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LIANHUA (00980.HK) spent 0.1 billion yuan to rent properties in Shanghai for Operation of supermarkets.
LIANHUA (00980.HK) announced that it has signed a leasing agreement with China Resources Vanguard (as the owner) for the Jiangwan property in Shanghai, to be used as a large comprehensive supermarket, supporting offices, warehouses, and Other commercial purposes, with a lease term of 66 months, and a total lease amount of approximately 0.1 billion yuan. The total leased area of the property is about 0.029 million square meters, including 4 floors and an underground parking lot, with no rent-free period. The unaudited value of the usage rights Assets confirmed by the Jiangwan lease agreement is approximately 87 million yuan.
Lianhua Supermarket Secures Major Lease in Shanghai
Express News | LIANHUA's three stores are newly opened to accelerate the revitalization.
Lianhua Supermarket Extends Cooperation With Bailian Group
LIANHUA (00980.HK) has signed a property management Business cooperation agreement with Bai Lian Group.
On December 31, Gelonghui announced that LIANHUA (00980.HK) signed a property management business cooperation framework agreement with Bailian Group, whereby Bailian Group and/or its subsidiaries agree to provide property management services for several Group locations (including offices and retail stores), including but not limited to cleaning services, maintenance and repair services, security services, and environmental greening and planting services, for a period of three years.
Lianhua Supermarket Vice Chairperson Resigns