According to the Zhitong Finance App, HM INTL HLDGS (08416) announced that on March 4, 2024, the tenant Xuan Da Information Services (a wholly-owned subsidiary of the company) (as the lessee) and the lessor Gewei (independent third party) (as lessor) entered into a lease agreement for a period of 5 years, from April 1, 2024 to March 31, 2029 (including the first and last two days).

These properties are on the 35th floor of Dah Sing Financial Center, 248 Queen's Road East, Wan Chai, Hong Kong, China.

According to the announcement, the Group's current headquarters and main place of business in Hong Kong are located on the 9th floor of the Infinitus Plaza commercial development project at 199 Des Voeux Road, Hong Kong, with a monthly rent of HK$589,000 (not including rates, management fees, air conditioning charges and other expenses). The lease will expire on July 31, 2024. The Board believes that entering into a lease agreement provides an opportunity for the Group to relocate its headquarters in Hong Kong, China, while also benefiting from lower rents.