HING YIP HLDGS (00132) Subsidiary Enters Financing Lease for Designated Gas Equipment and Facilities

Stock News
10/16

According to announcements from HING YIP HLDGS (00132), the company's subsidiary, Green Gold Leasing, has entered into a financing lease with the lessee, Changzi County Aizhong Gas Co., Ltd., on October 16, 2025. Under the lease, the subsidiary will acquire ownership of designated assets from the lessee for a total consideration of RMB 30 million. These assets will be leased back to the lessee for their use and possession, with a lease term of four years. The assets include various designated gas equipment and facilities located in Changzhi City, Shanxi Province, China. This financing lease and the associated documents are a standard and normal business process for Green Gold Leasing and are expected to provide the group with stable income and cash flow.

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