According to Zhitong Finance App, Sunshine Paper (02002.HK) issued an announcement. On July 21, 2026, Xinmai Paper (a wholly-owned subsidiary of the company, as the seller and lessee) entered into a sales contract and financial lease contract with Haifa Baocheng (as the buyer and lessor). Based on this, Haifa Baocheng has agreed (including) to purchase leased assets from Xinmai Paper at a cost of RMB 160 million; and leasing the leased assets to Xinmai Paper for a total lease amount of RMB 173 million during the lease period. Leased assets refer to certain equipment owned by Xinmai Paper and currently stored in the lessee's plant in Changle Economic Development Zone, Weifang City, Shandong Province, China (mainly used for the production of coated white kraft paper).

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.