JiaHua Stores Renews Car Parking Agreements with Baijiahua Commercial Management

JiaHua Stores Holdings Limited ( (HK:0602) ) has provided an update.

JiaHua Stores Holdings Limited has announced the renewal of Car Parking Fee Agreements with Baijiahua Commercial Management for the continued use of car parking spaces at Jiahua Lingyu Plaza Phase II and Jiahua Linghui Plaza Phase II. These agreements, effective from January 1, 2025, to December 31, 2026, allow Baijiahua Commercial Management to utilize the parking facilities based on actual usage, with a maximum annual fee of RMB4,320,000. This transaction is classified as a continuing connected transaction under the Listing Rules, but it is exempt from independent shareholders’ approval due to the transaction’s size.

More about JiaHua Stores Holdings Limited

JiaHua Stores Holdings Limited is a company incorporated in the Cayman Islands, primarily involved in the management and operation of retail spaces, including shopping malls and associated facilities like car parks. The company focuses on commercial management services, particularly in the Guangdong Province of China.

YTD Price Performance: -2.50%

Average Trading Volume: 2,520,661

Technical Sentiment Consensus Rating: Hold

Current Market Cap: HK$44.61M

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