Asiaray (01993.HK) announced on June 27th that it has obtained the advertising resources operation contract for Shenzhen Metro Line 4 and Line 13 from Shanghai Advertising. Shanghai Advertising has respectively signed formal agreements with MTR (Shenzhen) and MTR Zhongtie Rail Transit for the grant of franchise space and related franchise operation rights. Based on the total franchise operation fees and the value of the right to use assets under the formal agreement, all applicable percentage rates proposed to be traded under the formal agreement do not exceed 5% when calculated on a consolidated basis. Therefore, according to Chapter 14 of the Listing Rules, entering into the formal agreement does not constitute a disclosure requirement for the Company and the Company does not need to issue a separate announcement in this regard.
雅仕维(01993.HK)：上海广告传播分别与港铁(深圳)及港铁中铁轨道订立特许经营权正式协议
Asiaray (01993.HK): The company has officially signed franchise agreements for advertising and communications in Shanghai with MTR (Shenzhen) and MTR CRRC.
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