HING YIP HLDGS (00132) subsidiary has entered into a financing lease agreement for certain designated heating equipment and facilities.
Xingye Holdings (00132) announced that on May 20, 2026, its subsidiary Green Gold Leasing entered into a financial lease with the lessee, Huludao Dongze Thermal Power Co., Ltd., for a total price of RMB 25 million (equivalent to about HKD 28.75 million) to acquire the ownership of assets (Asset 1 includes certain designated heating equipment and facilities located in Huludao City, Liaoning Province, China. Asset 2 includes other designated heating equipment and facilities located in Huludao City, Liaoning Province, China.) The assets will be leased back to the lessee for its use and possession for a period of 66 months.
HING YIP HLDGS (00132) announced that on May 20, 2026, its subsidiary Green Gold Leasing entered into a financing lease with the lessee, Huludao Dongze Heat Co., Ltd., for a total consideration of RMB 25 million (equivalent to approximately HKD 28.75 million). The lessee will obtain ownership of assets (Asset 1 includes several designated heating equipment and facilities located in Huludao City, Liaoning Province, China. Asset 2 includes other designated heating equipment and facilities located in Huludao City, Liaoning Province, China) from the lessor, which will be leased back to the lessee for their use and occupation, with a term of 66 months.
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