Zhejiang Lianxiang Smart Home Subsidiary to Lease Factory Buildings
MT Newswires Live
Nov 28
Zhejiang Lianxiang Smart Home (SHA:603272) subsidiary Zhejiang Lianxiang Green Building Materials will lease its factory buildings to Jiaxing Jindian Electric for 1.20 billion yuan per year for three years, according to a Friday filing with the Shenzhen bourse.
The lease will run from Nov. 27, 2025 to Nov. 26, 2028.
Shares rose 1% during afternoon trading on Friday.
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