Bank of China Gold Rental (01606) signed a financial leasing contract with Shanghai Mingxing Auto Service

According to the Zhitong Finance App, Bank of China Gold Rental (01606) announced that the company, as the lessor and the lessee, Shanghai Mingxing Auto Service Co., Ltd. signed this financial lease contract on December 15, 2025. The lessor purchased the leased property from the lessee at a cost of RMB 182 million, and the lessor agreed to rent the leased property to the lessee for a period of 12 months.

The leased property is a vehicle located throughout China owned by the lessee under this financial lease contract. The total net book value of the leased property is approximately RMB 212 million. The tenant does not separately account for the profit before and after tax of this leased property.

This financial lease contract was concluded by the Company in the general and daily business process. The conclusion of this financial leasing contract is beneficial to increasing the company's financial leasing business revenue and is in line with the company's business development strategy.