CDB LEASING (01606) has signed a financing lease agreement with Yiyang Dongchuang Investment Construction.

CDB LEASING (01606) announced that the company, as the lessor, entered into a lease financing contract with lessee Yiyang Dongchuang Investment Construction Co., Ltd. on January 15, 2025 (after trading hours). Under the contract, (i) the lessor purchased the lease asset from the lessee for RMB 400 million, and agreed to lease the lease asset to the lessee for a period of 60 months. The total lease interest payable by the lessee during the lease term is approximately RMB 50 million. The lease asset is electronic production equipment located in Yiyang City, Hunan Province, China.