ADDENTAX GROUP CORP
For the period ended Mar 31, 2024. Filed Jul 15, 2024.
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FY2024 · Filed Jul 15, 2024
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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 offices 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, 2024 | |
| Principal Office | Kingkey 100, Block A, Room 4805, Luohu District, Shenzhen, Guangdong, China | 82,000 | 303 | July 31, 2025 | |
| Additional office | Kingkey 100, Block D, Room 1628, Luohu District, Shenzhen, Guangdong, China | 12,760 | 116 | July 18, 2024 | |
| 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 | 45,000 | 720 | January 31, 2025 | |
| Warehouse and additional office | No. 3 Ping’an Avenue, Pinghu Street, Longgang District, Shenzhen, Guangdong, PRC | 30,000 | 605 | May 31, 2024 | (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 121 logistics points and they are located in 10 provinces and 2 municipalities in the PRC.
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