HING YIP HLDGS(00132): Green Gold Leasing and Ruquan Solid Waste Treatment in Dingzhou City sign a financing leasing agreement.
Xingye Holdings (00132) announced that on October 31, 2025, its subsidiary, GreenGold Leasing...
HING YIP HLDGS (00132) announced that on October 31, 2025, its subsidiary Green Gold Leasing entered into a financing lease with the lessee Dingzhou Ruiquan Solid Waste Treatment Co., Ltd. for a total price of RMB 80 million for the lessee to obtain ownership of the assets. The assets will be leased back to the lessee for their use and possession for a period of eight years.
Asset 1 includes several designated garbage incineration equipment and facilities located in Baoding City, Hebei Province, China. Asset 2 includes other designated garbage incineration equipment and facilities located in Baoding City, Hebei Province, China. Asset 3 includes other designated garbage incineration equipment and facilities located in Baoding City, Hebei Province, China.
The entering into of the financing lease and related documents is a normal business process for Green Gold Leasing and is expected to provide stable income and cash flow for the group.
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