SDITC (01697) has announced that on April 29, 2026, the company entered into lease agreements with Jinan Luxin Asset Management Co., Ltd., comprising a building lease contract and a parking space lease contract. Under these agreements, Luxin Asset agreed to lease, and the company agreed to rent, certain properties and parking spaces. The properties involved include partial areas on the first floor, second floor, 13th floor, and floors 32 to 35 of Tower A in the Jinding Center, located at the northeast intersection of Aoti West Road and Jiefang East Road in Lixia District, Jinan City, Shandong Province, China.

The company has been leasing parts of Tower A as its headquarters since May 1, 2022. The total leased floor area is 12,060.72 square meters, accompanied by 200 parking spaces. The lease term is four years, set to expire on April 30, 2026. Tower A is situated in the core area of Jinan's central business district, a bustling and well-connected location that hosts numerous licensed financial institutions, including banks, securities firms, and insurance companies. The area also attracts various factor markets and professional service agencies, creating a financial ecosystem and industrial synergy.

Beyond location and cost considerations, the company, after four years of observation, believes that the office space in Tower A meets the operational and communication needs of employees, investors, counterparties, and other stakeholders. Having operated in Tower A for four years, the company's investors and counterparties are familiar with the location. Renewing the lease helps maintain business continuity, employee stability, and the company's brand image.

Furthermore, the company has customized the leased space in Tower A with infrastructure built and decorated to financial industry standards. Relocating would incur high costs and pose risks of business disruption. For these reasons, the company considers renewing the lease for the relevant properties in Tower A to be more cost-effective.