Societe Generale Holdings (00132): Green Gold Leasing enters into financial leases for certain designated heating equipment and facilities

Zhitongcaijing · 2d ago

Zhitong Finance App News, Societe Generale Holdings (00132) issued an announcement. On September 9, 2026, the Company's subsidiary Lujin Leasing entered into a financial lease with the tenant, Liaoning Sanjiang Heating Co., Ltd., to obtain ownership of the assets at the cost of RMB 15 million. Such assets will be leased back to the tenant for use and possession for a period of five years.

The assets include the lessee's designated heating equipment and facilities located in Benxi City, Liaoning Province, China.

The conclusion of financial leases and ancillary documents is one of the general and normal business processes of Green Gold Leasing, and is expected to provide the Group with stable income and cash flow. The directors believe that financial leases and ancillary documents and transactions to be carried out under them are based on fair standards and in accordance with normal commercial terms, are fair and reasonable, and conform to the overall best interests of the Group and shareholders.