BAIYING HOLDING's subsidiary has entered into a sale-and-leaseback transaction with Lisheng Development, continuing the suspension of trading
BAIYING HOLDING announced that its wholly-owned subsidiary Xiamen BAIYING Financial Leasing signed a sale-leaseback transaction with Lisheng Development, with a transaction amount of 30 million yuan and a lease term of 36 months. The leased assets include water supply units, purification and sewage treatment equipment, etc. The company's stock continues to be suspended
According to the announcement from BAIYING HOLDING (08525), on September 8, 2025 (after market close), the buyer's indirectly wholly-owned subsidiary, Xiamen BAIYING Financing Leasing Co., Ltd., entered into a sale and leaseback transaction with Lisheng Development under the financing lease agreement. According to the financing lease agreement, the buyer agrees to purchase the leaseback assets from Lisheng Development for a price of RMB 30 million and lease the leaseback assets to Lisheng Development for a period of 36 months, receiving lease payments in return.
It is reported that the leaseback assets include 2 water supply units, 1 purification and sewage treatment equipment, 2 sets of distribution boards (high and low voltage), and 1 central control system.
In addition, trading remains suspended
