CDB Leasing Signs RMB4.00 Billion IT Hardware Deal to Bolster Operating-Lease Portfolio

Bulletin Express07-01

China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”) has entered into a product purchase agreement with Changkuai Computing Information Industry (Beijing) Co., Ltd. to acquire high-performance information-technology computer equipment valued at up to RMB4.00 billion.

The agreement, signed on 1 July 2026, will be financed through the company’s internal resources and/or commercial bank loans. Upon delivery, CDB Leasing intends to place the equipment under operating-lease arrangements with third-party lessees, expanding its presence in the computer-equipment leasing market.

Under Hong Kong Listing Rules, the deal is classified as a discloseable transaction: the highest applicable percentage ratio exceeds 5 % but remains below 25 %, triggering announcement obligations while exempting the company from circular and shareholder approval requirements.

Management states that the transaction aligns with the firm’s business strategy, leveraging all parties’ strengths to grow market share in technology-equipment leasing. The seller, an independent third party focused on software and hardware sales, is ultimately owned by Mr. Chen Yong.

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