EDA Group Holdings (02505) announced on September 16, 2026, that its wholly-owned subsidiary, EDA Cloud GmbH, has entered into a lease agreement with landlord Henning Conle GmbH & Co. KG for a property located in Dortmund, Germany.
The property, situated at Weißenburger Street 69/71, 44145 Dortmund, covers approximately 13,709.53 square meters. The board believes that entering into this lease provides the group with an opportunity to enhance its global logistics network and layout, aligning with the group's overall strategic direction of becoming a leading global AI-driven logistics technology services provider. The property under the lease agreement will be utilized as the company's self-operated warehouse in Germany.