eprint Group Seals HK$3.36 Million Canon Lease to Strengthen Digital Printing Capacity

Bulletin Express05-04

On 4 May 2026, eprint Group Limited’s wholly owned subsidiary, Promise Network Printing Limited, executed a two-year lease agreement with Canon Hongkong Company Limited for one imagePRESS V1000 unit and one ImagePRESS Server D3000. The lease runs from June 2026 to May 2028 and carries total payments of HK$3.36 million, settled in equal monthly instalments of HK$140,000.

Under Hong Kong Financial Reporting Standard 16, the contract will be recognised as a right-of-use asset of approximately HK$3.36 million on eprint’s consolidated balance sheet. The transaction qualifies as a discloseable transaction: the highest applicable percentage ratio exceeds 5% but is below 25%, triggering notification and announcement obligations under Chapter 14 of the Listing Rules while exempting the company from shareholder approval and circular requirements.

Management stated that the new equipment will allow the group to maintain and upgrade production capacity, improving efficiency and print quality to meet business demand. Payment will be funded entirely through internal resources, and the directors affirm the terms are on normal commercial grounds and in the best interests of shareholders.

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