HING YIP HLDGS (00132) subsidiary enters into financing lease for certain designated heating equipment and facilities.

HING YIP HLDGS (00132) announcement that on October 27, 2025, its subsidiary Green Gold Leasing entered into a financing lease with lessee Wuji County Xinguang Heat and Power Co., Ltd. for a consideration of RMB 30 million to acquire ownership of assets by the lessee. The assets will be leased back to the lessee for their use and possession for a period of 54 months. The assets include certain designated heating equipment and facilities located in Shijiazhuang, Hebei Province, China. The signing of the financing lease and related documents is a normal and regular business process for Green Gold Leasing, and it is expected to provide stable income and cash flow for the Group.