GBA AI COMP (01396) has entered into a financing lease agreement with China Merchants Bank Leasing.

GBA AI COMP(01396) announced that on August 13, 2026, Shenzhen Hongrui (an indirectly non-wholly-owned subsidiary of the company) entered into a financing lease agreement with Puyin Financial Leasing. According to this agreement, Puyin Financial Leasing agrees to purchase various IT equipment and related devices from Shenzhen Hongrui for a total purchase price of approximately RMB 1.687 billion, and then lease them back to Shenzhen Hongrui. The lease terms under each agreement shall range from 61 to 62 months. Upon the expiration of the respective lease terms, Shenzhen Hongrui may purchase the relevant leased assets at a nominal price of RMB 1 under each agreement. The leased assets consist of IT equipment and related devices owned by Shenzhen Hongrui, which are used to provide AI computing power cloud services. The board believes that the financing lease arrangement provides the company with a flexible and cost-effective financing channel to continuously procure IT equipment and related devices to meet the delivery demands of the group's AI computing power cloud service orders.