Baiying Holdings (08525) subsidiary entered into a sale-leaseback transaction with Longyan Hongteng

According to the Zhitong Finance App, Baiying Holdings (08525) issued an announcement. On August 10, 2026, the buyer, Xiamen Baiying, entered into a sale-leaseback transaction with Longyan Hongteng in accordance with the financial lease agreement. According to the financial lease agreement, the buyer agreed to buy the leaseback assets from Longyan Hongteng at a cost of RMB 25 million (equivalent to about HK$29 million) and rent back the assets to Longyan Hongteng for a period of 36 months, and receive the lease payment in return.

The leased assets were 12 rotary front rake mechanical grilles; 10 low-voltage submersible sewage pumps; 26 backwash pumps; 16 UV disinfection systems; 10 maglev blowers; 10 sets of integrated sewage treatment equipment; 10 kitchen garbage trucks; 12 street washing and sweepers; 10 sludge concentration tanks; 25 Roots blowers; 20 European-style box-type transformers; 10 low-voltage power distribution cabinets; 10 wheel loaders; 10 horizontal directional drills mixers; and ten 200kW silent diesel generators.

The buyer is mainly engaged in financial leasing business in China. The financial lease agreement is expected to enable the Group to earn a total revenue of approximately RMB 2,634 million (equivalent to approximately HK$3,055,500) over a three-year lease period.