
KONG SUN HOLD's subsidiary has entered into a financing lease agreement for several photovoltaic power generation equipment and supporting facilities

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KONG SUN HOLD announced that its wholly-owned subsidiary Lingbi Yongji signed a financing lease agreement with Zhejiang Yincheng Leasing, involving photovoltaic power generation equipment and supporting facilities valued at RMB 52 million. The lease term is 10 years, and the leased assets will be owned by Zhejiang Yincheng Leasing during the lease period. At the end of the term or upon early termination of the agreement, ownership of the assets will be transferred to Lingbi Yongji
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