China Partytime Culture Holdings Ltd. (HK:1532) has released an update.
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China Partytime Culture Holdings Ltd., a company specializing in costume manufacturing and related industries, has announced the renewal of a lease agreement for its factory and warehouse premises with Yiwu Chian Town for a term extending from October 2024 to April 2028. The renewed lease covers a significant area of approximately 27,557.27 square meters, ensuring continuity of operations for the company’s upstream and downstream industries. The financial terms of the lease are based on prevailing market rates, with an annual rent of RMB3,344,039 and a retained security deposit of RMB636,960.
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