---
title: "XXF Group enters RMB 4.7 million auto sale-and-leaseback with Volkswagen Finance China"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296340588.md"
description: "XXF Group entered a RMB 4.7 million sale-and-leaseback deal with Volkswagen Finance China on Aug 19, 2026. Assets are leased back for 48 months with total rent of RMB 5.09 million. This transaction aggregates with prior deals to reach a principal of RMB 189.59 million, constituting a major transaction under Hong Kong listing rules. Shareholders will vote at an extraordinary general meeting, with a circular expected by Sept 9, 2026."
datetime: "2026-08-19T10:33:09.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296340588.md)
  - [en](https://longbridge.com/en/news/296340588.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296340588.md)
generator: "portal-rs"
---

# XXF Group enters RMB 4.7 million auto sale-and-leaseback with Volkswagen Finance China

-   XXF Group entered sale-and-leaseback deals on Aug. 19, 2026, transferring automobiles for RMB 4.7 million. \* Assets will be leased back for 48 months, with total rent of RMB 5.09 million, including RMB 392,739 in interest. \* Transaction aggregates with 2,294 earlier deals since Jan. 4, 2026, lifting total lease principal to RMB 189.59 million. \* Aggregate total rent rises to RMB 204.7 million, making the combined financing a major transaction under Hong Kong listing rules. \* Shareholders will vote at an extraordinary general meeting; a circular is expected on or before Sept. 9, 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. XXF Group Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260819-12290594), on August 19, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**