BetterLife Holding (HKG:6909) subsidiary Beijing Better Life Group is acquiring certain assets from Beijing Chendebao for 18 million yuan, according to a Hong Kong Exchange filing on Thursday.
Under the agreement, Beijing Better Life will acquire machinery and equipment, office equipment, and self-built buildings on rented land from Beijing Chendebao.
Additionally, Beijing Better Life entered into a lease agreement to rent a dealership store.