Greengold Leasing, a subsidiary of Hing Yip Holdings Limited, has entered into a new finance lease agreement with a lessee, acquiring ownership of assets involved in heat generation and supply. This transaction marks a significant expansion for Hing Yip Holdings in the finance lease sector. Guarantor 1, a company in the PRC engaged in starch product manufacturing, and Guarantor 2, a natural person, are backing this agreement. This move aligns with the company's strategy to enhance its portfolio and strengthen its position in the market.
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