Core Viewpoint - Alibaba Health (00241) has signed a 30-month lease agreement for a property in Hangzhou, enhancing its supply chain capabilities and operational efficiency [1] Group 1: Lease Agreement Details - The lease is between Alibaba Health's indirect wholly-owned subsidiary, Alibaba Health Pharmaceutical Chain, and Hangzhou Chuanfu, with a lease term starting from August 28, 2025 [1] - The leased property covers an area of approximately 87,000 square meters [1] Group 2: Strategic Importance - The property is located in the Alibaba Health Pharmaceutical Logistics Park in Tangjiadai Village, which is a key city in East China, specifically Hangzhou [1] - This facility will serve as a major warehouse for storing pharmaceuticals, medical devices, and various health-related products, significantly improving the company's supply chain capabilities and operational efficiency [1] - The company has already established operations in the area and built relationships with local suppliers [1]

Core Viewpoint - Alibaba Health (00241) has signed a 30-month lease agreement for a property in Hangzhou, enhancing its supply chain capabilities and operational efficiency [1] Group 1: Lease Agreement Details - The lease agreement is between Alibaba Health's indirect wholly-owned subsidiary, Alibaba Health Pharmaceutical Chain, and Hangzhou Chuanfu [1] - The leased property covers an area of approximately 87,000 square meters [1] - The lease term starts from August 28, 2025 [1] Group 2: Property Significance - The property is located in the Alibaba Health Logistics Park in Tangqiao Town, Linping District, Hangzhou, a key city for the company's operations in East China [1] - It will serve as a major warehouse facility for storing pharmaceuticals, medical devices, and various health-related products [1] - The establishment of this facility is expected to significantly improve the company's supply chain capabilities and operational efficiency [1]