Baiying Holdings’ unit signs CNY20 million sale-leaseback finance lease with Quanzhou Taishang

Reuters03-20

Baiying Holdings’ unit signs CNY20 million sale-leaseback finance lease with Quanzhou Taishang

Baiying said its indirect subsidiary Xiamen Baiying Leasing entered a sale-leaseback finance lease agreement with Quanzhou Taishang for leaseback assets priced at RMB20 million. The lease term is 36 months, and total lease payments are RMB21.92 million. Quanzhou Taishang will pay the lease in 12 quarterly instalments of RMB1.83 million. The effective annual interest rate for the transaction is 5.7%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Baiying Holdings Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260320-12061764), on March 20, 2026, and is solely responsible for the information contained therein.

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