South Manganese unit Huiyuan Manganese enters RMB 150 million finance lease for processing equipment

• Huiyuan Manganese agreed on July 17, 2026 to a RMB 150 million sale-and-leaseback of production equipment with Guangxi Financial Leasing.
• 48-month finance lease; Huiyuan Manganese to make 16 payments totaling RMB 165.3 million; initial rate 1-year LPR + 1.8%.
• Huiyuan Manganese can repurchase the equipment for RMB 1,000 at lease end; equipment net book value RMB 152.43 million as of 2025.
• South Manganese Group to guarantee Huiyuan Manganese’s obligations under the lease, including lease payments.
• Huiyuan Manganese to pay a RMB 750,000 consulting fee tied to the transaction.

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. South Manganese Investment 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-20260717-12248278), on July 17, 2026, and is solely responsible for the information contained therein.