Baiying Holdings Signs Finance Lease Agreement With Jiuxian
Reuters
Oct 21
Baiying Holdings Signs Finance Lease Agreement With Jiuxian
Baiying Holdings Group Ltd. has announced a discloseable transaction involving a new finance lease agreement with Jiuxian. The agreement, conducted through Baiying's wholly-owned subsidiary Xiamen Baiying Leasing Co., Ltd., is part of the Group's ordinary business activities in providing equipment-based financing solutions. The Board views the agreement as fair, reasonable, and in the interests of the company and its shareholders. The decision to enter into the agreement was based on a comprehensive credit assessment of Jiuxian, which indicated a low credit risk due to the lessee's strong financial standing and reputation. Trading in Baiying Holdings Group Ltd.'s shares remains suspended.
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