HING YIP HLDGS (00132) has entered into a financing lease agreement for certain designated sewage treatment equipment and facilities.
Xingye Holdings (00132) announced that on June 12, 2025, its subsidiary Green Gold Leasing will...
HING YIP HLDGS (00132) announced that on June 12, 2025, its subsidiary Green Gold Leasing entered into a financing lease with the lessee, for a consideration of RMB 30 million (equivalent to approximately HKD 32.73 million) for the lessee to acquire ownership of certain designated sewage treatment equipment and facilities located in Huaihua City, Hunan Province, China. The assets will be leased back to the lessee for their use and possession for a period of five years.
The financing lease and related documents are a normal and regular business process for Green Gold Leasing, and is expected to provide stable income and cash flow for the group.
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