CDB Leasing Plans to Acquire IT Computer Equipment for Operating Lease Business

Deep News07-02

CDB LEASING (HKEX: 01606) has announced that the company, acting as the buyer, entered into a product procurement agreement with the seller, Dachuang Precision Intelligent Manufacturing (Kunshan) Co., Ltd., on July 1, 2026. Under this agreement, the seller has agreed to sell, and the buyer has agreed to purchase, the procurement assets for a total consideration not exceeding RMB 2.5 billion.

The procurement assets consist of information technology computer equipment. The total value of these assets, determined based on their prevailing market price and following the company's internal evaluation process, is set at no more than RMB 2.5 billion. The seller will not separately account for the pre-tax or post-tax profits related to these assets.

This product procurement agreement was established by the company in the ordinary course of its business. Entering into this agreement is advantageous for leveraging the respective strengths of the parties involved. It is beneficial for increasing the company's market share in the computer equipment operating lease sector and aligns with the company's business development strategy.

The board of directors believes that the terms of the product procurement agreement are fair and reasonable, serving the overall interests of the company and its shareholders.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment