CDB Leasing announced that on 23 September 2026, it signed a Product Purchase Agreement with Guangdong Shuhuan Zhilian Technology Co., Ltd. for the acquisition of information-technology computer equipment valued at approximately RMB6.48 billion.
The company will fund the purchase through internal resources and/or commercial bank loans. Upon completion, CDB Leasing will lease the equipment to third-party lessees under an operating-lease model, in line with its strategy to expand market share in the computer-equipment leasing segment.
The terms were reached on an arm’s-length basis, reflecting prevailing market prices and counterparties’ financial positions. Neither the seller nor its ultimate beneficial owner holds any connection with CDB Leasing or its connected persons.
Under Chapter 14 of the Hong Kong Listing Rules, the initial consideration ratio exceeded 25%, but all other percentage ratios were below 5%. Exercising discretion under Rule 14.20, the Stock Exchange approved an alternative size test, which reduced the consideration ratio to above 5% but below 25%. Consequently, the transaction is classified as a “discloseable transaction,” requiring public reporting and announcement but exempting CDB Leasing from issuing a circular or seeking shareholder approval.
CDB Leasing’s board views the agreement as fair, reasonable, and aligned with the company’s ordinary course of business and long-term development objectives.
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