Alliance International Education Leasing Holdings Limited (Alliance Int’l Education Leasing) announced that its wholly owned subsidiary, Nanshan Financial Leasing (Tianjin) Co., Ltd., signed two finance lease agreements on 9 April 2026 with Leling Taishan Artificial Turf Industry Co., Ltd.
Transaction structure • Purchase price: The Lessor will buy two sets of artificial-turf production equipment (Leased Assets I & II) from the Lessee for an aggregate RMB50.00 million—RMB40.00 million for Leased Assets I and RMB10.00 million for Leased Assets II. • Leaseback: The assets will be leased back to the Lessee for 36 months. Total lease consideration is approximately RMB55.51 million, comprising RMB50.00 million principal and RMB5.51 million interest, settled in 12 equal instalments at a fixed 6.58% annual rate. • Deposits: The Lessee will place non-interest-bearing deposits of RMB0.80 million (Agreement I) and RMB0.20 million (Agreement II). • Funding: Payment will be made from the Group’s internal resources within 10 business days; all precedent conditions have been satisfied.
Collateral and guarantees Taishan Sports Industry Group, its subsidiary Leling Rongyao Sports Development, and Taishan Group’s controlling shareholder Mr. Bian Zhiliang together with Ms. Wang Xiurong have provided joint and several guarantees for all Lessee obligations under both agreements. Ownership of the leased assets remains with the Lessor during the term; the Lessee may repurchase each asset for RMB100 upon full performance at lease end.
Leased assets • Leased Assets I: Comprehensive filament drawing and tufting machinery, book value roughly RMB82.70 million. • Leased Assets II: High-temperature water-stabilized yarn processing machinery, book value roughly RMB20.69 million.
Regulatory status Aggregating the two agreements, applicable percentage ratios under HKEX Listing Rule 14.07 exceed 5% but are below 25%. The deal is therefore classified as a discloseable transaction, triggering announcement and notification requirements; shareholder approval is not required.
Strategic rationale Management states the transaction aligns with the Group’s ordinary course of business and is expected to provide stable finance-lease income and cash flow.
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