ZGC TEC LEASING (01601) has signed a financing lease agreement with Anhui Lucong Environmental Protection.

ZGC TEC LEASING (01601) announced that on January 20, 2025, the company entered into a financial leasing agreement with lessee Anhui Lukong Environmental Protection Co., Ltd., as the lessor. According to the agreement, (i) the lessor will purchase the lessee's own leasing assets for a transfer price of RMB 49 million; and the lessor will lease back the assets to the lessee for a lease term of 36 months, with a total lease payment of approximately RMB 52.8912 million, including a financial leasing principal of RMB 49 million and financial leasing interest income (including VAT) of approximately RMB 3.8912 million. The leased asset is a waste lead-acid battery dismantling system, with a net book value of approximately RMB 49,783,091.08.