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Winox Holdings Announces New Lease Agreement for PRC Subsidiary

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Winox Holdings Announces New Lease Agreement for PRC Subsidiary

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Winox Holdings Limited ( (HK:6838) ) has issued an update.

Winox Holdings Limited has announced a new lease agreement between its PRC subsidiary and Fengtai Co for certain premises in Dongguan City, Guangdong Province. This agreement, effective from April 1, 2025, to March 31, 2027, is a connected transaction under Hong Kong’s Listing Rules, with a total rent of approximately RMB3.669 million. The transaction is recognized as an acquisition of right-of-use assets and is subject to reporting requirements but exempt from independent shareholders’ approval.

More about Winox Holdings Limited

Winox Holdings Limited is a company incorporated in the Cayman Islands, operating in the industrial and manufacturing sector. The company focuses on leasing premises for industrial and factory use, with a market focus on the People’s Republic of China.

YTD Price Performance: -4.00%

Average Trading Volume: 121,425

Technical Sentiment Signal: Buy

Current Market Cap: HK$216M

For an in-depth examination of 6838 stock, go to TipRanks’ Stock Analysis page.

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