SPT ENERGY (01251) subsidiary enters into a financing lease agreement for oil and gas extraction equipment.

08:16 29/12/2025

Huayou Energy (01251) announced that on December 25, 2025, the lessor (Zhongguancun Technology Leasing Co., Ltd.) and the lessee (Beijing Huayou, an indirect subsidiary of the company) entered into a financing lease agreement. In accordance with this agreement, the lessee has agreed to sell its own assets (i.e. leased assets) to the lessor for a transfer price of RMB 11.5 million; and the lessor has agreed to lease back the leased assets to the lessee for a term of 36 months. The total lease payments under the financing lease agreement amount to RMB 12.7923 million. The leased assets are oil and gas extraction equipment located in Xinjiang.

SPT ENERGY (01251) announced that on December 25, 2025, the lessor (ZGC TEC LEASING Co., Ltd.) and the lessee (an indirect subsidiary of the company, Beijing Huayou) entered into a finance lease agreement. According to this agreement, the lessee has agreed to sell its own assets (i.e. leased assets twenty) to the lessor for a transfer price of 11.5 million RMB; and the lessor has agreed to lease back the leased assets twenty to the lessee for a term of 36 months. The total lease payments under the finance lease agreement twenty amount to 12.7923 million RMB. The leased assets twenty are oil and gas extraction equipment stored in Xinjiang.

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