Xinji Shaxi Group Renews Headquarters Tenancy Agreement

Tip Ranks
2025.12.05 09:40
portai
I'm PortAI, I can summarize articles.

Xinji Shaxi Group Co., Ltd. announced the renewal of its headquarters tenancy agreement with Guangzhou Shaxi Hotel, a subsidiary, entering a two-year lease with Guangzhou Real Estate. Effective from January 1, 2026, to December 31, 2027, the agreement involves a prepayment of RMB8,841,642. This transaction is classified as discloseable and connected under Hong Kong’s Listing Rules due to financial implications and connected persons involvement.