LEADER EDU: Heilongjiang University of Technology and Business has signed a financing lease agreement (Haitong) and a special agreement (Haitong)
LEADER EDU announced that Heilongjiang University of Technology and HAITONG UT signed a financing lease agreement and a special agreement on October 27, 2025. This agreement will provide financial resources to the group to support campus construction and operational funding needs, and will not affect the group's operations. According to International Financial Reporting Standards, this financing lease arrangement does not constitute an asset sale, and at the end of the lease term, the group will pay a nominal retention fee to repurchase the leased assets
According to the Zhitong Finance APP, LEADER EDU (01449) announced that on October 27, 2025, Heilongjiang University of Technology entered into a financing lease agreement (Haitong) and a special agreement (Haitong) with HAITONG UT, concerning financing lease arrangements (Haitong).
Through the establishment of the financing lease arrangements (Haitong), the Group can obtain financial resources to allocate funds for the construction of the Group's campus and meet its general working capital needs. At the same time, the Group's operations will not be affected by the financing lease arrangements (Haitong), as there is no transfer of ownership or usage rights of assets to HAITONG UT under the financing lease arrangements (Haitong). According to International Financial Reporting Standards, the proposed transactions under the financing lease arrangements (Haitong) do not constitute a sale of assets, and therefore will not generate any income or loss that needs to be recorded in the Group's income statement. Upon the expiration of the lease term, the Group will pay a nominal retention fee to return the leased assets (Haitong) to the Group. Thus, in terms of both practical and accounting treatment, the establishment of financing lease arrangements (Haitong) is essentially similar to borrowing a secured loan
