Core Viewpoint - China Rare Earth Holdings (03788) announced a leasing agreement for properties located in Shenyang, Liaoning Province, which will be effective from January 1, 2026, to December 31, 2028, for a total duration of three years [1] Group 1: Leasing Agreement Details - The leasing agreement is between the company's indirect wholly-owned subsidiary, Hanwang Ginseng Iron (as tenant), and Shengtai Property (as owner) [1] - The leased properties include the 10th, 20th, 21st, 22nd, 23rd floors, and the 3rd floor podium of Hanwang Building, located at 227 Qingnian Street, Shenhe District, Shenyang [1] - The terms of the leasing agreement, including rent and property management fees, were determined through fair negotiation, considering historical rent paid by the group, current market rent of comparable properties in the vicinity, and current property management fee rates charged by independent third-party service providers [1] Group 2: Board's Opinion - The board, including independent non-executive directors, believes that the leasing agreement was made on normal commercial terms, is fair and reasonable, and is in the overall interest of the company and its shareholders [1]
中国罕王:罕王人参铁与盛泰物业就租赁物业订立租赁协议