Subsidiary of ALLI INTL ED LE to Enter into Financial Lease Agreement with Shandong Hongxu Chemical

Stock News07-03

An announcement has been issued by ALLI INTL ED LE (ASX: 01563) regarding a proposed transaction. On July 3, 2026, the lessor, Nanshan Financial Leasing (Tianjin) Co., Ltd., a wholly-owned subsidiary of the company, intends to enter into a financial lease agreement with the lessee, Shandong Hongxu Chemical Co., Ltd.

Under the terms of the proposed agreement, the lessor will agree to purchase the lease assets from the lessee for a consideration of RMB 40 million. Subsequently, the lessor will agree to lease these assets back to the lessee.

The lease period is set for three years. The total lease payments amount to approximately RMB 44.16 million, which represents the combined total of the lease principal and the lease interest.

The lease assets encompass the lessee's industrial manufacturing and process machinery equipment. This primarily includes chemical reactors, heating and refrigeration units, storage containers, environmental treatment systems, and control equipment.

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