GBA AI COMP (01396) announced that on August 13, 2026, its indirect non-wholly owned subsidiary, Shenzhen Hongrui, entered into a finance lease agreement with Shanghai Pudong Financial Leasing. Under the terms, Shanghai Pudong Financial Leasing agreed to purchase certain IT equipment and supporting devices from Shenzhen Hongrui for a total purchase price of approximately RMB 1.687 billion, and then lease them back to Shenzhen Hongrui. The lease terms under each agreement range from 61 to 62 months.

Upon expiration of the relevant lease periods, Shenzhen Hongrui may purchase the leased assets at a nominal consideration of RMB 1 per agreement, as stipulated. The leased assets consist of IT equipment and supporting devices owned by Shenzhen Hongrui, which are used to provide AI computing power cloud services.

The directors believe that this finance lease arrangement provides the company with a flexible and cost-effective financing channel to continuously procure IT equipment and supporting devices, meeting the delivery demands of the group's AI computing power cloud service orders.