Leader Education Secures Major Finance Lease Agreement With Haitong Unitrust

Reuters
Dec 05
Leader Education Secures Major Finance Lease Agreement With Haitong Unitrust

Leader Education Ltd. has announced that its consolidated affiliated entity, Heilongjiang College of Business and Technology, has entered into a finance lease agreement with Haitong Unitrust. The agreement, signed on December 5, 2025, constitutes a major transaction under Hong Kong Listing Rules, as the aggregated value of this and previous finance lease arrangements with Haitong Unitrust exceeds 25% of the company's applicable ratio. The transaction is considered similar to a secured loan and is intended to support the group's private higher education operations in China. The company's major shareholders, Shuren Education and Junhua Education, have provided written approval for the arrangement, meaning no shareholder meeting will be required for ratification. The board believes the terms are fair and in the interests of shareholders. A circular with further details will be distributed in accordance with listing requirements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Leader Education Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251205-11947010), on December 05, 2025, and is solely responsible for the information contained therein.

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