Legal analysis: The contract has not expired and can be renewed. Before the expiration of the contract, the parties may negotiate on their own to determine the time for renewal. For example, before the lease contract expires, the parties may renew it through consultation, but the longest renewal period shall not exceed 2 years.

Legal basis: Article 49 of the Civil Code of the People's Republic of China, if the parties conclude a contract in the form of a contract, the contract shall be established upon signature, seal or fingerprinting by all parties. Before signing, sealing or fingerprinting, one party has fulfilled its main obligations, and the contract is established when the other party accepts it. Article 74 The contents of a lease contract generally include terms such as the name, quantity, purpose, lease term, rent, payment term and method, and maintenance of the lease item. Article 75 The lease term shall not exceed 2 years. More than twenty years, the excess part is invalid. Upon the expiration of the lease term, the parties may renew the lease contract; However, the agreed lease term shall not exceed twenty years from the date of renewal.