--- title: "Greater Bay Area AI Computing Tech Secures RMB 1.7 Billion Finance Lease for AI Infrastructure" type: "News" locale: "en" url: "https://longbridge.com/en/news/295810907.md" description: "Greater Bay Area AI Computing Tech, a subsidiary of Guangdong-Hong Kong Greater Bay Area Holdings (HK:1396), secured approximately RMB 1.7 billion in finance lease financing through its Shenzhen Hongrui subsidiary. The company sold IT equipment for AI cloud services to SPDB Financial Leasing and leased it back for 61-62 months, with total payments around RMB 1.921 billion. This transaction enhances liquidity and balance-sheet flexibility while maintaining operational control over essential AI infrastructure assets." datetime: "2026-08-13T13:38:59.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295810907.md) - [en](https://longbridge.com/en/news/295810907.md) - [zh-HK](https://longbridge.com/zh-HK/news/295810907.md) generator: "portal-rs" --- # Greater Bay Area AI Computing Tech Secures RMB 1.7 Billion Finance Lease for AI Infrastructure Guangdong – Hong Kong Greater Bay Area Holdings Ltd. ( (HK:1396) ) has shared an update. Greater Bay Area AI Computing Tech Co., Ltd. has entered into significant finance lease arrangements via its Shenzhen Hongrui subsidiary, selling IT and ancillary equipment used in AI cloud services to SPDB Financial Leasing for around RMB 1,687 million and leasing them back for 61 to 62 months. Shenzhen Hongrui will make aggregate lease payments of about RMB 1,921 million and retains an option to repurchase the leased assets for a nominal RMB 1 at the end of the term. The deal, aggregated with previous similar leases with the same counterparty, qualifies as a disclosable transaction under Hong Kong listing rules, triggering reporting and announcement requirements but not shareholder approval. The structure provides medium-term financing against core AI infrastructure assets and may improve liquidity and balance-sheet flexibility for the group, while maintaining operational control over equipment essential to its AI computing power cloud services. **More about Guangdong – Hong Kong Greater Bay Area Holdings Ltd.** Greater Bay Area AI Computing Tech Co., Ltd., listed in Hong Kong, operates in the artificial intelligence and cloud computing sector. Through its Shenzhen Hongrui subsidiary, the group provides AI computing power cloud services supported by substantial IT and ancillary equipment assets, positioning it within China’s fast‑growing digital infrastructure market. The company’s operations rely on large-scale IT hardware, including equipment with a book value of about RMB 1,849 million, part of which is already subject to existing finance lease arrangements. These assets underpin its service capacity but did not generate identifiable net profits in the 2024 and 2025 financial years, highlighting an investment-heavy, infrastructure-focused business model. **Average Trading Volume:** 5,852,611 **Technical Sentiment Signal:** Buy **Current Market Cap:** HK$16.28B ### Related Stocks - [01396.HK](https://longbridge.com/en/quote/01396.HK.md) - [600000.CN](https://longbridge.com/en/quote/600000.CN.md) ## Related News & Research - [Nvidia to use Poolside deal to build alternative to Chinese AI, WSJ says](https://longbridge.com/en/news/296727449.md) - [What does Europe’s AI lag mean for the region?](https://longbridge.com/en/news/296510589.md) - [Fei-Fei Li says she runs her AI startup like a 'tiger mom'](https://longbridge.com/en/news/296437111.md) - [Consulting's race to become AI native](https://longbridge.com/en/news/296676838.md) - [Over 580 Dental Practices Now Use Dently.ai's AI Team — Reporting 76% More New Patients](https://longbridge.com/en/news/296812368.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**