Summary by Moomoo AI
China Wantian Holdings Limited ("the Company") announced on July 15, 2024 that its indirect wholly-owned subsidiaries Shenzhen Wantian Catering and Shenzhen Wantian Enterprise Zhongshan Branch have respectively signed renewed catering lease agreements and renewed office lease agreements with Wangu Vegetable Basket and Wangu Business Management for a term of three years each. The transaction is regarded as an assets acquisition by the Group and will confirm the value of related rights to use assets in its consolidated financial statements. As related parties involved in the transaction are connected persons of the same group of the Company, the transaction and the related party transaction are subject to disclosure according to the listing rules. The Company will send a notice of the general...Show More