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A subsidiary of Societe Generale Holdings (00132) enters into financial leases for certain designated heating equipment and facilities
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According to Zhitong Finance App, Societe Generale Holdings (00132) announced that on September 8, 2026, the Company's subsidiary Green Gold Leasing entered into a financial lease with the tenant to obtain ownership of the assets from the lessee at a cost of RMB 30 million (equivalent to about HK$3.54 million). Such assets will be leased back to the lessee for use and possession for a period of six years.

The assets include the lessee's designated heating equipment and facilities located in Tongliao City, Inner Mongolia Autonomous Region, 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 are in the overall best interests of the Group and shareholders.

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