Tian Chang Acquires RMB66.80 Million of Injection-Molding Equipment; Arranges RMB13.60 Million Sale-and-Leaseback Financing

Bulletin Express
昨天

Hong Kong – 7 October 2026 – Tian Chang Group Holdings Ltd. announced three discloseable transactions that expand its production capacity and optimise near-term liquidity.

Plastic injection line • Huizhou Tian Chang, an indirect subsidiary, ordered nine plastic injection-molding machines from Vendor A for RMB15.10 million (HK$17.60 million). • The subsidiary will fund 10% of the purchase up-front from internal resources, with the remaining 90% to be covered through a finance lease.

Sale-and-leaseback financing • Under a finance lease signed the same day, Ningbo Zhongjin will purchase the newly ordered plastic machines from Huizhou Tian Chang for RMB13.60 million (HK$15.90 million) and lease them back over 41 months. • Lease payments total RMB14.30 million (HK$16.70 million), implying a flat interest rate of 1.8% per annum. Payments start in month 6 following delivery, preceded by a five-month rent-free period. Ownership reverts to Huizhou Tian Chang for RMB1 at lease expiry.

Magnesium thixomolding expansion • Tian Hao, another indirect subsidiary, placed two orders with Vendor B for nine magnesium injection-molding machines: – Eight units for RMB34.90 million (HK$40.90 million); 20% deposit due within 14 days and balance within six months of installation. – One unit for RMB16.80 million (HK$19.70 million); 10% deposit on signing and balance within three months of commissioning. • Combined consideration for the magnesium equipment totals RMB51.70 million (HK$60.50 million), fully funded by internal resources.

Strategic rationale Management expects the plastic machinery to support a new integrated plastic solutions line, while the magnesium thixomolding equipment broadens the group’s advanced materials capability. The sale-and-leaseback structure is intended to conserve cash for ongoing operations.

Regulatory classification Each transaction, as well as their respective aggregates with earlier deals, exceeds the 5% but remains below the 25% listing-rule threshold; therefore all are treated as discloseable transactions requiring announcement but not shareholder approval.

Currency translation in this release follows the company’s illustrative rate of RMB1 = HK$1.170.

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