Shenzhen Kexin Communication Technologies Co LtdWholly-owned subsidiary plans to lease a Huizhou factory building for 10 years at ~90.49M yuan total rent, a capital commitment with unclear net effect.

Kexin Technology announced on September 30 that its wholly-owned subsidiary plans to lease Factory Building One of an industrial park located in Huiyang District, Huizhou, to Huizhou Xiangxin Property Management Co., Ltd. The lease term is 10 years, including a rent-free period, with total rent of approximately 90.49 million yuan. In the first half of 2026, Kexin Technology achieved revenue of 329 million yuan and a net loss attributable to the parent company of 24.65 million yuan.
Shenzhen Kexin Communication Technologies Co LtdWholly-owned subsidiary plans to lease a Huizhou factory building for 10 years at ~90.49M yuan total rent, a capital commitment with unclear net effect.
Named as the lessee of the Huizhou industrial park factory building, but the article gives no financial details about this private property manager.