Ten Pao Renews 2026 Related-Party Tenancy Agreements for Key Operating Premises

Ten Pao Group Holdings Limited ( (HK:1979) ) has provided an update.

Ten Pao Group Holdings Limited has renewed a series of related‑party tenancy arrangements under which subsidiaries Ten Pao Precision, Ten Pao International and Ten Pao Chuangneng lease properties from entities connected to the group’s chairman, including Sky Fortune, Golden Lake and Tiannengyuan Charging. The company has extended the existing 2025 tenancy agreements to new 2026 tenancy agreements, ensuring ongoing access to key operational premises while classifying the leases as continuing connected transactions under Hong Kong listing rules; because the relevant transaction size ratios fall between 0.1% and 5%, the deals are subject to reporting, annual review and announcement requirements but are exempt from circular issuance and independent shareholders’ approval, streamlining compliance while maintaining regulatory oversight of these related‑party arrangements.

The most recent analyst rating on (HK:1979) stock is a Buy with a HK$2.50 price target. To see the full list of analyst forecasts on Ten Pao Group Holdings Limited stock, see the HK:1979 Stock Forecast page.

More about Ten Pao Group Holdings Limited

Ten Pao Group Holdings Limited is a Hong Kong‑listed company that operates through indirect wholly owned subsidiaries such as Ten Pao Precision and Ten Pao International, as well as related entity Ten Pao Chuangneng. Through these units, the group leases and utilises industrial and commercial properties in Mainland China and Hong Kong to support its manufacturing and operational activities, often via arrangements with entities ultimately controlled by its chairman, Hung.

Average Trading Volume: 363,877

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.17B

For a thorough assessment of 1979 stock, go to TipRanks’ Stock Analysis page.