Weihai CNG Coated Glass Co., Ltd., an indirect non wholly-owned subsidiary of China Glass Holdings Limited, has entered into a significant finance lease arrangement with a financial leasing company in the PRC. This agreement involves Weihai CNG selling its leased assets to the Lessor, who will, in turn, lease them back to Weihai CNG for a period of 24 months. The lease payment is approximately RMB158.6 million, payable in eight installments. Weihai CNG is recognized for its production, marketing, and distribution of glass and glass products, and this arrangement is expected to support its operational and financial strategies. Shareholders and potential investors are advised to exercise caution in dealing with the Company's securities, as the completion of this transaction is contingent upon obtaining shareholder approval.