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Tian Lun Gas Holdings' Subsidiaries to Lease Properties for Office Use, Hire Property Manager
[Hong Kong Stock Connect] TIAN LUN GAS (01600) has entered into two leasing agreements with a total annual rent of 4.5 million yuan.
Jinwu Finance News | TIAN LUN GAS (01600) announced that two subsidiaries, Henan TIAN LUN and Henan Shoukai, have respectively entered into leasing agreements with TIAN LUN Education for leasing properties in Zhengzhou, with an annual rent of 4.5 million yuan (RMB, the same below). In addition, the two subsidiaries have also entered into property management service agreements with New TIAN LUN Property Management for a period of 3 years. According to the announcement, the Executive Director and major Shareholder Zhang Yingcen Holds TIAN LUN Education and New TIAN LUN Property. The leased properties are located at the intersection of Jiuru East Road and Huanghe East Road in Zhengdong New District of Zhengzhou, with a total construction area of 5,606 and 1,193 square meters respectively, used as offices, with annual rents of 3.71 million and 0.79 million.
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