United Warehouse Management Limited (MVNC Subsidiary) Signed New 12-Year Land Lease to Expand Warehouse Operations

Rhea-AI Summary

Marvion (OTCQB: MVNC) announced that its wholly owned subsidiary United Warehouse Management Limited signed a new 12-year land lease with Kwan Tai Limited on October 13, 2025 to expand adjacent leased premises.

Under the agreement the subsidiary will construct two additional medium-sized warehouses, increasing overall storage capacity and operational flexibility to support growing warehousing and logistics demand. The company said its three existing warehouses are fully operational with steady occupancy and a high renewal rate among key clients. The expansion is framed as a strategic step to optimize assets and pursue long-term shareholder value.

Positive

• 12-year land lease signed to secure long-term site access
• Construction of two additional medium-sized warehouses
• Increased storage capacity and enhanced operational flexibility
• Existing three warehouses reported fully operational with steady occupancy and high renewal rate

Negative

• None.

HONG KONG, Oct. 13, 2025 /PRNewswire/ -- Marvion Inc. (OTCQB: MVNC) is pleased to announce that its wholly owned subsidiary, United Warehouse Management Limited, has entered into a new 12-year land lease agreement with Kwan Tai Limited, extending the company's existing leased premises to adjacent areas in order to support the growing demand for warehousing and logistics operations.

Under the new agreement, United Warehouse Management Limited will construct two additional medium-sized warehouses adjacent to its current facilities. This expansion will increase the overall storage capacity and enhance the company's operational flexibility to accommodate a wider range of storage and logistics services.

The company confirmed that all three existing warehouses have been fully operational, with steady occupancy and a high renewal rate among key clients. This expansion represents another milestone for MVNC's logistics strategy, reinforcing its commitment to optimizing assets and delivering sustainable long-term value for shareholders.

About Marvion

Mavion (OTCQB: MVNC) is a group provides logistics and warehousing services in the Hong Kong market. The group provides one-stop transport and storage solutions to business clients.

Website: http://www.unitedksk.com

For media queries, please contact:
ir@unitedksk.com

View original content:https://www.prnewswire.com/news-releases/united-warehouse-management-limited-mvnc-subsidiary-signed-new-12-year-land-lease-to-expand-warehouse-operations-302581845.html

SOURCE Marvion Inc.

FAQ

What did MVNC announce on October 13, 2025 about warehouse expansion?

Marvion announced that United Warehouse Management signed a 12-year land lease and will build two additional warehouses adjacent to current facilities.

How long is the land lease United Warehouse Management signed with Kwan Tai Limited (MVNC)?

The lease term is 12 years.

How will the new lease affect MVNC's storage capacity and operations?

The agreement enables construction of two medium-sized warehouses, increasing storage capacity and operational flexibility.

Are MVNC's existing warehouses currently in use and occupied?

Yes; the company confirmed all three existing warehouses are fully operational with steady occupancy and a high renewal rate.

What is the strategic purpose of MVNC's new 12-year land lease?

The company described the lease as supporting growing logistics demand and optimizing assets to deliver long-term shareholder value.

Will MVNC build new facilities immediately after signing the lease?

The announcement states the subsidiary will construct two additional medium-sized warehouses under the new lease; no construction dates were specified.