Sunny Loan Top (SHA:600830) is leasing the first and second floors of the property at No. 1-9, Dalai St., Haishu District in Ningbo City to Laowang (Shanghai) Catering Management.
The lease is for a term of 10 years, with the annual rent until July 31, 2029, at 1.5 million yuan, and from Aug. 1, 2029, to July 31, 2034, at 1.6 million yuan, according to a Thursday filing with the Shanghai bourse.
Sunny Loan Top shares closed 2% higher Friday.
Price (RMB): ¥7.25, Change: ¥+0.13, Percent Change: +1.83%
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