Shanghai Able Digital Science&Tech Co., Ltd. Signs Significant New Lease Agreement in Shanghai
Key Points for Investors:
- Major Lease Agreement Signed: Shanghai Able Digital Science&Tech Co., Ltd. (“the Company”; Stock Code: 2687) has entered into a new lease agreement with Chuanxi Technology (Shanghai) Co., Ltd. for prime office properties in Shanghai.
- Size and Value: The lease covers Rooms 501 (5F), 601 (6F), and 701-705 (7F) of Building 1, No. 8 Longhua Airport Road, Xuhui District, Shanghai. The monthly rent is approximately RMB1.79 million (excluding rent-free period benefits), with total right-of-use assets recognized at around RMB76.31 million under IFRS 16.
- Lease Term: The lease runs from 1 May 2026 to 30 November 2031 (both days inclusive).
- Strategic Relocation: The Company will relocate entirely to these new premises upon expiry of the current lease, citing business growth, workforce expansion, and the need for a larger, better-equipped office environment.
- Counterparty Background: The lessor, Chuanxi Technology, is ultimately owned by Alibaba Group Holding Limited, though it is considered an independent third party for regulatory purposes.
- Regulatory Disclosure: This transaction qualifies as a discloseable transaction under Chapter 14 of the Hong Kong Listing Rules, as the value of the right-of-use asset exceeds 5% but is less than 25% of the relevant ratios.
- Other Financial Terms: Property management fees are set at RMB38.00/sqm/month, totaling RMB432,773.26 per month. An initial deposit of RMB6,681,506.64 is required, covering three months’ rent and management fees.
Details for Shareholders and Potential Price-sensitive Information
- Expansion Signal: The decision to secure a larger, long-term office lease is a clear signal of the Company’s expectation for sustained growth and business expansion. Management highlights that the current premises cannot meet present and future operational requirements, and the new location is expected to alleviate shortages and support further development.
- Stable and Predictable Costs: The agreement locks in stable rental costs for over five years, which could improve cost control and support financial planning.
- Reputable Location and Landlord: The office is in a prime Shanghai location with convenient transportation and better facilities. The lessor’s ultimate beneficial owner is Alibaba Group Holding Limited, a well-known name in technology and property management circles, potentially adding to the credibility and security of the arrangement.
- Regulatory Compliance: As a discloseable transaction, full board approval was obtained, with confirmation that terms are fair, reasonable, and in the interests of the Company and its shareholders as a whole. No director abstained from voting.
- No Connected Transaction: The lessor is not a connected person under Hong Kong Listing Rules, so the transaction does not trigger related party transaction restrictions.
Comprehensive Financial Terms
- Other Fees: In addition to rent and property management fees, the Company is responsible for parking, secondary renovation management, waste removal, renovation deposits, fire construction water charges, overtime air-conditioning, and other charges per property management standards.
- Funding: All payments under the agreement will be funded from the Company’s internal resources.
- Conditions Precedent: Completion is subject to the Company fulfilling all internal decision-making procedures and information disclosure obligations as a Hong Kong-listed company.
Potential Impact on Share Price:
This announcement may be price-sensitive as it signals the Company’s confidence in its future growth and financial stability, as well as its ability to secure prime real estate with an established landlord. Investors may interpret this as a positive sign of expansion and operational security, which could influence the Company’s share value.
About the Parties:
- Shanghai Able Digital Science&Tech Co., Ltd.: A leading digital teaching and learning solution provider for higher education in China, offering digital content and environment services.
- Chuanxi Technology (Shanghai) Co., Ltd.: A PRC-incorporated technology and property management company, ultimately owned by Alibaba Group Holding Limited.
Disclaimer
This article is for informational purposes only and does not constitute investment advice. Investors should exercise their own judgment and consult professional advisers before making any investment decisions based on this information.
上海能力數字科技股份有限公司：披露性租賃協議公告（粵語版）
投資者重點：
- 重大租賃協議： 上海能力數字科技股份有限公司（「公司」；股份代號：2687）已與傳熙科技（上海）有限公司簽訂新辦公室租賃協議，租賃上海優質物業。
- 規模及價值： 涉及上海徐匯區龍華機場路8號1號樓5樓501室、6樓601室及7樓701-705室。月租約為人民幣179萬元（不含免租期優惠），根據IFRS 16所認列之使用權資產總值約人民幣7,631.2萬元。
- 租賃期限： 由2026年5月1日至2031年11月30日（首尾兩日包括在內）。
- 戰略搬遷： 現有辦公室租約臨近到期，公司將全面搬遷至新辦公室，因業務持續增長及員工擴充，現有空間已不足以應付需求。
- 出租方背景： 出租方傳熙科技最終實益擁有人為阿里巴巴集團控股有限公司，惟根據監管規定屬獨立第三方。
- 監管披露： 是次交易根據香港上市規則第14章構成披露交易，因使用權資產價值超過5%但少於25%。
- 其他財務條款： 物業管理費為每平方米每月人民幣38元，合共人民幣432,773.26元。需繳納人民幣6,681,506.64元按金，涵蓋三個月租金及管理費。
股東及潛在敏感信息要點
- 擴張信號： 簽訂長期大型辦公室租約，顯示公司對未來業務增長充滿信心，現有辦公室空間已不能滿足營運需要，新址有助緩解空間及設施限制，支持未來發展。
- 成本可控： 長期穩定的租金有利於財務規劃及成本控制。
- 地段優越、業主有實力： 新辦公室位於上海交通便利地段，設施完善，業主最終實益人為阿里巴巴集團，提升協議安全及信心。
- 監管合規： 本交易經董事會全體批准，條款公平合理，符合公司及全體股東利益，無董事需回避投票。
- 非關聯交易： 出租方屬獨立第三方，交易不構成關連交易，無觸發相關限制。
完整財務條款
- 其他雜費： 除租金及管理費外，公司還需負責車位費、二次裝修管理費、垃圾清理、裝修保證金、消防施工水費、超時空調費等，按物業管理標準收取。
- 資金來源： 所有款項由公司內部資金支付。
- 先決條件： 公司須完成所有內部決策及信息披露義務後方可執行協議。
對股價潛在影響：
此次公告反映公司對未來發展方向及財務穩健有信心，成功鎖定優質辦公資源，或被市場解讀為利好消息，可能對股價帶來正面影響。
各方簡介：
- 上海能力數字科技股份有限公司： 中國高等教育數字教學方案供應商，主要為高校提供數字內容及數字教學環境服務。
- 傳熙科技（上海）有限公司： 中國註冊成立之科技及物業管理公司，最終實益人為阿里巴巴集團控股有限公司。
免責聲明
本文章僅供參考，並不構成任何投資建議。投資者作出投資決定前，應自行判斷及諮詢專業顧問。
