CDB LEASING (01606) announced that the company, as the lessor, entered into a financial lease arrangement with Harbin Shuangcheng District Huare Green Power Co., Ltd. (the lessee) and Hunan Sany Smart New Energy Design Co., Ltd. (the seller) on November 14, 2025 (after trading hours). Under the agreement, the company, as the purchaser, signed a transfer contract with the lessee and the seller, agreeing to acquire the transaction assets from the seller for a consideration of RMB1.5 billion. Concurrently, the company, as the lessor, executed a financial lease contract with the lessee to lease the assets (i.e., the transaction assets) for a term of 216 months.

As part of the financial lease arrangement and pursuant to the transfer contract, the purchaser agreed to buy the transaction assets (i.e., the leased assets under the financial lease contract) designated by the lessee from the seller. The seller, in turn, agreed to deliver the assets to the lessee and transfer ownership to the purchaser. The transaction assets consist of wind power station equipment located in Heilongjiang Province, China, owned by the lessee, with an assessed value of approximately RMB1.57 billion. The seller does not separately account for the pre-tax or post-tax profits of the transaction assets.

Under the financial lease contract, the lessor agreed to lease the assets to the lessee for possession, usage, and benefit. The leased assets comprise wind power station equipment owned by the lessee in Heilongjiang Province.

This financial lease arrangement was entered into by the company in the ordinary course of business. The execution of this agreement is expected to enhance the company's financial leasing revenue and aligns with its business development strategy.