Core Viewpoint - Baiying Holdings (08525) announced a sale and leaseback transaction with Longhai under a financing lease agreement, expected to generate significant revenue for the company [1] Group 1: Transaction Details - The buyer agreed to purchase leaseback assets from Longhai for RMB 25 million (approximately HKD 27.73 million) [1] - The leaseback period is set for 36 months, during which the buyer will lease the assets back to Longhai and receive rental payments [1] - The leaseback assets include six centrifugal pumps, six high-voltage switchgear, and five three-phase asynchronous motors [1] Group 2: Financial Implications - The financing lease agreement is projected to generate total revenue of approximately RMB 5.27 million (around HKD 5.84 million) for the company during the lease term [1] - The terms of the financing lease agreement were deemed fair and reasonable by the board, aligning with the overall interests of the company and its shareholders [1]
百应控股与龙海订立融资租赁协议