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Leader Education Affiliate Sells School Assets for Leaseback
LEADER EDU (01449): Heilongjiang University of Technology establishes a financing leasing arrangement with Chengtai (Chengtai).
LEADER EDU (01449) published an announcement that on January 23, 2025, Heilongjiang Industry and Commerce College will collaborate with Chengtai Financing on...
LEADER EDU (01449.HK) has entered into a sale and leaseback agreement (Chengtai).
Glory Exchange, January 23 – LEADER EDU (01449.HK) announced that on January 23, 2025, Heilongjiang University of Technology and Cheng Tai Financing entered into a sale and leaseback agreement (Cheng Tai), a transfer of ownership agreement (Cheng Tai), and a service agreement (Cheng Tai), with a selling price of 50,000,000 yuan and a total lease payment of 54,895,000 yuan. The leased Assets (Cheng Tai) refer to several assets (including Asia Vets media terminals, laboratory equipment, microscopes, machine tools, computers, projectors, Air Conditioner, pianos, and equipment, etc.), provided by Heilongjiang University of Technology.
Hong Kong stocks fluctuated | Education stocks surged in early trading, TIANLI INT HLDG (01773) rose nearly 6%, NEW ORIENTAL-S (09901) rose nearly 6%.
Education stocks rose broadly in early trading. As of the time of writing, TIANLI INT HLDG (01773) is up 5.9%, trading at 4.13 HKD; NEW ORIENTAL-S (09901) is up 3.8%, trading at 47.75 HKD; FENBI (02469) is up 2.87%, trading at 2.51 HKD; CHINA EAST EDU (00667) is up 1.97%, trading at 2.59 HKD.
LEADER EDU: 2024 ANNUAL REPORT
Leader edu (01449) released its annual performance report, with shareholders' profit attributable being 19.957 million yuan, a decrease of 65.35% year-on-year.
Leader edu (01449) announced its annual results for the year ended August 31, 2024, with revenue of 0.323 billion yuan...