Hing Yip Holdings (00132) signs a finance lease for certain designated heating equipment and facilities attached.

HING YIP HLDGS (00132) announced that on January 20, 2026, its subsidiary Green Gold Leasing entered into a financing lease with lessee Yisen Energy Technology Co., Ltd. in Shangli County, with a consideration of RMB 10 million (equivalent to approximately HKD 11.2 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 term of 60 months. The total payment for the financing lease is approximately RMB 11.884 million (equivalent to approximately HKD 13.31 million), including (a) lease principal payment of RMB 10 million (equivalent to approximately HKD 11.2 million) and (b) total lease interest and other fees and expenses under the related documents of approximately RMB 1.884 million (equivalent to approximately HKD 2.11 million). The lease principal and interest will be paid quarterly during the lease term. The assets include various designated heating equipment and facilities located in Pingxiang City, Jiangxi Province, China. The lessee will be responsible for any maintenance, taxes, and other costs and fees related to the assets. The execution of the financing lease and related documents is a regular and normal business process for Green Gold Leasing, and is expected to provide stable income and cash flow for the group. The directors believe that the financing lease and related documents, as well as the transactions to be conducted under them, are established on fair terms based on normal commercial terms, and are fair, reasonable, and in the overall best interests of the group and shareholders.