CDB Leasing signs RMB4.00 billion IT hardware purchase to boost operating lease business

Bulletin Express07-01

China Development Bank Financial Leasing Co., Ltd. (CDB Leasing) announced that on 1 July 2026 it entered into a Product Purchase Agreement with Henan Yuxin Information Industry Co., Ltd., an independent state-owned supplier of computer hardware and software.

The agreement allows CDB Leasing to acquire high-performance information-technology computer equipment valued at up to RMB4.00 billion. Payment will be funded through the company’s own resources and/or commercial bank loans.

Upon delivery, the equipment will be leased to third-party customers under operating-lease arrangements, a move designed to enlarge CDB Leasing’s presence in the computer equipment leasing market and align with its long-term business development strategy.

Under Hong Kong Listing Rules, the transaction’s size—exceeding 5 percent but below 25 percent of the applicable percentage ratios—classifies it as a discloseable transaction. Accordingly, it requires public reporting and announcement but is exempt from shareholder approval and circular issuance.

CDB Leasing’s board considers the terms negotiated on an arm’s-length basis to be fair and reasonable and believes the transaction is in the interests of both the company and its shareholders.

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