XXF (02473) Subsidiary Enters Sale and Leaseback Agreements for Certain Vehicles

Stock News2025-12-01

XXF (02473) announced that on December 1, 2025, its indirectly wholly-owned subsidiary and/or certain of its subsidiaries (collectively as the lessee) entered into sale and leaseback agreements with the lessor (Zhejiang Zhihui Puhua Financial Leasing Co., Ltd.).

Under the agreements, the lessee agreed to transfer the leased assets to the lessor for a total consideration of approximately RMB 5.8071 million. The lessee will then lease back the assets for a term of 48 months, with total lease payments amounting to approximately RMB 6.4418 million.

The leased assets refer to certain vehicles owned by XXF and/or its subsidiaries as detailed in the agreements.

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