Baisheng Group Subsidiary Signs New Renewal Agreement with Mianyang for Mianyang Leasing Continuation

Bestmart Group (03368) announced that on March 13, 2026, the tenant Mianyang Fulin Bestmart Plaza Co., Ltd. (an indirect wholly-owned subsidiary of the Company) and the landlord Sichuan Mianyang Fulin Real Estate Development Co., Ltd. entered into a renewal agreement for the Mianyang lease. The tenant has been leasing the property for retail purposes since 1998. Under the Mianyang Renewal Agreement, the parties agreed to renew the lease, with a term starting from October 25, 2027, for ten years.

The property is located on the first and second floors of No. 17 Anchang Road, Fucheng District, Mianyang City, Sichuan Province, China, with a total construction area of approximately 19,800 square meters.

(Editor: He Chong)

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