KANGDA ENV (06136) Subsidiary Enters Financing Lease Agreement with Guangdong Green Finance
Stock News
Oct 16
KANGDA ENV (06136) announced that on October 16, 2025, its indirect wholly-owned subsidiary, Weifang Kangda Environmental Water Co., Ltd., entered into a financing lease agreement and accompanying documents with Guangdong Green Finance Leasing Co., Ltd. Under this agreement, the lessor agrees to acquire ownership of assets for a total consideration of RMB 50 million and lease them back to the lessee for use and possession, with a term of 72 months starting from the payment date of the aforementioned consideration. The assets include wastewater treatment equipment and facilities located in Weifang, Shandong Province, China.
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