Hing Yip Holdings Subsidiary Enters into Financing Lease Agreement with Qingyun County Kangquan Wastewater Treatment
Stock News
Feb 04
On February 4, 2026, Hing Yip Holdings' (00132) subsidiary, Green Finance Leasing, entered into a financing lease agreement with the lessee, Qingyun County Kangquan Wastewater Treatment Co., Ltd. The agreement involves the acquisition of asset ownership from the lessee for a total consideration of RMB 45 million. These assets will subsequently be leased back to the lessee for its use and possession over a term of eight years.
Asset 1 comprises certain designated wastewater treatment equipment and facilities owned by the lessee and located in Dezhou City, Shandong Province, China. Asset 2 includes other specified wastewater treatment equipment and facilities, also owned by the lessee and situated in Dezhou City, Shandong Province, China.
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