Alliance International Education secures RMB55.5m finance lease deal

Alliance International Education Leasing Holdings Limited, through its subsidiary Lessor, entered a major finance lease agreement on October 3, 2025. This involves purchasing leased assets from Jiangxi Hongyu Energy Development Co., Ltd. for RMB50,000,000. These assets will then be leased back to the same entity for three years, with a total lease amount of approximately RMB55,506,000, including principal and interest, calculated at a fixed rate of 6.58% per annum.

The transaction is a major transaction under Chapter 14 of the Listing Rules due to aggregation with a previous finance lease agreement involving a related lessee. The combined percentage ratios exceed 25% but are less than 100%, making it subject to notification, announcement, circular, and shareholders' approval requirements. An extraordinary general meeting will be convened for shareholders to consider and approve the agreement.

The leased assets consist of production, research, and development equipment located in Zhangshu City, Jiangxi Province, with a total book value of approximately RMB100,445,000. This agreement is expected to generate stable finance lease income and cash flow for the group, aligning with its ordinary course of business.