Hing Yip Holdings Limited (00132) announced that on 17 October 2025, its subsidiary Greengold Leasing entered into a finance lease agreement for the transfer and lease-back of certain sewage treatment equipment and facilities in Xiangyang City, Hubei Province, the PRC. The consideration for acquiring ownership of these assets from the Lessee amounted to RMB20,000,000 (approximately HK$21,800,000), with the lease term set at 70 months.

The total payment under this finance lease is approximately RMB24,776,000 (around HK$27,006,000), consisting of the lease principal of RMB20,000,000 and aggregate lease interest and other costs of about RMB4,776,000. Greengold Leasing will receive an interest-free deposit of RMB500,000 from the Lessee to secure payment obligations. Upon full settlement at the end of the lease term or in the event of early termination, the Lessee may purchase the assets for a nominal price of RMB100.

Under the Listing Rules, one of the applicable percentage ratios for this transaction, on a standalone or aggregated basis, exceeds 5% but remains below 25%. As a result, the agreement qualifies as a discloseable transaction. Hing Yip Holdings Limited expects to benefit from a stable revenue stream and cash flows through this arrangement, which aligns with its finance leasing business focus.