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XXF Group enters RMB 4.7 million auto sale-and-leaseback with Volkswagen Finance China
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XXF Group enters RMB 4.7 million auto sale-and-leaseback with Volkswagen Finance China
  • XXF Group entered sale-and-leaseback deals on Aug. 19, 2026, transferring automobiles for RMB 4.7 million.
  • Assets will be leased back for 48 months, with total rent of RMB 5.09 million, including RMB 392,739 in interest.
  • Transaction aggregates with 2,294 earlier deals since Jan. 4, 2026, lifting total lease principal to RMB 189.59 million.
  • Aggregate total rent rises to RMB 204.7 million, making the combined financing a major transaction under Hong Kong listing rules.
  • Shareholders will vote at an extraordinary general meeting; a circular is expected on or before Sept. 9, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. XXF Group Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260819-12290594), on August 19, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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