Goodbaby International Holdings (HK:1086) has released an update.
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Goodbaby International Holdings Limited has announced the renewal of its lease agreements set to expire in December 2024, with the new leases commencing in January 2025 for a term of three years. The transactions are significant enough to warrant reporting and announcement obligations, as they involve the recognition of right-of-use assets estimated at approximately RMB 45.56 million. These lease renewals are part of the company’s ongoing commitment to its production and manufacturing facilities.
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