Core Viewpoint - China Hanhong Holdings Limited (stock code: 03788) has signed a leasing agreement for office space in Shenyang, which is expected to enhance its operational capacity and align with its strategic goals [1] Group 1: Company Announcement - The company announced that its indirect wholly-owned subsidiary, Hanhong Ginseng Iron, has entered into a lease agreement with Shengtai Property [1] - The lease covers multiple floors of the Hanhong Building in Shenyang, with a total area of approximately 3,477.25 square meters [1] - The annual rent is set at RMB 2,346,990, with an additional annual property management fee of RMB 1,251,810, payable quarterly [1] Group 2: Financial Implications - The total value of the recognized right-of-use asset under the lease agreement is estimated to be approximately RMB 6,321,000 [1] - The applicable percentage rate based on the value of the right-of-use asset exceeds 0.1% but is below 5%, necessitating compliance with disclosure and announcement requirements [1] - The property management fee payment is considered a continuing connected transaction that meets the minimum exemption level [1] Group 3: Related Party Transaction - The transaction is classified as a connected transaction under Chapter 14A of the Listing Rules, as Shengtai Property is ultimately controlled by the company's major shareholder, Yang Jinye [1] - The board believes that the terms of the transaction are fair and reasonable, aligning with the overall interests of the company and its shareholders [1]
中国罕王（03788.HK）披露关连交易-物业租赁，12月24日股价上涨0.26%