CDB LEASING (01606) announced that the company, as the lessor, entered into a financial lease agreement with the lessee, Shanghai Mingxing Auto Services Co., Ltd., on December 15, 2025. Under the agreement, the lessor will purchase the leased assets from the lessee for RMB 182 million and lease them back to the lessee for a term of 12 months.

The leased assets consist of vehicles owned by the lessee and located across China. The aggregate net book value of the leased assets is approximately RMB 212 million. The lessee does not separately account for the pre-tax or post-tax profits of these leased assets.

This financial lease agreement was executed in the ordinary course of the company's business. The agreement is expected to enhance the company's financial leasing revenue and aligns with its business development strategy.