price priority, the first quotation (if the result of exercise, it is: the first quotation in the first stage) can not be lower than the starting price, the next quotation must be higher than the last quotation. The interested bidder shall offer with caution, and its offer shall take effect immediately after confirmation of the trading order entered into the online bidding system, and cannot be changed or withdrawn. The amount of increase for each quotation can be found on the quotation page. If there is a reserve price, the system displays the words "Reserve price: Yes"; If there is no reserve price, the system displays "Reserve Price: None".
2.2.3.6 Time-limited bidding does not limit the number of quotation periods, the trading system takes 5 minutes as the bidding period, and the limited time of quotation period is shown on the quotation page. If there is a bid within the bidding cycle, the countdown of a new bidding cycle starts, and so on, until no competing buyer offers within a complete bidding cycle, and the time limit bidding ends. If the project does not involve the result of the exercise of the priority person, and there is no reserve price, and there is no price increase by the competing bidder within this limited bidding cycle time, the highest bid in the last round is the transaction price, the bidder who offer the highest effective bid is the transferee of this target, and the bidding activity for this target is ended. After the quotation is finished, the system will automatically pop up the result. If the project has a reserve price, the competing buyer with the highest valid quotation not lower than the reserve price shall be the transferee of the subject matter; If the highest valid quotation is lower than the reserve price, the project will not be closed. If the project involves the result of the exercise of the right of the priority person, the transferee is determined according to the Special Provisions.
2.2.3.7 If there is no offer within the quotation period, the latest quotation column will display no offer. If no offer is still displayed in this column until the bidding time ends, it will be deemed that all competing buyers have automatically abandoned the offer.
2.2.3.8 Details of the handling method of the deposit and the exercise rules of the priority person are set out in the Special Provisions.
2.2.3.9 The bid of the competing bidder may be withdrawn or modified before being confirmed by the bidding system, and shall not be revoked once confirmed.
2.2.3.10 The transferee shall sign a transaction contract with the transferor in accordance with the Ship Sale Contract (Sample draft) and attachments disclosed on the website within the time specified for information disclosure on the platform of "e.zjpse.com" and "Ship Trade Center" (except for relevant information of the transferee and hand-written terms such as "price" clause in the transaction contract, other terms have been determined and cannot be modified). Once the transaction contract is signed, the transferee shall not be changed.
2.2.3.11 The transferor has the right to withdraw the target before the bidding of the online bidding time limit. If the transferor revokes the bid or due to force majeure or objective necessary reasons, Zhejiang Property & Stock Exchange has the right to request “Ship Trade Center” to cancel or postpone this online bidding activity, and the loss caused to the competing bidders shall be borne by themselves. The competing bidders shall not claim interest on the bidding deposit and any other expenses and liabilities from the transferor, Zhejiang Property & Stock Exchange and “Ship Trade Center”.
2.2.3.12 Except for the bidding rules mentioned in this notice, the remaining trading arrangements shall be subject to the trading arrangements issued by Zhejiang Property & Stock Exchange and ”Ship Trade Center” after the expiration of the information disclosure period.