Item 2. Properties
Item
2. Properties
Our
principal place of business is located at Kingkey 100, Block A, Room 4805, Luohu District, Shenzhen City, China 518000 and the telephone
number is +(86) 755 8233 0336, which is leased from a company controlled by our CEO. We also lease another four properties in the PRC
from independent third parties which serve as our manufacturing factory and dormitory and additional office s
and commercial building for subleasing. The following table sets forth a summary of certain information regarding our leased properties:
Property Type
Address
Monthly
Rental (RMB)
Size
(Square Meter)
Expiration
date
Manufacturing factory
Room 501, No. 5 Luotang Road,
Dongcheng District,
Dongguan, Guangdong, PRC
4,400
600
December
31, 2027
Principal Office
Kingkey 100, Block A, Room 4805,
Luohu District, Shenzhen,
Guangdong, China
82,000
303
July
31, 2025
Additional office
No. 41-46, Building D, Block B, Jinpeng
Distribution Center, No. 536,
Sha Ping North Rd, Danping Committee,
Nanwan St, Longgang, Shenzhen,
Guangdong, PRC
45,600
720
August 10, 2025
Warehouse and additional office
No. 3 Ping’an Avenue, Pinghu Street,
Longgang District, Shenzhen,
Guangdong, PRC
30,250
605
May
31, 2026 (1)
(1)
The Company has been negotiating on the renewal
of the lease agreement for the property, and is currently continuing to use this property after expiry of the previous lease agreement.
We
also have 114 logistics points and they are located in 10 provinces and 2 municipalities in the PRC.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.