Group 1 - The company Emperor Culture Industry (00491) announced a leasing agreement for a new cinema located in Beijing, China, set to commence on December 15, 2025 [1] - The leasing agreement involves two related property owners, Beijing Linlian Real Estate Co., Ltd. and Beijing Xingtai Tonggang Real Estate Co., Ltd., both primarily engaged in property investment [1] - The properties involved in the leasing agreement are situated in the Taikoo Li shopping complex in the Chaoyang District of Beijing, specifically on the 4th and 5th floors of the mall and the 2nd to 4th floors of another section [1] Group 2 - The terms and conditions of the leasing agreement, including base rent and revenue-sharing percentages, were negotiated based on fairness principles and reference to existing leases of the company's other cinemas [2] - The company’s board believes that the terms of the leasing agreement are fair and reasonable, and the transaction is conducted in the ordinary course of business, aligning with the overall interests of the company and its shareholders [2]
英皇文化产业:英皇电影城北京就位于中国北京的一家新戏院的租赁订立租赁协议