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Lisi Group Announces Lease Agreement Renewal with Da Mei

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Lisi Group Announces Lease Agreement Renewal with Da Mei

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Lisi Group (Holdings) Limited ( (HK:0526) ) has provided an update.

Lisi Group (Holdings) Limited has announced a continuing connected transaction involving a lease agreement between its wholly owned subsidiary, Lisi Household, and Da Mei. The lease, effective from October 1, 2025, to September 30, 2026, renews a previous agreement set to expire in September 2025. This transaction is subject to reporting and announcement requirements under Chapter 14A of the Listing Rules due to Da Mei’s status as a connected person of the company, but it is exempt from circular and independent shareholders’ approval requirements.

More about Lisi Group (Holdings) Limited

Lisi Group (Holdings) Limited operates in the property holding industry through its subsidiary, Da Mei (Ningbo) New Materials Company Limited. The company is involved in leasing properties and is connected to various stakeholders, including its Chairman and substantial shareholder, Mr. Li Lixin.

Average Trading Volume: 1,372,482

Technical Sentiment Signal: Sell

Current Market Cap: HK$716.4M

See more insights into 0526 stock on TipRanks’ Stock Analysis page.

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