Affiliated with Hing Yip Holdings (00132) enters into a financial leasing agreement with Kangquan Sewage Treatment Plant in Qingyun County.

date
20:27 04/02/2026
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GMT Eight
Xingye Holdings (00132) announced that on February 4, 2026, its subsidiary Green Gold Leasing entered into a financing lease agreement with the lessee (Qingyun County Kangquan Wastewater Treatment Co., Ltd.) for a total consideration of RMB 45 million to transfer ownership of the assets to the lessee. The assets will be leased back to the lessee for their use and possession for a period of eight years.
HING YIP HLDGS (00132) announced that on February 4, 2026, its subsidiary Green Gold Leasing entered into a financing lease agreement with the lessee (Qingyun County Kangquan Wastewater Treatment Co., Ltd.) for a total amount of RMB 45 million. The lessee will obtain ownership of the assets, which will be leased back to the lessee for their use and possession for a period of eight years. Asset 1 includes certain designated wastewater treatment equipment and facilities located in Dezhou City, Shandong Province, China. Asset 2 includes other designated wastewater treatment equipment and facilities located in Dezhou City, Shandong Province, China.