Zhitong Financial APP, Lishi Group Holdings (00526) announced that on August 30, 2023, the company's wholly-owned subsidiary, Lishi Commodity, entered into a lease agreement with Delta for a term from October 1, 2023 to September 30, 2024 to renew the 2022 lease agreement, which expires on September 30, 2023. The monthly rent for the property will be RMB 701500.
It is reported that the property is located in 39900 square meters of factory space and 10759.49 square meters of office property at No. 518 Chengxin Road, Yinzhou District, Ningbo, China.
The total rent payable to Delta during the entire lease period of the Lease Agreement (October 1, 2023 to September 30, 2023) will not exceed RMB 8.4183 million.