YUES INTL HLDG (01529) subsidiary signed a construction agreement for the Jiangxi Lelaohao Traditional Chinese Medicine Logistics Industrial Park project.
Lok Sin Tong International Holdings Limited (01529) announces that on January 23, 2026, a subsidiary company, Jiangxi Lelao Chinese Medicine Industry Technology Development Co., Ltd. (owner), entered into a construction contract (construction agreement) with Fuzhou City Chuanghong Construction Engineering Co., Ltd. (contractor). The contractor agrees to provide construction services for the Jiangxi Lelao Chinese Medicine Logistics Industrial Park project (the project) to be built in the south of Chuangye Avenue, Dongxiang District, Fuzhou City, Jiangxi Province, west of Anshi Mingzhu.
YUES INTL HLDG (01529) announced that on January 23, 2026, its indirectly wholly-owned subsidiary, Jiangxi Lelao Zhong Yi Yao Chan Ye Ke Ji Fa Zhan You Xian Gong Si (the owner), entered into a construction agreement (the Construction Agreement) with Fuzhou Chuang Hong Construction Engineering Co., Ltd. (the contractor) for the construction of the Jiangxi Lelao Zhong Yi Yao Wu Liu Chan Ye Yuan Project (the Project) to be built on a piece of land south of Chuangye Avenue and west of Anshi Mingzhu in Dongxiang District, Fuzhou City, Jiangxi Province, China.
The Project involves the construction of a traditional Chinese medicine logistics industry park on the land to improve the quality of warehousing services for traditional Chinese medicine products. As mentioned in the Company's announcement dated October 22, 2024, the traditional Chinese medicine logistics industry park will also serve other business segments of the Group, including traditional Chinese medicine warehousing, distribution, healthcare, and wellness, in order to expand into a broader market. The Board believes that through diversifying the Group's business, this strategic move will support long-term development and enhance shareholder profitability and returns.
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