SPT Energy Group Inc. (1251) has announced a new finance lease arrangement with Zhongguancun Science-Tech (1601), deemed a discloseable transaction under Chapter 14 of the Listing Rules. According to the announcement, a subsidiary of SPT Energy—Petrotech (Xinjiang) Engineering Co., Ltd.—entered into Finance Lease Agreement XIX on 31 October 2025. The arrangement involves the transfer of oil and gas drilling equipment with a net book value of approximately RMB14.43 million at a sale price of RMB14 million, followed by a 36-month leaseback.

Under the agreement, the total lease payment is RMB15.58 million, comprising a principal of RMB14 million and a finance lease interest of RMB1.58 million. The lease will be settled quarterly, and a security deposit of RMB700,000 is required, which may be partially refunded at the end of the lease. The Lessee will also pay a consultancy fee of RMB210,000 for professional advisory services. Guarantees for the lease are provided by other subsidiaries of SPT Energy.

This transaction is expected to enhance working capital for Petrotech (Xinjiang) and support its operational activities. When aggregated with previous finance lease transactions from May 2025 to October 2025, the applicable percentage ratios exceed 5% but remain under 25%, classifying each arrangement as a discloseable transaction. Investors and shareholders are advised to exercise caution when dealing in SPT Energy’s securities.