ZGC TEC LEASING (01601) has entered into a financing lease agreement for a PVC protective glove production line.

ZGC TEC LEASING (01601) announced that on December 23, 2025, the company entered into a financing lease agreement with Shandong Lanfan New Materials Co., Ltd. as the lessor and lessee. Under this agreement, the lessor will purchase the lessee's owned lease assets for a transfer price of 100 million yuan; and the lessor will lease back the assets to the lessee for a lease term of 24 months, with total lease payments of approximately 105 million yuan, including financing lease principal of 100 million yuan and financing lease interest income (including value-added tax) of approximately 5.26 million yuan. The lease assets are a PVC protective glove production line, with a book value of approximately 102 million yuan. 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, and is expected to bring stable income and cash flow to the company. The directors believe that entering into the financing lease agreement will bring income and profit to the company during the lease term, aligning with the company's business development strategy.