HING YIP HLDGS(00132) enters into finance lease ancillary in respect of certain designated sewage treatment equipment and facilities
HING YIP HLDGS (00132) announced that on November 9, 2026, the Company's subsidiary, Lvjin Leasing, entered into a finance lease with the lessee, acquiring ownership of the assets from the lessee at a total consideration of RMB100 million (equivalent to approximately HK$117 million), and the assets will be leased back to the lessee for its use and possession for a term of eight years.
HING YIP HLDGS (00132) announced that on November 9, 2026, the Company's subsidiary, Lvjin Leasing, entered into a finance lease with the lessee, pursuant to which it acquired ownership of the assets from the lessee at a total consideration of RMB100 million (equivalent to approximately HK$117 million), and such assets will be leased back to the lessee for its use and possession for a term of eight years.
Asset 1 comprises certain designated sewage treatment equipment and facilities of the lessee located in Quanzhou City, Fujian Province, China. Asset 2 comprises certain other designated sewage treatment equipment and facilities of the lessee located in Quanzhou City, Fujian Province, China. Asset 3 comprises certain other designated sewage treatment equipment and facilities of the lessee located in Quanzhou City, Fujian Province, China.
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