Industrial Bank Holdings (00132.HK) subsidiary enters into finance lease with Zhenlai County Rongxiang Thermal Power

date
20/10/2026
Zhitong Finance APP News, Hing Yip Holdings (00132.HK) announced that on October 20, 2026, the Company's subsidiary, Green Gold Leasing, entered into a finance lease with the lessee (Zhenlai County Rongxiang Heating Co., Ltd.), pursuant to which it acquired ownership of the assets from the lessee for a consideration of RMB20 million, and such assets will be leased back to the lessee for its use and possession for a term of 73 months. The assets comprise certain designated heating equipment and facilities of the lessee located in Baicheng, Jilin Province, China.