Core Points - Xinjisha Xiangxi (03603) announced that Xinjihotai Hotel Supplies City, the second largest mall of the group, is a well-known hotel supplies wholesale market in Guangzhou, China [1] - The existing lease agreement for the land where Xinjihotai Hotel Supplies City is located will expire on May 31, 2026, with a bidding process initiated by the Rural Collective Asset Trading Center on October 14, 2025 [1] - The bidding process will take place on December 17, 2025, with applications accepted from October 15 to December 15, 2025 [1] - If the group wins the bid, a lease agreement with SVSEC is expected to be signed between December 25 and December 31, 2025 [1] - If the group does not win the bid and no written objections are received during the five business days following the announcement of the bidding results, the deposit paid by the group will be fully refunded without interest [1] Property Details - The landlord is the Cooperative Economic Society of Shanghe Village, Luopu Street, Panyu District, Guangzhou [2] - Property I includes a shop located at No. 101 Yingbin Road, Shanghe Village, with a land area of approximately 70,600 square meters, a vacant area of about 42,100 square meters, and a building area of approximately 60,100 square meters [2] - Property II includes a shop located at No. 2 Shanghe Street, with a land area of approximately 22,700 square meters, a vacant area of about 19,200 square meters, and a building area of approximately 7,288.07 square meters [2] - Xinjihotai Hotel Supplies City has been in operation since 2007, with the group leasing the land use rights from SVSEC since 2006 [2] - If the group becomes the winning bidder, it will continue to operate Xinjihotai Hotel Supplies City through these properties [2]
信基沙溪拟就续租广州番禺区物业参与租约招标