Morimatsu International Holdings Co. Ltd. announced a connected transaction involving a lease agreement between its subsidiary, Morimatsu Heavy Industry, and Morimatsu Chemical. Under the agreement, Morimatsu Heavy Industry will lease premises in Zhuqiao Town, Pudong New Area, Shanghai, with a total gross floor area of 5,911 square meters. The transaction will be recognized as an acquisition of assets in the company's accounts in accordance with applicable accounting standards.
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