tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Aowei Holding Limited Renews Tenancy Agreement with Ritan Club

Story Highlights
Aowei Holding Limited Renews Tenancy Agreement with Ritan Club

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An announcement from Aowei Holding Limited ( (HK:1370) ) is now available.

Aowei Holding Limited has announced the renewal of its tenancy agreement with Ritan Club for premises located in Beijing. The 2025 Tenancy Agreement, effective from October 1, 2025, to September 30, 2026, involves a gross floor area of 1,537.36 square meters with an annual rent of RMB1,720,000. This transaction is considered a connected transaction due to the involvement of Mr. Li Yanjun, a director and controlling shareholder, and is subject to certain reporting requirements under Hong Kong’s Listing Rules.

The most recent analyst rating on (HK:1370) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Aowei Holding Limited stock, see the HK:1370 Stock Forecast page.

More about Aowei Holding Limited

Aowei Holding Limited is a company incorporated in the British Virgin Islands and continued in the Cayman Islands with limited liability. It operates in the real estate sector, focusing on property leasing and management, particularly in the Chaoyang District of Beijing.

Average Trading Volume: 41,342

Technical Sentiment Signal: Sell

Current Market Cap: HK$417M

See more data about 1370 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1