Regina Miracle Renews Connected Lease for Key Shenzhen R&D and Manufacturing Site

The latest update is out from Regina Miracle International (Holdings) Limited ( (HK:2199) ).

Regina Miracle International (Holdings) has renewed a connected-party lease for its key Shenzhen premises, ensuring continued access to about 63,000 square meters of space used for research and development and manufacturing-related facilities. The new 12‑month agreement, effective 1 April 2026, sets monthly rent at RMB1,892,880 with a three‑month deposit, and allows early termination or renewal upon notice.

Because the landlord, Shun Cheong, is wholly owned by chairman and controlling shareholder Hung Yau Lit, the deal is classified as a connected transaction under Hong Kong listing rules and is subject to reporting, annual review and announcement requirements, though exempt from circular and independent shareholder approval thresholds. The board states that rent was set on an arm’s length basis with reference to market levels, and Hung abstained from voting, underscoring regulatory compliance while securing continuity of the group’s core operating facilities.

The most recent analyst rating on (HK:2199) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Regina Miracle International (Holdings) Limited stock, see the HK:2199 Stock Forecast page.

More about Regina Miracle International (Holdings) Limited

Regina Miracle International (Holdings) Limited is a Hong Kong-listed company in the manufacturing sector, operating through subsidiaries such as RMIA Shenzhen in mainland China. The group focuses on research and development and manufacturing-related activities, supported by industrial premises in Shenzhen’s Guangming District to serve its production and innovation needs.

Average Trading Volume: 308,508

Technical Sentiment Signal: Sell

Current Market Cap: HK$2.47B

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