Northbell announced that Northbell Cosmetics Co., Ltd., a wholly-owned subsidiary of the company, previously signed a factory lease reservation framework agreement with Zhongshan Hongjia Technology Co., Ltd. with effective conditions, agreeing to lease its plant and supporting facilities in Suixi Village, Nantou Town, Zhongshan City for production, storage and other operations for a period of 15 years. This time, the board of directors agreed to adjust the rental area and related content of the agreement, sign the formal “Plant Lease Contract”, and authorized the management to go through the relevant formalities. If additional rental spaces such as canteens and dormitories are needed in the future, the management is also authorized to negotiate and sign the relevant agreement within the board's approval authority. This transaction does not involve a related transaction, does not constitute a major asset restructuring, and does not require submission to the shareholders' meeting for review.

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