Item 2. Properties
Item 2.
Properties
We currently maintain our principal executive offices at 16F, Shihao Square, Middle Jiannan Blvd., High-Tech Zone, Chengdu, Sichuan, People’s Republic of China 610000, comprising an aggregate of 965, 461 and 380 square meters under lease agreements that expire in March 2023, March 2024, and February 2026, respectively. The cost for these offices is approximately $20,000 per month in aggregate.
We maintain another four offices for our Automobile Transaction and Related Services and Online Ride-hailing Platform Services in the cities of Chengdu, Changsha and Guangzhou, China. The total area of our offices in Changsha is 680 square meters. We lease those offices for a total monthly rent of approximately $4,300 under two lease agreements that expire in October 2023. The total area of our offices in Guangzhou is 530 square meters. We lease those offices for a total monthly rent of approximately $5,300 under two lease agreements that expire in December 2022 and March 2024, respectively. The total area of the offices of our equity investee company, Jinkailong, is approximately 2,907 square meters in Chengdu. Jinkailong leases those offices for a total monthly rent of approximately $7,300 under two lease agreements that expire in August 2024 and December 2023, respectively.
We also lease two parking lots for automobiles in Changsha and Guangzhou and an exhibition hall in Changsha, with total areas of 1,503 square meters. The monthly rent for these parking lots and the exhibition hall is approximately $2,900 in aggregate and approximately $6,700, respectively. Jinkailong leases a parking lot with total area of approximately 6,700 square meters in Chengdu. The monthly rent was approximately $2,900.
We consider our current facilities adequate for our current operations.
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