Fujian Holdings has signed a management rights lease agreement for the operation of the Folaixi Grand Hotel
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Fujian Holdings signed an operating rights lease agreement with Fujian Fulu, leasing the operating rights of Fulai Xi Grand Hotel, with a lease term from January 1, 2026, to December 31, 2030. The operating period of Xiamen Grand Hotel will expire on December 31, 2025, and it has been decided not to extend it due to declining financial performance. Fulai Xi Grand Hotel opened in 2023, offering 276 standard rooms and 52 luxury suites, featuring excellent sea views and event facilities, which is expected to enhance the company's profitability
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