XXF (02473) Subsidiary Enters Sale and Leaseback Agreements for Vehicles with Guangdong Yuecai Financial Leasing

Stock News
May 13

XXF (02473) announced that on May 13, 2026 (after trading hours), the company's indirect wholly-owned subsidiary and certain of its subsidiaries (collectively, the lessees) entered into sale and leaseback agreements with the lessor, Guangdong Yuecai Financial Leasing Co., Ltd. Under these agreements, (1) the lessees agreed to transfer the lease assets (certain vehicles owned by XXF and its subsidiaries as detailed in the agreements) to the lessor for a total consideration of approximately RMB 4.6337 million, and (2) the lessees agreed to lease back these assets from the lessor for a term of 48 months, with total rental payments amounting to approximately RMB 5.0964 million. By entering into these sale and leaseback agreements, the group can broaden its financing channels, optimize its capital structure, and supplement its operational funds, thereby enabling it to seize opportunities for business development and expansion.

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