TIAN CHANG GP (02182) announced that on May 29, 2026, its Huizhou subsidiary, an indirect wholly-owned subsidiary of the company, issued a purchase order to the seller, Haitian Machinery Sales (Guangdong) Co., Ltd., to acquire the machinery, specifically 15 injection molding machines, for a total consideration of RMB 28.7 million (including value-added tax).

On the same date, the Huizhou subsidiary, as the lessee, entered into a finance lease agreement with Ningbo Zhongjin, the lessor. Under this agreement, Ningbo Zhongjin will purchase the machinery for a total cost of RMB 25.8 million and subsequently lease it back to the Huizhou subsidiary. The lease term is 41 months, which includes a 5-month rent-free period.

Throughout the lease term, ownership of the machinery will remain with Ningbo Zhongjin as per the finance lease agreement. Upon the expiry of the lease term, provided the Huizhou subsidiary has paid all amounts due under the agreement, it will have the right to repurchase the machinery for a nominal consideration of RMB 1.