HING YIP HLDGS Subsidiary Enters Into Finance Lease With Zhenlai County Rongxiang Thermal Power
Stock News
Oct 20
HING YIP HLDGS (00132) has announced that on 20 October 2026, its subsidiary Green Gold Leasing entered into a finance lease with the lessee, Zhenlai County Rongxiang Thermal Power Co., Ltd., acquiring ownership of assets from the lessee for a consideration of RMB 20 million. The assets will be leased back to the lessee for its use and possession over a term of 73 months.
The assets comprise certain designated heating equipment and facilities belonging to the lessee, located in Baicheng City, Jilin Province, China.
HING YIP HLDGS (00132) is a company listed on the Hong Kong Stock Exchange.
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