Core Viewpoint - Xinhai Co., Ltd. has approved the leasing of idle factory space to enhance asset utilization and operational efficiency [2] Group 1: Company Actions - The company held its 11th meeting of the 5th Board of Directors on August 18, 2025, where it approved the proposal to lease idle factory space [2] - The idle factory, located at 95 Huli Avenue, Huli District, Xiamen, will be leased to Xiamen Yulixin Property Co., Ltd. [2] - The total leased area is 20,336.38 square meters, with a lease term from August 18, 2025, to March 9, 2032 [2] Group 2: Financial Details - The total rental amount for the lease is approximately 30.0635 million yuan, including tax [2] - This transaction amount falls within the approval authority of the Board of Directors and does not require shareholder approval [2]