ZGC TEC LEASING (01601) has announced the signing of a financing lease agreement. On February 11, 2026, the company, acting as the lessor, entered into Financing Lease Agreement II with the lessee, Yingjing County Xinda New Material Co., Ltd. Under this agreement, the lessor will acquire the lessee's owned leased assets for a transfer price of RMB 49 million. The lessor will then lease these assets back to the lessee for a lease term of 36 months. The total lease payments amount to approximately RMB 53.74 million, which includes a financing lease principal of RMB 49 million and financing lease interest income (including value-added tax) of approximately RMB 4.74 million.

Within the past twelve months, on May 14, 2025, the company, as the lessor, entered into Financing Lease Agreement I with the lessee, Meishan Boya Optical Co., Ltd. In this agreement, the lessor agreed to acquire the lessee's owned leased assets for a transfer price of RMB 20 million and lease them back to the lessee for a term of 36 months. The total lease payments were approximately RMB 21.97 million, comprising a financing lease principal of RMB 20 million and financing lease interest income (including VAT) of approximately RMB 1.97 million.

The leased assets under Agreement I consist of production equipment, including Taylor profilometers, with a net book value of approximately RMB 20.31 million. The leased assets under Agreement II consist of production equipment, including iridium crucibles, with a net book value of approximately RMB 52.79 million.

The company's primary business involves providing financing lease and consulting services to its clients. Entering into such financing lease agreements constitutes part of its ordinary and general business operations and is expected to contribute stable income and cash flow.