HING YIP HLDGS (00132) subsidiary enters into a financing lease for certain designated heating equipment and facilities.
Xingye Holdings (00132) announced that on April 28, 2026, its subsidiary Green Gold Leasing entered into a financing lease with the lessee Qiqihar Yufeng Heating Co., Ltd., for a total consideration of RMB 23 million for the lessee to obtain ownership of the assets. The assets will be leased back to the lessee for their use and possession, with a term of five years.
HING YIP HLDGS (00132) announced that on April 28, 2026, its subsidiary Green Gold Leasing entered into a financing lease with the lessee Qiqihar Yufeng Heating Co., Ltd. for a total consideration of RMB 23 million to acquire ownership of assets by the lessee. These assets will be leased back to the lessee for their use and possession for a period of five years.
Asset 1 includes several designated heating equipment and facilities located in Qiqihar City, Heilongjiang Province, China. Asset 2 includes other designated heating equipment and facilities located in Qiqihar City, Heilongjiang Province, China.
The signing of the financing lease and related documents is a normal and routine business process for Green Gold Leasing, and is expected to provide stable income and cash flow for the group.
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