On June 13th, 2024, Leader Edu (01449.HK) announced that the group signed a financing lease agreement (Jiangsu Financial Leasing) and a leasing asset transfer agreement (Jiangsu Financial Leasing) with Jiangsu Financial Leasing. The agreement is related to the financing lease arrangement (Jiangsu Financial Leasing). The leasing assets (Jiangsu Financial Leasing) include electronic teaching equipment, laboratory equipment, electronic training equipment, etc.
The total lease payment is RMB 20,966,626, including RMB 20,000,000 in financing lease principal and RMB 966,626 in financing lease interest.