Xinji Shaxi Group Seeks Mandate for Major Property Lease Acquisition

Reuters
2025/10/31
<a href="https://laohu8.com/S/03603">Xinji Shaxi</a> Group Seeks Mandate for Major Property Lease Acquisition

Xinji Shaxi Group Co. Ltd. has announced a possible very substantial acquisition involving the lease of properties related to the Xinji Hotelex Hospitality Supplies Center, the Group's second largest shopping mall and a prominent hospitality supplies wholesale market in Guangzhou, China. The current land use rights lease for the Center, entered into with the Shareholding Economic Cooperatives (SVSEC), is set to expire on May 31, 2026. A new bidding process for the lease of these properties has been organized by the Rural Collective Assets Trading Center, with details outlined in bid invitation documents approved by Shangjiao Village shareholders. The transaction is subject to shareholder approval, and the company has advised caution as the lease may or may not proceed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xinji Shaxi Group Co. Ltd. published the original content used to generate this news brief on October 31, 2025, and is solely responsible for the information contained therein.

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