IDR to RMB 0.

0004472

Total (IDR)
Description 描述 RMB
000
SALES VALUE 销售价值 610,065,334 ¥272,821,217.36
COST OF GOODS SOLD (COGS) 销售成本 (COGS) 482,492,061 ¥215,770,449.68
LAND ACQUISITION 土地收购 94,294,602 ¥42,168,546.01
PERMITTING AND LEGAL (L) 许可和法律 (L) 12,141,092 ¥5,429,496.34
PLANNING AND CONSULTATION 规划和咨询 7,900,752 ¥3,533,216.29
MARKETING EXPENSES (M) 营销费用 (M) 41,614,752 ¥18,610,117.09
GENERAL & ADMINISTRATIVE EXPENSES
一般和行政费用 (U) 27,089,597 ¥12,114,467.78
(U)
FACILITIES, INFRASTRUCTURE & 设施、基础设施和基
29,509,589 ¥13,196,688.20
INFRASTRUCTURE 础设施
CONSTRUCTION 建筑 267,041,676 ¥119,421,037.51
INSURANCE 保险 700,000 ¥313,040.00
CONTINGENCY 应急费用 2,200,000 ¥983,840.00
DIRECT COGS 直接成本 619,790 ¥277,170.09
PROJECT PROFIT 项目利润 126,953,484 ¥56,773,598.04

INTEREST 利息 13,487,693 ¥6,031,696.31

TAX 税收 15,251,633 ¥6,820,530.28
NET PROFIT 净利润 98,214,158 ¥43,921,371.46
Profit Margin 利润率 16.10% 16.10%
Total COGS 总成本 482,492,061 ¥215,770,449.68
Saleable Area 可销售面积 29,357 ¥13,128.45
COG/M2 每平方米成本 15,435 ¥6,902.53
每平方米平均销售价
Average Selling Price per m2 20,781 ¥9,293.26
格
关于投资：

1. The project is located in Bogor, far away from the core area of the Jakarta
metropolitan area and related industrial zones, how to consider the product
positioning and sales target?项目处于茂物，远离雅加达都市区核心圈和相关工
业区，产品定位， 销售对象事怎么考虑的？

Answer: The number of workers in Bogor can be estimated 2 million people It should
be noted that this number covers various industrial sectors, including agriculture,
manufacturing, services, and others. This data provides an overview of the potential
workforce in the Bogor area, both city and district, which is important for industrial
analysis and economic policy development in the area. The location of apartment near
Bogor Station which is one of the stations with the highest passenger volume in the
Jabodetabek commuter network. Every day, Bogor Station serves around 20,476
passengers.

2. What is the estimated selling price of the project? What is the return on investment?
How are comparable items sold in the surrounding area?项目预计售价？投资收益
率多少？ 周围可比项目的售价如何？

Distance to
Apartment Location Unit Type Price Facilities
Bogor Station
Swimming
Deluxe, Rp 670
Grand Central Very close to pool, fitness
Premium, million - Rp Very close
Bogor Bogor Station center, 24-
Suite 1.5 billion
hour security
24-hour
security and
CCTV system,
food court,
Starting from
Jasmine Park Studio, 1BR, supermarket,
Ciherang Rp 381 6 km
Apartment 2BR commercial
million
area,
swimming
pool, fitness
center
Outdoor
swimming
pool, garden,
Starting from
Studio, 1BR, private
Sentul Tower Sentul Rp 300 12 km
2BR parking,
million
children's
playground,
sun terrace
 Grand Central Bogor is part of PT Kereta Api Indonesia's project to connect residences
with the station transportation system, it is natural that the price is slightly more
expensive than its competitors around it. If we look at the initial calculation, the net
profit margin can reach 16% for each sales unit

3. In the investment plan, the local shareholders contribute 70%, is it a cash

contribution or a land price? What was the original value of the land acquisition 投
资方案中，当地股东出资 70%，是现金出资还是以土地作价？土地收购原值多
少

Answer : The figure of 70% is just an illustration, in fact you can contribute up to 50%
of the share ownership, when the land was acquired the price was IDR 94 billion,
because this project is already underway, we need to recalculate the price per share.

4. What is the Chinese role just to supply construction materials, and some skill
management team to coordinate with the Indonesian side? 中国的角色仅是提
供建筑材料，并提供一个技能管理团队与印尼方面进行协调吗？

Answer : Yes, you can send building materials and some managerial people to
maintain the project, for blue collar work is done by Indonesian workers

5. Total investment cost is 30% of the project, i.e., Rp183,019,600,200 or 91,509,800

RMB? 总投资成本是项目的 30%，即 183,019,600,200 印尼盾或 91,509,800 人
民币吗？

Answer : Yes, and we open to discuss more

6. The payment terms for the Chinese? Through LC and upon arrival of materials in the
Indonesian port? 中国的付款条件？通过信用证 (LC)，并在材料抵达印尼
港口时付款吗？

Answer : For purchases materials from China, we generally use LC as a means of

payment. After the goods are shipped and related documents such as invoices,
shipping lists, and certificates of origin are received by our bank and verified, payment
will be made in accordance with the terms of the LC.

7. Any downpayment for the project?

 Answer : 20% advance payment will help our suppliers to cover initial production
costs or to acquire necessary raw materials.

8. Who is the opening bank of the letter of credit?信用证开户行是谁？

Can I make 20% advance payment + monthly letter of credit?能否 20%预付款+月结
信用证？

Answer : If you suggested a 20% down payment followed by monthly payments via
Letter of Credit (LC), which sounds like an option we would consider. It would be
important for us to detail the further terms and conditions regarding these monthly
payments, including the payment terms and procedures involved. This will help ensure
a win-win deal for both parties. We usually used stated-owned bank such Mandiri, BRI,
BNI