HING YIP HLDGS (00132) subsidiary establishes financing lease for several designated heating equipment and facilities.

date
17:03 13/08/2026
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GMT Eight
Xingye Holdings (00132) announced that on August 13, 2026, the company's subsidiary, Green Gold Leasing, entered into a financial leasing agreement with the lessee, for a price of RMB 60 million (approximately HKD 69.84 million). The ownership of the assets will be acquired from the lessee, and these assets will be leased back to the lessee for use and possession, with a term of five years.
HING YIP HLDGS (00132) announced that on August 13, 2026, the companys subsidiary, Green Gold Leasing, entered into a finance leasing agreement with the lessee for a consideration of RMB 60 million (equivalent to approximately HKD 69.84 million) for the acquisition of ownership of assets from the lessee. These assets will be leased back to the lessee for their use and possession, for a duration of five years. The assets include certain designated heating equipment and facilities located in Jiamusi City, Heilongjiang Province, China.