HING YIP Holdings (00132) enters into a finance lease for certain designated heating equipment and facilities.

HING YIP HLDGS (00132) announced that on December 23, 2025, its subsidiary Green Gold Leasing entered into a financing lease agreement with lessee Hohhot Hetai Heating Co., Ltd. The total price for the agreement is RMB 36 million, for the lessee to acquire ownership of the assets. These assets will be leased back to the lessee for their use and possession for a period of six years. Asset 1 includes certain designated heating equipment and facilities located in Hohhot, Inner Mongolia Autonomous Region, China. Asset 2 includes other designated heating equipment and facilities located in Hohhot, Inner Mongolia Autonomous Region, China. The entering into the financing lease and related documents is part of Green Gold Leasing's normal course of business and is expected to provide stable income and cash flow for the group.