LiqTech enters 8-year lease for 8,524 sqm China factory; base rent RMB 30/sqm

LIQTECH INTERNATIONAL INC

8-year lease (2021–2029) for 8,524.67 sqm facility in Taicang, Jiangsu, China; used for filtration product manufacturing and warehousing.
Monthly base rent: RMB 30/sqm (years 1–4) then RMB 33.6/sqm (years 5–8); plus property management fee RMB 2/sqm (years 1–4) then RMB 2.24/sqm.
Preferential rental period Sept 2021–June 2022: base rent reduced by 50%; full rent resumes July 2022.
Initial lease deposit of three months' rent (RMB 767,220) payable within 15 business days of agreement.
LiqTech granted right of first refusal for adjacent Phase III plant of similar size, expected available Dec 2022.

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