Core Viewpoint - The company aims to enhance the value return of its existing properties and improve asset utilization by leasing commercial properties to Xinjiang Shenglixingda Company for a total rental amount of 38.03 million yuan over a 10-year period [1] Group 1: Lease Agreement Details - The company signed a lease agreement with Xinjiang Shenglixingda Company for its commercial properties located at 18 Jiefang South Road and 30 Jiefang South Road in Urumqi, Xinjiang, covering a total area of 4,871 square meters [1] - The lease term is set for 10 years, starting from January 15, 2026, to January 14, 2036 [1] - The total rental amount for the lease period is 38.03 million yuan [1] Group 2: Planned Use of Leased Properties - Xinjiang Shenglixingda Company plans to use the leased space to open a mid-to-high-end hotel franchise [1] - Additionally, a "YO+ Friendly Life" convenience store will be established at the location [1]

Core Viewpoint - The company has signed a lease agreement with Xinjiang Shenglixingda International Trade Co., Ltd. for a commercial property in Urumqi, Xinjiang, which is expected to enhance asset returns significantly [1] Group 1: Lease Agreement Details - The company will lease a self-owned commercial property with a total area of 4,871 square meters to Shenglixingda for a period of 10 years [1] - The total rental amount for the lease is 38.0305 million yuan, which reflects a 35% increase compared to previous earnings [1] Group 2: Business Expansion Plans - Shenglixingda plans to open a mid-to-high-end hotel and "YO + Youhao Life" convenience stores as part of this agreement [1] - The annual rental income is projected to increase by 1.01 million yuan, contributing positively to the company's asset yield [1]

Core Viewpoint - The company *ST Lingyun B is facing potential delisting due to its stock price being below 1 yuan for 20 consecutive trading days, marking it as the first B-share to potentially delist for this reason in 2025 [2][4][6]. Group 1: Company Announcement - On June 9, 2025, *ST Lingyun B received a notice from the Shanghai Stock Exchange regarding the proposed termination of its stock listing [4][6]. - The company will suspend trading of its stock starting June 10, 2025, following the receipt of the delisting notice [6][7]. - The company has the right to request a hearing and make statements regarding the delisting decision [6][7]. Group 2: Historical Context - Historically, B-share delistings are rare, and instances of delisting due to a stock price falling below 1 yuan for 20 consecutive trading days are even less common [8][9]. - The last recorded B-share to be delisted for similar reasons was ST Dongxu B, which was delisted on October 11, 2024 [9]. - Another B-share, Jianche B, was delisted due to market value regulations on August 22, 2024 [10].