Metropolis Capital Holdings Limited (8621) has disclosed a finance leasing agreement involving a sale and leaseback arrangement with Customer A. On 13 February 2026, the company’s indirect wholly owned subsidiary, Metropolis International Finance Leasing Co., Ltd., entered into an agreement to purchase three pieces of artwork for RMB8.40 million (8.40 million) and lease them back to Customer A under a 24-month term ending on 25 February 2028.
Under the terms, Customer A will pay lease installments comprising the RMB8.40 million principal and total finance lease income of approximately RMB1.01 million (1.01 million), reflecting a contract yield of around 6% per annum. Ownership of the artwork remains with Metropolis International Finance Leasing during the lease. If there is no breach at the end of the term, Customer A may purchase the artwork at RMB100 per piece. The arrangement aims to generate finance lease income and cash flow and constitutes a discloseable transaction under Chapter 19 of the GEM Listing Rules, subject to reporting and announcement requirements but exempt from shareholders’ approval.
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