Bank of China Gold Leasing (01606) enters into financial lease contracts for certain vehicles

According to Zhitong Finance App, Bank of China Gold Leasing (01606) announced that the company, as the lessor, and the lessee Shanghai Mingxing Auto Service Co., Ltd. entered into this financial lease contract on October 9, 2026 (after the transaction period). Based on this, (i) the lessor agreed to purchase the leased property from the lessee at a cost of approximately RMB 183 million, and (ii) the lessor agreed to rent the leased property to the lessee for a period of 12 months (this transaction).

The leased property is a number of vehicles located all over China owned by the lessee under this financial lease contract. The total value of the leased property was determined to be approximately RMB 195 million based on the bare car price of the leased property and related taxes and fees, and was determined through the company's internal evaluation process.

This financial lease contract was concluded by the Company in the general and daily business process. The conclusion of this financial leasing contract is beneficial to increasing the company's financial leasing business revenue and is in line with the company's business development strategy.