DALIPAL HLDG (01921) has entered into a leasing agreement.

DALIPAL HLDG (01921) announced that on August 24, 2026 (after trading hours), the tenant (a wholly-owned subsidiary of the company) entered into a lease agreement with the landlord, Energy City Development Company, for a twenty-five-year term starting from August 24, 2026 (the effective date), for the development of the Group's production facilities in Saudi Arabia. The property is a portion of a total construction area of 1,030,900 square meters within the King Salman Energy City in Saudi Arabia, designated as a private industrial city by the Saudi Industrial and Technology Parks Authority. Facing a complex environment, the Group has consistently positioned the development of the Middle Eastern market as its core business strategy. As disclosed in the Company's annual report for the year ending December 31, 2025, the Group has been dedicated to promoting the establishment of a high-end energy equipment intelligent manufacturing base in Saudi Arabia's SPARK, which is anticipated to strengthen the Group's position in the Middle Eastern market and enhance its international influence. This lease marks a significant advancement in the Group's Middle Eastern development strategy. Establishing a manufacturing base at this property is expected to provide localized production capabilities for Saudi Arabia, thereby enhancing operational response speed, optimizing supply chain logistics, and reducing the cost structure for regional customer procurement. The lease has a duration of twenty-five years, providing strong structural predictability and operational stability. The Company believes that this lease is beneficial to the Group's operational needs and will reinforce the Group's competitive advantage in the region, enabling future development and growth to benefit from it.