Core Viewpoint - Minsheng International (00938.HK) has entered into a lease agreement for several properties in Lijiang, Yunnan Province, China, with a total estimated right-of-use asset value of approximately RMB 6.97 million (around HKD 7.74 million) [1] Group 1 - The lease agreement is between Lijiang Hotel, a wholly-owned subsidiary of the company, and Lijiang Duofe, with the lease term starting from February 1, 2026, or a later date upon obtaining necessary operating permits [1] - The properties leased include multiple locations in the ancient city of Lijiang, specifically in the Gucheng District [1] - The lease will be recognized as a right-of-use asset in the group's consolidated financial statements in accordance with IFRS 16 [1]