Zhejiang Lianxiang Smart Home (SH:603272) Shang Hai Zheng Quan Bao·2025-11-27 19:42Core Viewpoint - Zhejiang Lianxiang Intelligent Home Co., Ltd. plans to lease its idle factory to Jiaxing Jindian Electric Co., Ltd. for an annual rent of 1,200,000.00 RMB, aiming to improve asset utilization efficiency and generate stable rental income [2][23]. Group 1: Leasing Details - The factory to be leased is located at No. 5, Yixing Road, Wuyuan Street, Haiyan County, Zhejiang Province, with a total area of 8,749.6 square meters [10][11]. - The lease term is set for three years, starting from November 27, 2025, to November 26, 2028 [6][13]. - The rental price is fixed at 1,200,000.00 RMB per year, which includes property fees and will not be adjusted during the lease period [15][22]. Group 2: Transaction Approval and Structure - The transaction has been approved by the company's board of directors with a unanimous vote of 9 in favor, requiring no shareholder meeting for further approval [5][24]. - The transaction does not constitute a related party transaction or a major asset restructuring as defined by the China Securities Regulatory Commission [3][4]. Group 3: Impact on Company Operations - Leasing the idle factory will not affect the company's normal operations or existing production capacity, allowing the company to utilize its idle assets effectively [23][24]. - The rental income is expected to have a positive impact on the company's future financial status [23][24]. Group 4: Tenant Information - Jiaxing Jindian Electric Co., Ltd. is a limited liability company with a registered capital of 17 million RMB, primarily engaged in the manufacturing of electrical wires and cables, among other activities [7][8]. - The company has no affiliation with Lianxiang, ensuring an independent leasing arrangement [9].