Zhejiang Lianxiang Smart Home Subsidiary to Lease Factory Buildings

MT Newswires Live

2025/11/28

Zhejiang Lianxiang Smart Home (SHA:603272) subsidiary Zhejiang Lianxiang Green Building Materials will lease its factory buildings to Jiaxing Jindian Electric for 1.20 billion yuan per year for three years, according to a Friday filing with the Shenzhen bourse.

The lease will run from Nov. 27, 2025 to Nov. 26, 2028.

Shares rose 1% during afternoon trading on Friday.

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