WANG ON GROUP (01222): Kaifeng Hongjin and Jiangsu Finance enter into a sale and leaseback agreement

Zhito Finance APP News, WANG ON GROUP (01222) announced that on October 12, 2026, Kaifeng Hongjin (as lessee) entered into a sale and leaseback agreement with Jiangsu Finance (as lessor) for a sale and leaseback arrangement, with a sale price of RMB 20 million. The leased assets include certain facilities, machinery, and equipment owned by Kaifeng Hongjin and used by Kaifeng Hongjin at the Kaifeng City logistics center.