BAIYING HOLDING (08525) subsidiary entered into an after-sales leaseback transaction with Jiu Xian.

BAIYING HOLDING (08525) announces that on July 2, 2026 (after the market closed), the buyer Xiamen Baiying Financial Leasing entered into a sale and leaseback transaction with Jiuxian based on the financing lease agreement. Under the financing lease agreement, the buyer agrees to purchase leaseback assets from Jiuxian for a consideration of RMB 19.5 million (equivalent to approximately HKD 22.425 million), and lease the leaseback assets to Jiuxian for a period of 36 months, receiving lease payments as returns. It is reported that the leaseback assets consist of 28 sets of vacuum circuit breakers, 32 sets of high-voltage distribution cabinets, and 27 sets of reactors. The buyer is mainly engaged in financing leasing business in China. It is expected that the financing lease agreement will enable the group to earn total income of approximately RMB 2.1334 million (equivalent to approximately HKD 2.4534 million) within the three-year lease term.