Kangda International Environmental Enters New Finance Lease Agreements with PRC Lessor

Reuters
Oct 16
Kangda International Environmental Enters New Finance Lease Agreements with PRC Lessor

Kangda International Environmental Company Limited has announced that an indirect wholly-owned subsidiary of the company entered into new finance lease agreements with a lessor on October 16, 2025. The lessor, a limited liability company in the PRC and a subsidiary of Hing Yip Holdings, focuses on providing finance leasing services for environmental protection projects. The transaction, which involves guarantees and various pledge agreements from Kangda's subsidiaries, is classified as a discloseable transaction under Hong Kong Stock Exchange rules, as one or more of the relevant percentage ratios exceed 5% but are less than 25%. This agreement follows previous finance lease arrangements between Kangda International Environmental and the same lessor.

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