003016SZSE

Progress Announcement on Leasing Idle Factory Buildings

Xinha He Co., Ltd.··3 pages

✨ AI Summary

This announcement details the progress of leasing idle factory buildings by Xinha Co., Ltd. The company has agreed to reduce the rental fee for a property leased to Xiamen Yulixin Property Co., Ltd. from January 1, 2027. The total rental amount is approximately RMB 24.6558 million, with a 3% annual increase starting in 2028. The adjustments aim to enhance asset utilization without harming shareholder interests.

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Full Translation

AI Translation· azure_openai

Xinha Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.

1. Transaction Overview

On August 18, 2025, Xinha Co., Ltd. held the 11th meeting of the 5th Board of Directors, where it approved the proposal to lease idle factory buildings. To activate the Company's existing assets and enhance overall operational efficiency, the Company agreed to lease its idle factory located at No. 95 Huli Avenue, Huli District, Xiamen City (Hongzhan Building) to Xiamen Yulixin Property Co., Ltd. (hereinafter referred to as "Xiamen Yulixin") for a total area of 20,336.38 square meters. The lease term is from August 18, 2025, to March 9, 2032, with a total rental amount of approximately RMB 30.0635 million (including tax). For further details, please refer to the announcement disclosed by the Company on August 19, 2025, in the Securities Times, Securities Daily, and on the Giant Tide Information Network (www.cninfo.com.cn) (Announcement No.: 2025-047).

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