The government invested in the company with land.

Legal subjectivity:

The procedure of joining a company by land is to determine whether the land use right held by shareholders is legal and valid, then entrust a qualified appraiser to evaluate the monetary value of the land use right, and then the shareholders sign a shareholding agreement with the company, and finally register the transfer of the land use right in the name of the company.

Legal objectivity:

Article 27 of the Company Law of People's Republic of China (PRC) * * * Shareholders may make capital contributions in cash, or in kind, intellectual property rights, land use rights and other non-monetary properties that can be valued in money and transferred according to law; However, except for the property that cannot be used as capital contribution as stipulated by laws and administrative regulations. Non-monetary property as capital contribution shall be evaluated and verified, and its value shall not be overestimated or underestimated. Where there are provisions in laws and administrative regulations on evaluation and pricing, those provisions shall prevail.