Tongda Hong Tai's (HKG:2363) subsidiary Tongda HT Technology (Suzhou) renewed its tenancy agreement as the tenant with Changshu City Jinsui Real Estate for a certain industrial factory for three years, a Tuesday filing with the Hong Kong Exchange said.
The factory is located at 15-23 Nanxin Road, Changshu, Suzhou, Jiangsu, and is under use by Tongda HT Technology.
The tenancy term started on Jan. 1, 2024, and will expire on Dec. 31, 2026, with the total payable rent for the three years amounting to about 11.0 million yuan.
The rent will be sourced through the working capital of the group.
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