Leadway Technology Investment Group Limited released a supplemental announcement clarifying the basis for the rent under its new lease agreement, classified earlier as a discloseable transaction.
Rental negotiations with the landlord began in January 2026. Management conducted a market survey during the first half of 2026, comparing per-square-foot rates of comparable grade-A offices near the premises and across different floors of the same building. The agreed rent was confirmed to be within the prevailing average market range and represents a “significant decrease” versus the recently expired lease, directly lowering the Group’s rental expense over the new term.
In finalising the lease, the Board also assessed: 1) market prices for similar properties nearby; 2) the need to maintain operational stability; 3) avoidance of business disruption; and 4) minimisation of relocation costs, as the site has served as the Group’s Hong Kong headquarters since 2017.
All other details from the 7 August 2026 announcement remain unchanged. Co-Chairmen Zhang Xueqin and Mai Qiqi signed the supplemental disclosure on 21 August 2026.
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