Baiying Holdings Group Limited disclosed the signing of a finance lease agreement on 11 February 2026 between its indirectly wholly owned subsidiary (the “Purchaser”) and Zhangzhou Yuanxin Construction Group Co., Ltd. (“Yuanxin”). The Purchaser will acquire specified equipment from Yuanxin for RMB21,000,000 (approximately HK$23,730,000) and lease it back for 36 months. The total lease payments amount to RMB23,308,164 (approximately HK$26,338,225), reflecting an effective annual interest rate of 6.56%. A security deposit of RMB1,050,000 (approximately HK$1,186,500) applies, and Yuanxin retains an option to repurchase the leased assets, subject to meeting contractual requirements.

According to the announcement, this arrangement is expected to yield an aggregate income of approximately RMB2,308,264 (around HK$2,608,338) for the Purchaser over the entire lease term. Having completed the necessary credit risk assessment, the company regards Yuanxin’s credit profile as relatively low risk, noting its state-owned background. The transaction constitutes a discloseable transaction under Chapter 19 of the GEM Listing Rules as it exceeds 5% but is below 25% of the applicable percentage ratios, thereby requiring notification and announcement.

The shares of Baiying Holdings Group Limited remain suspended from trading since 9 June 2025, pending satisfaction of relevant resumption guidance. Future announcements will be made to update shareholders on any progress. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.