HING YIP HLDGS subsidiary signs financing lease for several designated heating equipment and facilities
HING YIP HLDGS's subsidiary, Green Gold Leasing, has signed a financing lease agreement with Luobei Xinghui Thermal Power Co., Ltd. for an amount of 40 million yuan, with a lease term of five years. The leased assets include designated heating equipment and facilities located in Hegang City, Heilongjiang Province. This move is expected to provide HING YIP HLDGS Group with stable income and cash flow
According to the Zhitong Finance APP, HING YIP HLDGS (00132) announced that on October 17, 2025, its subsidiary Green Gold Leasing entered into a financing lease with the lessee Luobei Xinghui Thermal Power Co., Ltd. to acquire ownership of assets from the lessee for a price of RMB 40 million. The assets will be leased back to the lessee for their use and possession, with a term of five years.
The assets include several designated heating equipment and facilities located in Hegang City, Heilongjiang Province, China.
The execution of the financing lease and accompanying documents is part of the general and normal business process of Green Gold Leasing and is expected to provide stable income and cash flow for the group
