Hua You Energy (01251.HK) subsidiary has entered into a financing lease agreement for oil and gas extraction equipment in Xinjiang.

Wisdom Finance News App, Huayou Energy (01251.HK) announced that on October 31, 2025, the lessor Zhongguancun Technology Leasing Co., Ltd. and the lessee Nineteen (the indirect subsidiary of the company Xinjiang Huayou Oil and Gas Engineering Co., Ltd.) entered into Finance Lease Agreement Nineteen. According to this agreement, (i) the lessee Nineteen has agreed to sell its own assets (i.e. leased assets Nineteen) to the lessor for a transfer price of 14 million yuan; and (ii) the lessor has agreed to lease back the leased asset Nineteen to the lessee Nineteen for a lease term of 36 months. The total lease payment under Finance Lease Agreement Nineteen is 15.5787 million yuan, including 14 million yuan in finance lease principal and 1.5787 million yuan in finance lease interest (including VAT).