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JiaHua Stores Holdings Limited ( (HK:0602) ) has provided an update.
Jiahua Stores Holdings’ wholly owned subsidiary Shenzhen Baijiahua has subleased its Bantian Supermarket premises in Shenzhen to Shenzhen Jiayang from 1 May 2026 to 31 December 2031. As part of the deal, Baijiahua will transfer leasehold improvements, equipment and related operation rights for a consideration of RMB6 million.
The company says the sublease is an ordinary-course operating lease that will not materially affect its operational scale and therefore does not qualify as a notifiable transaction under Hong Kong listing rules. However, the asset transfer component meets the threshold for a discloseable transaction, triggering an announcement requirement but not shareholder approval, clarifying regulatory treatment for investors and other stakeholders.
More about JiaHua Stores Holdings Limited
Jiahua Stores Holdings Limited is a Hong Kong-listed retail group operating supermarkets and related commercial properties in mainland China, including the Bantian Supermarket in Shenzhen. The company focuses on leasing and operating large-scale retail premises in urban districts, positioning itself as a regional player in Guangdong’s consumer and retail property market.
Average Trading Volume: 235,714
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$42.54M
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