According to Zhitong Finance App, Shangao New Energy (01250.HK) announced that on November 13, 2026, Shangao International Leasing (as lessor) entered into a financial leasing agreement with Taizhou Beiqing, Fuzhou Beikong, Hebei Beisong, Heyuan Huahao, Lu'an Beikong, Nantong Capital, Shijiazhuang Beikong and Yongzhou Beikong (each an indirect wholly-owned subsidiary of the company, as a lessee) on the sale and leaseback arrangement of leased assets. The leased assets are electrical equipment and related ancillary production facilities owned by the lessee.

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