Baiyin Holdings (08525) subsidiary entered into a post-sale leaseback transaction with Chengxiang Group, expecting to earn 5.4635 million.

date
29/07/2025
Wisdom Financial News APP News, Boying Holdings (08525) announced that on July 28, 2025, the buyer Xiamen Boying Financial Leasing entered into a sale and leaseback transaction with Chengxiang Group based on a finance lease agreement. According to the finance lease agreement, the buyer agreed to purchase leaseback assets from Chengxiang Group for a price of RMB 24 million (equivalent to approximately 26.37 million Hong Kong dollars), and lease the leaseback assets back to Chengxiang Group for a period of 36 months, receiving lease payments in return.