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Express News | Baiying Holdings Group Ltd - Finance Lease Agreement
BAIYING HOLDING: INTERIM REPORT 2024
BAIYING HOLDING: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2024
Baiying Holdings (08525.HK) entered into a sale and leaseback transaction.
On July 22nd, Gelonhui reported that Baiying Holding (08525.HK) announced a post-sale leaseback transaction with Shengningyuan according to a leasing agreement with Xiamen Baiying Financing Lease Co., Ltd. on July 22nd, 2024. According to the leasing agreement, the buyer will purchase leased assets from Shengningyuan for RMB 31 million and lease them back to Shengningyuan for a period of 36 months, and will receive leasing payments as compensation. The leased assets refer to 70 circular knitting machines.
Express News | Baiying Holdings - Unit to Purchase From Sheng Ning Yuan 70 Units of Circular Knitting Machine for RMB31.0 Mln
Shareholders Will Probably Not Have Any Issues With Baiying Holdings Group Limited's (HKG:8525) CEO Compensation
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