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BaWang International (Group) Holding Limited ( (HK:1338) ) has shared an update.
BaWang International (Group) Holding Limited announced a second amendment to its 2021 Lease Agreement, effective from August 1, 2025. The amendment includes a rent-free period from August 1 to September 30, 2025, and a reduction in monthly rental fees from RMB943,699 to RMB715,876. This modification is expected to decrease the value of the right-of-use asset by approximately RMB3.6 million, reflecting a reduction in lease liabilities. The amendment, entered into under normal commercial terms, is subject to reporting and announcement requirements but is exempt from certain approval requirements under the Listing Rules.
More about BaWang International (Group) Holding Limited
BaWang International (Group) Holding Limited is a company incorporated in the Cayman Islands, operating within the industrial sector. The company focuses on production facilities, office premises, and staff dormitories, primarily located in the Bawang Industrial Complex in Guangzhou, China.
Average Trading Volume: 1,032,935
Technical Sentiment Signal: Hold
Current Market Cap: HK$155M
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