Kunming Dianchi Water Treatment (3768) has released details of a major transaction involving an extended finance lease with Industrial Bank Financial Leasing. The lease term is set to increase from 71 months to 107 months, continuing a financing arrangement initially involving RMB400 million. Under the new schedule, payment installments have been restructured, and the current applicable interest rate of 4.50% per annum is lower than the previous 5.30% per annum. Shareholders will vote on this adjustment, classified as a major transaction, at an extraordinary general meeting (EGM).

Alongside the lease extension, the company plans to reduce the annual remuneration of an independent non-executive director from RMB150,000 to RMB96,000 and appoint a new independent non-executive director. Shareholders are invited to vote on these proposals at the EGM scheduled for 23 December 2025. The meeting notice confirms that all resolutions will be subject to poll voting and are considered vital to the company’s operational and corporate governance goals.