HING YIP HLDGS (00132) entered into a financing lease agreement for certain designated heating equipment and facilities located in Harbin City.

HING YIP HLDGS (00132) announced that on August 20, 2025, its subsidiary, Green Gold Leasing, entered into a financing lease with the lessee, Heilongjiang Longfang Property Management Co., Ltd, for the ownership of assets worth RMB 50 million (equivalent to approximately HKD 54.35 million). These assets will be leased back to the lessee for their use and possession for a period of five years. The assets include several specified heating equipment and facilities located in Harbin, Heilongjiang Province, China. The financing lease and related documents are part of Green Gold Leasing's normal business operations and are expected to provide stable income and cash flow for the group. The directors believe that the financing lease, related documents, and transactions to be carried out under them are concluded on a fair basis in accordance with normal commercial terms, and are fair and reasonable and in the best interests of the group and its shareholders overall.