Core Viewpoint - The company is acquiring a property for HKD 4.8 million to address the increasing demand for warehouse and distribution facilities due to rapid expansion in mainland China [1] Group 1: Acquisition Details - The acquisition involves a property located at 11 Longde Street, Tsuen Wan, New Territories, specifically Studio 7 on the 7th floor of the Wang Lung Industrial Building [1] - The purchase price for the property is HKD 4.8 million [1] Group 2: Strategic Rationale - The company's rapid expansion in mainland China has led to increased demand, putting pressure on existing warehouse and distribution facilities, which are nearing saturation [1] - This situation has resulted in decreased inventory management efficiency and delays in order fulfillment [1] - The new property will be utilized as a warehouse to provide ample space for additional inventory, streamline logistics processes, reduce transportation costs, and shorten delivery times [1] - This strategic move is expected to enhance operational efficiency and strengthen the company's competitive position in the Chinese market [1] - The facility will also offer scalability for future expansion, including support for new product lines and serving as a potential regional distribution hub [1]
佰悦集团(08545)拟480万港元收购香港物业用作仓库