Jiahua Stores H (00602) announced that its tenant, Shenzhen Baijiahua Department Store Co., Ltd. (a wholly owned subsidiary of the company), has signed a long-term leasing agreement with independent owner Shenzhen Wohua Technology Co., Ltd. for leasing properties to operate new retail stores starting on July 13, 2024. The property includes several retail spaces located on the B1 floor B1-28/B1-29/B1-30 of Jiangnan Times Square, No. 4033 Bantian Street, Longgang District, Shenzhen, Guangdong Province, China, with a total area of 4,157 square meters owned by the independent owner.
Jiahua Stores H (00602) announced that its tenant, Shenzhen Baijiahua Department Store Co., Ltd. (a wholly owned subsidiary of the company), has signed a long-term leasing agreement with independent owner Shenzhen Wohua Technology Co., Ltd. for leasing properties to operate new retail stores starting on July 13, 2024. The property includes several retail spaces located on the B1 floor B1-28/B1-29/B1-30 of Jiangnan Times Square, No. 4033 Bantian Street, Longgang District, Shenzhen, Guangdong Province, China, with a total area of 4,157 square meters owned by the independent owner.
Today is mainly engaged in property investment, operation, management of retail stores and shopping centers in China. It opened its first shopping center in Shenzhen in 2017 and currently operates nine retail stores and three shopping centers as of the date of this announcement. In order to further expand its retail network, it has entered into a long-term leasing agreement with an independent owner to lease relevant retail spaces and open new retail stores in Longgang District, Shenzhen, Guangdong Province, China.