SPT ENERGY (01251) Subsidiary Enters into Financial Lease Agreement for Oil and Gas Extraction Equipment
Stock News
Dec 29, 2025
On December 25, 2025, the lessor (Zhongguancun Technology Leasing Co., Ltd.) and Lessee Twenty (the Company's indirect subsidiary, Beijing Huayou) entered into Financial Lease Agreement Twenty. Pursuant to this agreement, Lessee Twenty has agreed to sell its owned assets, specifically Lease Assets Twenty, to the lessor for a transfer consideration of RMB 11.5 million. Furthermore, the lessor has agreed to lease Lease Assets Twenty back to Lessee Twenty for a lease term of 36 months. The total lease payments under Financial Lease Agreement Twenty amount to RMB 12.7923 million. Lease Assets Twenty consist of oil and gas extraction equipment stored in Xinjiang.
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.