Group 1 - The company announced that its wholly-owned subsidiary, Guangzhou Shaxi International Hotel Supplies City Co., Ltd., has been awarded the bid for a property with a final bid price of RMB 3.6218 million per month, effective from December 17, 2025 [1] - The payment for the bid will be made through the company's internal resources [1] - The lease agreement is expected to be signed between December 25 and December 31, 2025 [1] Group 2 - The company will continue to operate the Xinjihotai Hotel Supplies City at this property, which is the company's second-largest mall [1]

Core Viewpoint - The company has announced that its wholly-owned subsidiary, Guangzhou Shaxi International Hotel Supplies City Co., Ltd., has won the bidding process for a property, with a final bid price of RMB 3.6218 million per month, effective from December 17, 2025 [1] Group 1 - The bidding process is set to conclude on December 17, 2025, with the final bid price established at RMB 3.6218 million per month [1] - The payment for the bid will be made through the company's internal resources [1] - The lease agreement is expected to be signed between December 25 and December 31, 2025 [1] Group 2 - The company will continue to operate the Shiji Haotai Hotel Supplies City through the acquired property, which is the company's second-largest mall [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 對 因 本 公 告 全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責 任。 （於 開 曼 群 島 註 冊 成 立 的 有 限 公 司） （股 份 代 號：3603） 成功中標物業租賃 茲提述(i)本公司日期為2025年11月17日的通函（「該通函」）及(ii)本公司日期為2025 年12月5日 的 投 票 表 決 結 果 公 告，內 容 均 有 關（其 中 包 括）可 能 租 賃 之 建 議 授 權。 除 文 義 另 有 所 指 外，本 公 告 所 用 詞 彙 與 該 通 函 所 界 定 者 具 有 相 同 涵 義。 董 事 會 欣 然 宣 佈，本 公 司 的 全 資 附 屬 公 司 廣 州 沙 溪 國 際 酒 店 用 品 城 有 限 公 司 為 於2025年12月17日 舉 行 的 招 標 流 程 的 中 標 人。該 等 物 業 的 最 終 中 標 價 為 每 月 人民幣3,621,840 元(即底價)。誠 如 該 通 ...

Core Points - Xinjisha Xiangxi (03603) announced that Xinjihotai Hotel Supplies City, the second largest mall of the group, is a well-known hotel supplies wholesale market in Guangzhou, China [1] - The existing lease agreement for the land where Xinjihotai Hotel Supplies City is located will expire on May 31, 2026, with a bidding process initiated by the Rural Collective Asset Trading Center on October 14, 2025 [1] - The bidding process will take place on December 17, 2025, with applications accepted from October 15 to December 15, 2025 [1] - If the group wins the bid, a lease agreement with SVSEC is expected to be signed between December 25 and December 31, 2025 [1] - If the group does not win the bid and no written objections are received during the five business days following the announcement of the bidding results, the deposit paid by the group will be fully refunded without interest [1] Property Details - The landlord is the Cooperative Economic Society of Shanghe Village, Luopu Street, Panyu District, Guangzhou [2] - Property I includes a shop located at No. 101 Yingbin Road, Shanghe Village, with a land area of approximately 70,600 square meters, a vacant area of about 42,100 square meters, and a building area of approximately 60,100 square meters [2] - Property II includes a shop located at No. 2 Shanghe Street, with a land area of approximately 22,700 square meters, a vacant area of about 19,200 square meters, and a building area of approximately 7,288.07 square meters [2] - Xinjihotai Hotel Supplies City has been in operation since 2007, with the group leasing the land use rights from SVSEC since 2006 [2] - If the group becomes the winning bidder, it will continue to operate Xinjihotai Hotel Supplies City through these properties [2]

Core Points - The announcement from Xinjishaxi (03603) indicates that the existing lease agreement for the property of Xinjihotai Hotel Supplies City will expire on May 31, 2026 [1] - A bidding process for the property will take place on December 17, 2025, with applications accepted from October 15, 2025, to December 15, 2025 [1] - If the company wins the bid, a lease agreement with SVSEC is expected to be signed between December 25 and December 31, 2025 [1] Property Details - Property I is located at No. 101 Yingbin Road, Panyu District, Guangzhou, covering a land area of approximately 70,600 square meters, with a vacant area of about 42,100 square meters and a building area of around 60,100 square meters [2] - Property II is located at No. 2 Shangwa Street, Panyu District, Guangzhou, with a land area of approximately 22,700 square meters, a vacant area of about 19,200 square meters, and a building area of approximately 7,288.07 square meters [2] - Xinjihotai Hotel Supplies City has been in operation since 2007, and the company has been leasing the land from SVSEC since 2006 for its operations [2]

Core Viewpoint - The company, Xinjishaxi (03603.HK), is preparing to participate in a bidding process for a 20-year lease of its significant hotel supplies market, Xinjihotai Hotel Supplies City, located in Guangzhou, China, as the current lease with SVSEC will expire on May 31, 2026 [1] Group 1 - The Xinjihotai Hotel Supplies City is one of the well-known hotel supplies wholesale markets in Guangzhou, China [1] - The bidding process for the lease is organized by the Rural Collective Asset Trading Center and has been approved by the shareholders' meeting of the relevant village [1] - The company plans to apply for the lease and participate in the bidding process, with the intention to establish a lease agreement shortly after the bidding results are announced [1] Group 2 - The board of directors recommends that a special shareholders' meeting be held to grant authorization to appoint a representative to bid on behalf of the company’s Chinese subsidiaries [1] - The bidding will be conducted at a base price or above, but not exceeding the maximum bid price [1] - The company will not have sufficient time to seek shareholder approval as per the listing rules Chapter 14 if it becomes the winning bidder [1]