Regina Miracle Renews Connected-Party Factory and Dormitory Leases in Zhaoqing

Regina Miracle International (Holdings) Limited ( (HK:2199) ) just unveiled an update.

Regina Miracle International has renewed key connected-party leases for its production and staff living facilities in Zhaoqing, China, securing a nine‑month extension from 1 April to 31 December 2026 for parts of its Lijing RM factory premises at a monthly rent of RMB2.09 million. Over the same period, it will also lease associated living units from a related entity for RMB301,752 per month, ensuring continuity of accommodation for its employees.

The counterparties, RM Technology and RM Investment, are entities indirectly wholly owned by chairman and controlling shareholder Mr. Hung, making the arrangements connected transactions under Hong Kong listing rules. Because the renewed leases are similar in nature and counterparties to prior 2025 leasing agreements, the Hong Kong Stock Exchange requires the various property leases to be aggregated and treated as a single connected transaction for compliance and disclosure purposes.

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 manufacturer in the intimate apparel and related textile products sector, operating production facilities including factories and living units in mainland China. The group relies on long-term property leasing arrangements to support its manufacturing operations and workforce accommodation, particularly in locations such as Zhaoqing.

Average Trading Volume: 308,508

Technical Sentiment Signal: Sell

Current Market Cap: HK$2.47B

For a thorough assessment of 2199 stock, go to TipRanks’ Stock Analysis page.