Hing Yip Holdings Subsidiary Enters into Financial Lease Agreement with Liaoning Sanjiang Heating

Stock News
02/25

Hing Yip Holdings (00132) announced that on February 25, 2026, its subsidiary, Green Gold Leasing, entered into a financial lease agreement with the lessee, Liaoning Sanjiang Heating Co., Ltd. Under the agreement, Green Gold Leasing will acquire ownership of certain assets from the lessee for a consideration of RMB 40 million. These assets will then be leased back to the lessee for its use and possession over a term of five years. The assets consist of specified heating equipment and facilities located in Benxi City, Liaoning Province, China.

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