Guangdong-Hong Kong Bay Intelligent Computing (01396.HK) enters into a financing lease agreement with Pudong Development Bank Financial Leasing.

date
22/07/2026
Zhijing Financial Report APP news, Guangdong-Hong Kong Bay Intelligence (01396.HK) announced that on June 24, 2026, Shenzhen Hongrui (an indirectly non-wholly owned subsidiary of the Company) entered into a financing lease agreement I with Bank of Communications Financial Leasing. Bank of Communications Financial Leasing agreed to purchase a certain amount of IT equipment and related equipment from Shenzhen Hongrui for a total purchase price of approximately RMB 395 million and lease it back to Shenzhen Hongrui. The lease term under each agreement is 62 months. After the expiration of the relevant lease term, Shenzhen Hongrui may purchase the relevant leased assets I for a nominal price of RMB 1 under each agreement.