CHINA HANKING (03788): Hanking Ginseng Iron and Shengtai Property have entered into a lease agreement for the rental property.

CHINA HANKING (03788) announced that on December 23, 2025 (after trading hours), its indirect wholly-owned subsidiary Hanwang Ginseng Iron (as tenant) has entered into a lease agreement with Shengtai Property (as landlord) for a lease term from January 1, 2026 to December 31, 2028 (inclusive of both dates), for a period of three years. The leased property is located on the 10th, 20th, 21st, 22nd, 23rd floors, and 3rd level podium of Hanwang Building at 227 Qingnian Street, Shenhe District, Shenyang City, Liaoning Province, China. The terms of the lease agreement (including the rent payable and property management fees) were negotiated by the parties in a fair manner, taking into account (i) the historical rent payable by the Group to the landlord; (ii) the prevailing market rent for comparable properties in the vicinity of the leased property; and (iii) the prevailing property management fee rates charged by independent third-party service providers for properties comparable to the leased property. The directors (including independent non-executive directors) believe that the lease agreement was entered into on normal commercial terms, the terms are fair and reasonable, and are in the overall interest of the Company and its shareholders. The lease agreement was entered into as part of the Group's normal and daily business operations.