B · Normal
[Rongbai Technology: Plans to lease South Korea's Chungju factory and related assets to South Korea's AKB] On October 21, Rongbai Technology (688005.SH) announced that the company's wholly-owned Korean subsidiary JS Old plans to sign a lease contract and an intangible assets transfer contract with the related party South Korea's AKB. Affected by the supply chain compliance requirements of the United States' "Big and Beautiful Act", in order to revitalize the Korean production line, the company plans to lease the Chungju factory and related assets in South Korea to South Korea's AKB, with a total six-month rent of approximately 114 million yuan. At the same time, South Korea's JS Old plans to transfer four Korean patents and institutional document templates to South Korea's AKB for a price of US$13.5 million (approximately 91.5678 million yuan).
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