Xinyuan Property Management Service (Cayman) Ltd. (HK:1895) has released an update.
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.
Xinyuan Property Management Service (Cayman) Ltd., through its subsidiary Henan Yousheng, has entered a lease agreement with Zhengzhou Sky to provide lease and management services for a cinema city, starting from September 2024 to September 2027. The deal, involving monthly rent and management fees based on property size and market rates, is significant enough to require annual reporting but not independent shareholder approval.
For further insights into HK:1895 stock, check out TipRanks’ Stock Analysis page.