Hing Yip Holdings Subsidiary Enters into Financing Lease Agreement with Qingyun County Kangquan Wastewater Treatment

Stock News
02/04

On February 4, 2026, Hing Yip Holdings' (00132) subsidiary, Green Finance Leasing, entered into a financing lease agreement with the lessee, Qingyun County Kangquan Wastewater Treatment Co., Ltd. The agreement involves the acquisition of asset ownership from the lessee for a total consideration of RMB 45 million. These assets will subsequently be leased back to the lessee for its use and possession over a term of eight years.

Asset 1 comprises certain designated wastewater treatment equipment and facilities owned by the lessee and located in Dezhou City, Shandong Province, China. Asset 2 includes other specified wastewater treatment equipment and facilities, also owned by the lessee and situated in Dezhou City, Shandong Province, China.

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