HING YIP HLDGS(00132) enters into finance lease ancillary in respect of certain designated sewage treatment equipment and facilities

date
17:45 09/11/2026
avatar
GMT Eight
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.