Ge Long Hui A P P·2025-12-09 10:24Core Viewpoint - *ST Hengjiu (002808.SZ) announced the receipt of a termination letter from Haixi Zhejiang regarding the lease agreement for production lines due to non-payment of rent by Hengjiu Fengde [1] Group 1: Lease Agreement Details - Hengjiu Fengde failed to pay rent as per the lease agreement because some equipment required technical modifications to meet production needs [2] - Haixi Zhejiang did not deliver the leased production line to Hengjiu Fengde for use, which contributed to the non-payment of rent [2] - According to the contract, if the leased item does not meet the agreement due to Haixi Zhejiang's reasons, Hengjiu Fengde has the right to terminate the contract and Haixi Zhejiang must pay a penalty equivalent to three months of tax-inclusive rent [2] Group 2: Contractual Obligations and Penalties - If Hengjiu Fengde delays rent payment for more than 30 days, Haixi Zhejiang has the right to terminate the contract, and Hengjiu Fengde must pay a penalty equivalent to three months of tax-inclusive rent [2] - If the penalty is insufficient to cover Haixi Zhejiang's losses, Hengjiu Fengde is still liable for further compensation [2] - The company and Hengjiu Fengde will actively negotiate with Haixi Zhejiang to resolve the matter and will continue to monitor the situation closely [2]