According to Zhitong Finance App, Tianchang Group (02182) issued an announcement. On November 13, 2026, Huizhou Tianchang (an indirect wholly-owned subsidiary of the company) placed a purchase order with seller B (Haitian Plastic Machinery Group Co., Ltd.). The total cost of the acquisition was RMB 6.9 million. The machines purchased were 7 injection molding machines.

On the same day, Huizhou Tianchang (as tenant) and Ningbo CICC (as lessor) signed a financial lease agreement. According to this, Ningbo CICC must purchase the machine from Huizhou Tianchang at a total cost of RMB 6.2 million. The machine will then be leased back to Huizhou Tianchang for a period of 41 months, including a 5-month rent-free period.

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.