BAIYING HOLDING (08525) announced that on February 11, 2026 (after market close), the buyer, Xiamen Baiying Financial Leasing Co., Ltd. (an indirect wholly-owned subsidiary of the company), entered into a sale and leaseback transaction with Yuan Xin, a state-owned enterprise, under a financial leasing agreement. According to the agreement, the buyer will purchase the leaseback assets from Yuan Xin for a consideration of RMB 21 million and lease them back to Yuan Xin for a period of 36 months, receiving lease payments in return. The leaseback assets consist of (i) four sets of magnetic medium flocculation sedimentation skid-mounted integrated equipment; (ii) two sets of magnetic levitation blowers; (iii) one set of multi-disc spiral dewatering machines; and (iv) five sludge lift pumps. As the financial leasing agreement was entered into in the ordinary course of the buyer's business, negotiated between the buyer and Yuan Xin on normal commercial terms, the directors consider the terms of the agreement to be fair and reasonable and in the overall interests of the group and its shareholders. Additionally, trading in the shares remains suspended.