EDA Group Holdings announced a major transaction under HKEX rules: wholly owned subsidiary EDA Cloud UK has executed a 10-year lease for 324,366 sq ft of logistics space at Citadel Logistics Centre, West Midlands, commencing 23 July 2026.

Key lease economics • Total estimated rent: £25.44 million, based on contractual terms and a minimum 2% annual CPI uplift baked into the first rent review on the fifth anniversary. • VAT on rent: £5.09 million (recoverable through UK VAT returns). • Initial annual rent: £1.38 million (£4.25/sq ft) for the first 20 months; thereafter £2.76 million (£8.50/sq ft) until the July 2031 review. • Rent concessions: 50% reduction during months 61-70 (i.e., the first 10 months after the fifth anniversary). • Rent review mechanism: higher of CPI-linked rent (2%-4% collar) or open-market rent every five years. • Bank guarantee: up to £1.65 million covering rent and related VAT. • Insurance rent: payable on a pass-through basis; amount variable.

Accounting impact • Right-of-use asset and matching lease liability of approximately £18.85 million (RMB171.00 million) will be recognised on commencement. • First-year incremental charges: depreciation c. £0.90 million and finance cost c. £0.50 million. • The transaction lifts both total assets and total liabilities by the same £18.85 million, with no immediate effect on net equity.

Strategic rationale The new self-operated UK warehouse expands EDA Group’s global logistics footprint, supporting its cross-border e-commerce fulfilment strategy.

Regulatory status The lease qualifies as a “major transaction” because the right-of-use asset exceeds 25% of EDA Group’s size test thresholds. Majority shareholders EDA Shine International and Samanea China Holdings, jointly holding 55.7% of shares, have provided written approval, dispensing with the need for a general meeting.