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Shanshan Brand Management Co. Ltd. Class H ( (HK:1749) ) has issued an announcement.
Shanshan Brand Management Co., Ltd. has entered into a new lease agreement with Ningbo Yiduofu for a property in Ningbo City, Zhejiang province, effective from June 1, 2025, to May 31, 2026. The agreement, valued at approximately RMB8,000,000, will be recognized as an acquisition of right-of-use assets under HKFRS 16, constituting a discloseable transaction under Hong Kong’s Listing Rules. This move ensures the company maintains its operational spaces for warehousing, workshops, and offices, supporting its ongoing business activities.
More about Shanshan Brand Management Co. Ltd. Class H
Shanshan Brand Management Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, focusing on brand management. The company operates in the leasing sector, utilizing properties for warehousing, workshops, and office spaces.
Average Trading Volume: 122,763
Technical Sentiment Signal: Buy
Current Market Cap: HK$142.7M
Learn more about 1749 stock on TipRanks’ Stock Analysis page.