ELEPHANT HLDGS (08635) Subsidiary to Lease Shenzhen Property

Stock News
Sep 30

ELEPHANT HLDGS (08635) announced that on September 30, 2025, its indirect wholly-owned subsidiary Guangdong Tiantiansong (as lessee) entered into a lease agreement with a landlord (as lessor) for the rental of a property. The lease term spans three years, commencing from September 30, 2025, and ending on September 29, 2028.

The leased property is situated at Unit 1, 38th Floor, Tower A, Huahai Financial Innovation Center, located at the intersection of Menghai Avenue and Binhai Avenue in Qianhai Shenzhen-Hong Kong Cooperation Zone, Shenzhen, Guangdong Province, China.

Guangdong Tiantiansong has entered into this lease agreement to utilize the property as office space to support its operations as well as those of Da Jin Xiang. The rental payments and other expenses payable by Guangdong Tiantiansong under the lease agreement will be funded through net proceeds and the Group's internal resources.

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