HING YIP HLDGS (00132) subsidiary enters into finance lease with Zhenlai County Rongxiang Heating
HING YIP HLDGS (00132) announces that on October 20, 2026, the Company's subsidiary, Lvjin Leasing, entered into a finance lease with the lessee (Zhenlai County Rongxiang Heating Co., Ltd.), acquiring ownership of the assets from the lessee for a consideration of RMB20 million. The assets will be leased back to the lessee for its use and possession for a term of 73 months. The assets comprise certain designated heating equipment and facilities of the lessee located in Baicheng, Jilin Province, China.
HING YIP HLDGS (00132) announced that on October 20, 2026, the Company's subsidiary, Green Gold Leasing, entered into a finance lease with the lessee (Zhenlai County Rongxiang Heating Co., Ltd.), pursuant to which it acquired ownership of the assets from the lessee for a consideration of RMB20 million. The assets will be leased back to the lessee for its use and possession for a term of 73 months. The assets comprise certain designated heating equipment and facilities of the lessee located in Baicheng, Jilin Province, China.
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