Qingling Motors Co., Ltd. (01122) signs equipment lease agreement with Isuzu Engine

According to the Zhitong Finance App, Qingling Motor Co., Ltd. (01122) announced that on December 19, 2025, the Company and Isuzu Engine signed an equipment lease agreement with Isuzu Engine to rent equipment from the Company.

The rent for leased equipment is RMB 797,500 per month (i.e. RMB 9.5698 million per year) (excluding VAT), and should be settled monthly. Isuzu engines should pay the previous month's rent to the company before the last day of each month.

Establishing equipment leases to assist the Group's operations. Isuzu Engine was established to produce engines, so the Group needed Isuzu Engine to use rental equipment in its daily engine production business to produce and test the Group's products. This move not only benefits the Group's business, but also makes full use of the Group's resources and centralizes the Group's management.