HING YIP HLDGS (00132) announced that on December 23, 2025, its subsidiary Green Finance Leasing entered into a financial lease agreement with lessee Hohhot Hetai Heating Co., Ltd. The agreement involves acquiring ownership of specified assets from the lessee for a total consideration of RMB 36 million, which will then be leased back to the lessee for use and possession over a six-year period.

Asset 1 comprises certain designated heating equipment and facilities located in Hohhot, Inner Mongolia Autonomous Region, China. Asset 2 includes additional designated heating equipment and facilities also situated in Hohhot.

The execution of the financial lease and related documents falls within Green Finance Leasing's ordinary business operations and is expected to provide the group with stable income and cash flow.