Greengold Leasing, a subsidiary of Hing Yip Holdings Limited, has entered into a finance lease agreement with Jianli Qingyuan Sewage Treatment Co., Ltd. The deal, valued at RMB35,000,000 (approximately HK$38,220,000), involves Greengold Leasing obtaining ownership of certain assets from the Lessee, which will be leased back for continued use. This transaction underscores Greengold Leasing's strategic initiative to engage in financial leasing arrangements, enhancing its portfolio and operational capabilities within the sector. The Lessee, a company incorporated in the PRC, operates independently and is wholly owned by another independent third party.
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