Core Viewpoint - The company, Xinjishaxi (03603.HK), is preparing to participate in a bidding process for a 20-year lease of its significant hotel supplies market, Xinjihotai Hotel Supplies City, located in Guangzhou, China, as the current lease with SVSEC will expire on May 31, 2026 [1] Group 1 - The Xinjihotai Hotel Supplies City is one of the well-known hotel supplies wholesale markets in Guangzhou, China [1] - The bidding process for the lease is organized by the Rural Collective Asset Trading Center and has been approved by the shareholders' meeting of the relevant village [1] - The company plans to apply for the lease and participate in the bidding process, with the intention to establish a lease agreement shortly after the bidding results are announced [1] Group 2 - The board of directors recommends that a special shareholders' meeting be held to grant authorization to appoint a representative to bid on behalf of the company’s Chinese subsidiaries [1] - The bidding will be conducted at a base price or above, but not exceeding the maximum bid price [1] - The company will not have sufficient time to seek shareholder approval as per the listing rules Chapter 14 if it becomes the winning bidder [1]
信基沙溪(03603.HK)：拟就信基豪泰酒店用品城为期20年的租约申请参加招标流程并投标