According to the Zhitong Finance App, One Lighting (08222) issued an announcement. The company's wholly-owned subsidiary determines the terms of the lease agreement with the tenants and owners Deng Jufang and Zhuang Biyu (independent third parties) to enter into a lease agreement as a retail store in the Group's retail business. The property is located on the ground floor, No. 623 Shanghai Street, Kowloon.

Due to the nature of the retail business in Hong Kong, the Group is required to enter into leasing agreements for the rental of retail stores from time to time. Leasing properties will benefit the Group and create a synergy effect in the Group's retail network. The Group can also expand its retail network to lay the foundation for future long-term development.

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