Friends International Education Leasing (01563.HK) affiliate intends to enter into a financial leasing agreement with Shandong Hongxu Chemical.

Wisdom Financial News APP, Youlian International Education Leasing (01563.HK) announced that on July 3, 2026, the lessor (Nanshan Financial Leasing (Tianjin) Co., Ltd.), a wholly-owned subsidiary of the company, intends to enter into a financing lease agreement with the lessee (Shandong Hongxu Chemical Co., Ltd.). According to the agreement, the lessor agrees to purchase leased assets from the lessee for a consideration of RMB 40 million; and the lessor agrees to lease the leased assets to the lessee for a lease term of 3 years, with a total lease amount of approximately RMB 44.16 million, which includes the sum of the lease principal and lease interest. The leased assets include the lessee's industrial manufacturing and process machinery and equipment, mainly including chemical reactors, heating and cooling units, storage containers, environmental treatment systems, and control equipment.