Aowei Holding Ltd. Announces Renewal of Premises Tenancy Agreement with Ritan Club
Aowei Holding Limited has renewed a tenancy agreement for its subsidiary, Laiyuan Aowei, with Ritan Club, effective from October 1, 2025. This renewal follows the expiration of the previous agreement on September 30, 2025. The transaction is considered a connected transaction under Listing Rules, requiring reporting and announcement but exempt from circular and shareholder approval due to its percentage ratio being between 0.1% and 5%.
Aowei Holding Limited has announced the renewal of a tenancy agreement between its indirect subsidiary, Laiyuan Aowei, and Ritan Club. The new contract, referred to as the 2025 Tenancy Agreement, was entered into on 1 October 2025 following the expiration of the previous agreement on 30 September 2025. Ritan Club is wholly owned by Aowei Group, which is 99% owned by Mr. Li Yanjun, Chairman and controlling shareholder of Aowei Holding Limited, and 1% owned by Mr. Li Xiaojun. As a result, the transaction constitutes a connected transaction under the Listing Rules. The transaction is subject to reporting and announcement requirements but is exempt from the requirements for a circular and shareholders’ approval, as its highest applicable percentage ratio exceeds 0.1% but is less than 5%. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aowei Holding Ltd. published the original content used to generate this news brief on October 02, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
