DISCLOSEABLE TRANSACTION IN RELATION TO THE LEASING OF FACTORY BUILDINGS : DISCLOSEABLE TRANSACTION
By Jayson Lai
On 10 January 2024 (after trading hours), the Tenant, an indirect wholly-owned subsidiary of the Company, and the Landlord entered into the Lease Agreement in respect of the Factory Buildings located in Laixi City, Shandong Province, PRC for an aggregate term of 10 years made up of an initial term of 5 years and a subsequent term of 5 years which shall be extended automatically after expiry of the initial term.