HING YIP HOLDINGS (00132) entered into a subsidiary lease financing agreement.

HING YIP HLDGS (00132) announced that on October 23, 2025, its subsidiary, Green Gold Leasing, entered into a financing lease agreement with lessees (Dehui Yongqing Heating Co., Ltd., Dehui Changsheng Heating Co., Ltd., Dehui Jinhui Heating Co., Ltd.) for a consideration of RMB 30 million to transfer ownership of assets to the lessees. The leased assets, which include various designated heating equipment and facilities located in Changchun City, Jilin Province, China, will be leased back to the lessees for their use and possession for a period of five years.