Baiying Holdings (08525.HK) subsidiary signs financing lease agreement with Longjiang

Wisdom Financial News App News, Great Wall Holdings (08525.HK) announced that on June 18, 2025, the buyer (the indirect wholly-owned subsidiary of the company, Xiamen Baiying Finance Leasing Co., Ltd.) entered into a sale and leaseback transaction with Longhai City Longjiang Transportation Development Co., Ltd. (Longjiang) under the financing lease agreement. According to the financing lease agreement, the buyer agreed to purchase leaseback assets from Longjiang for a total price of RMB 25 million and lease them back to Longjiang for a period of 36 months, receiving lease payments as returns.