ZGC TEC LEASING (01601) entered into a financing lease agreement for the production equipment of negative electrode materials.

ZGC TEC LEASING (01601) announced on December 23, 2025 that the company, as the lessor, entered into a financing lease agreement III with Inner Mongolia Snore New Materials Technology Co., Ltd., the lessee. Pursuant to this agreement, (i) the lessor will purchase lease asset III owned by the lessee for a transfer price of RMB 40 million; and (ii) the lessor will lease back lease asset III to the lessee for a period of 12 months, with total lease payments amounting to approximately RMB 41.15 million, including a financing lease principal of RMB 40 million and financing lease interest income (including VAT) of approximately RMB 1.15 million. Lease asset III is production equipment for negative electrode materials, with a net book value of approximately RMB 40.29 million. The company's main business is to provide financing lease and consulting services to customers. Entering into the financing lease agreement is part of the company's daily and regular business operations, expected to bring stable income and cash flow to the company. The directors believe that entering into financing lease agreement III will generate income and profit for the company during the lease period, aligning with the company's business development strategy.