SHANGHAI IND H (00363) has announced that on May 21, 2026, its indirect non-wholly owned subsidiary, Qianji Hong Kong, entered into an operating lease agreement with the property owner. Under this agreement, Qianji Hong Kong will lease a property located at 39, 41, 43, 45, and 47 Wei Qing Street, Jordan Road, Yau Ma Tei, Kowloon, Hong Kong. The property will be operated as student dormitories in accordance with the Hong Kong Special Administrative Region Government's "City-in-School Hostel Scheme."