Kangda International Environmental Enters New Finance Lease Agreements with PRC Lessor

Reuters
10/16
Kangda International Environmental Enters New Finance Lease Agreements with PRC Lessor

Kangda International Environmental Company Limited has announced that an indirect wholly-owned subsidiary of the company entered into new finance lease agreements with a lessor on October 16, 2025. The lessor, a limited liability company in the PRC and a subsidiary of Hing Yip Holdings, focuses on providing finance leasing services for environmental protection projects. The transaction, which involves guarantees and various pledge agreements from Kangda's subsidiaries, is classified as a discloseable transaction under Hong Kong Stock Exchange rules, as one or more of the relevant percentage ratios exceed 5% but are less than 25%. This agreement follows previous finance lease arrangements between Kangda International Environmental and the same lessor.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kangda International Environmental Co. Ltd. published the original content used to generate this news brief on October 16, 2025, and is solely responsible for the information contained therein.

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