Aowei Holding Limited (HK:1370) has released an update.
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Aowei Holding Limited, through its indirect subsidiary Laiyuan Aowei, has renewed a lease agreement with Ritan Club for premises in Beijing, following the expiry of their previous agreement. The new lease spans one year, starting October 1, 2024, and involves a rent of RMB 1.72 million annually. This transaction is notable as both the Ritan Club and Aowei Group are associated with Mr. Li Yanjun, a significant shareholder, making it a connected transaction under the Listing Rules.
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