The move comes as PHANCY (06682) announced that its wholly-owned subsidiary, PHANCY Beijing, entered into a sale-and-leaseback agreement with Huaxia Financial Leasing on August 7, 2026.
Under the terms of the agreement, PHANCY Beijing will act as both the seller and lessee, while Huaxia Financial Leasing will serve as the buyer and lessor. The leased assets consist of servers and accessories owned by the lessee.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.