Jinhui Holdings Company Limited has announced a significant transaction involving its subsidiary, Jinheng Marine Inc., which is incorporated under the laws of the Republic of Panama. Jinheng Marine Inc. has entered into a memorandum of agreement with Tianjin Jinhaishiwu Leasing Co., Ltd for the sale of its bulk carrier, "JIN HENG," which has a deadweight of approximately 63,518 metric tonnes. This transaction forms part of a broader sale and leaseback arrangement, indicating strategic financial maneuvers by the company. The agreement was finalized on June 30, 2025, further illustrating the evolving business operations and financial structuring within Jinhui Holdings and its subsidiaries.
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.