HING YIP HLDGS (00132) signs financing lease for certain designated water supply and conveyance equipment and facilities as its subsidiary.

date
17:37 17/03/2026
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GMT Eight
Xingye Holdings (00132) announced that on March 17, 2026, its subsidiary Green Gold Leasing entered into a financial leasing agreement with lessee Inner Mongolia Jinying Technology, with a consideration of RMB 60 million (equivalent to approximately HKD 67.98 million) for the lessee to acquire ownership of the assets. The leased assets will be returned to the lessee for use and possession, with a term of five years.
HING YIP HLDGS (00132) announcement, on March 17, 2026, its subsidiary Lu Jin Leasing signed a financing lease with lessee Inner Mongolia Jinying Technology, with a consideration of RMB 60 million (equivalent to approximately HK$67.98 million) for the lessee to acquire ownership of the assets. The assets will be leased back to the lessee for their use and possession, with a term of five years. The assets include certain designated water supply and transportation equipment and facilities located in ERDOS Resources, Inner Mongolia Autonomous Region, China. The signing of the financing lease and related documents is a regular and normal business process for Lu Jin Leasing, and it is expected to provide stable income and cash flow for the Group.