---
title: "Huludao Zinc plans to lease assets to related parties, with an annual rent of 2 million for 5 years"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/261570470.md"
description: "Huludao Zinc Co., Ltd. plans to lease 30 acres of land and a building of 6,100 square meters to its affiliate, Huludao Hesheng Technology Co., Ltd., for a period of 5 years, with an annual rent of 2 million yuan. The transaction has been approved by the company's board of directors and does not require shareholder approval, aiming to revitalize assets, increase revenue, and enhance performance. From the beginning of 2025 to the announcement date, the company has conducted transactions totaling 1.53 million yuan with this affiliate"
datetime: "2025-10-17T07:50:22.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/261570470.md)
  - [en](https://longbridge.com/en/news/261570470.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/261570470.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/261570470.md) | [繁體中文](https://longbridge.com/zh-HK/news/261570470.md)


# Huludao Zinc plans to lease assets to related parties, with an annual rent of 2 million for 5 years

On October 17, 2025, Huludao Zinc Co., Ltd. announced an asset leasing and related party transaction. The company plans to lease 30 acres of land and a 6,100 square meter building to its related party, Huludao Hesheng Technology Co., Ltd., with the lease term from October 1, 2025, to September 30, 2030, at an annual rent of 2 million yuan. The legal representative of the company is Song Ying, with a registered capital of 10 million yuan, established in July 2024. This transaction was approved by the fifteenth meeting of the eleventh board of directors and does not require submission to the shareholders' meeting, nor does it constitute a major asset reorganization. The transaction aims to activate assets, increase revenue, and enhance performance. From the beginning of 2025 to the disclosure date, the company has conducted transactions worth 1.53 million yuan with this related party

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