Everbright Jiabao unit to lease property from affiliate

Everbright Jiabao announced that its controlling subsidiary, Everbright Antstone (Beijing) Asset Management, intends to lease property in Zhuhai from Zhuhai Anyuan Investment, a subsidiary of indirect parent company China Everbright Holdings. The lease, covering 2,041.66 square meters, is for a term of 120 months and will be used for co-working space. The estimated rental payment to Zhuhai Anyuan will not exceed RMB 21.181 million, with the exact amount depending on actual rental income. This transaction constitutes a related party transaction but does not qualify as a major asset restructuring. The deal has been approved by Everbright Jiabao's board, subject to shareholder approval.