UNIVERSAL TECH (01026) Subsidiary Leasing Guangzhou Yuexiu District Property
06/01/2025
GMT Eight
UNIVERSAL TECH (01026) announced that on December 31, 2024, the owner and tenant (a wholly-owned subsidiary company, Guangzhou Hengxin Yuxuan Industrial Development Co., Ltd.) entered into a lease agreement for the property for the Group's commercial property leasing business, with a duration of five years starting from January 1, 2025.
The property includes the East Mountain Jinxuan Modern City Commercial Complex (mall) located at No. 4 and No. 6 Nonglinxia Road, Yuexiu District, Guangzhou, China, covering the first floor (entire floor), part of the first floor, part of the fourth floor (including mezzanine floor), part of the fifth floor, and part of the sixth floor, with a total floor area of approximately 8,944 square meters.