Zhongguancun Science-Tech Leasing inks two finance lease deals

Zhongguancun Science-Tech Leasing Co., Ltd. has entered into two finance lease agreements with Jing-Jin Electric Technologies (Heze) Co., Ltd.

The latest agreement, Finance Lease Agreement II, was signed on December 18, 2025. Under this agreement, the company will acquire Leased Assets II from the lessee for 49,000,000 yuan and lease them back for 24 months. The total finance lease payment is approximately 52,351,829 yuan, including a principal of 49,000,000 yuan and interest income of approximately 3,351,829 yuan.

This follows Finance Lease Agreement I, entered into on June 26, 2025, involving the acquisition of Leased Assets I for 30,000,000 yuan and an 18-month lease-back term. The total payment for this agreement is approximately 31,696,169 yuan, comprising a 30,000,000 yuan principal and 1,696,169 yuan in interest income. Both sets of leased assets consist of production and processing machine tools and other equipment.

The aggregation of these transactions within a 12-month period results in a discloseable transaction for the company as per Rule 14.22 of the Listing Rules. While each transaction individually has a percentage ratio below 5%, their combined ratio exceeds 5% but is less than 25%. These transactions are considered part of the company's ordinary course of business, expected to provide stable revenue and cash flow.