Hing Yip HLDGS (00132) subsidiary entered into a financing lease with Guangdong Shunde Le Control Group.

date
17:10 20/11/2024
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GMT Eight
Xingye Holdings (00132) announced that on November 20, 2024, its subsidiary Green Finance Leasing reached a...
HING YIP HLDGS (00132) announced that on November 20, 2024, its subsidiary Green Gold Leasing entered into a finance lease agreement with the lessee (Guangdong Shunde Leekon Group Co., Ltd.) for a total consideration of RMB 108 million. The lessee will acquire ownership of the assets, which will be leased back to the lessee for their use and possession for a period of five years. Asset 1 includes certain specified vehicle loading equipment and facilities located in Foshan City, Guangdong Province, China. Asset 2 includes other specified vehicle loading equipment and facilities located in Foshan City, Guangdong Province, China.