Gelonghui Holdings (00132.HK) issued an announcement on May 27, 2024. On May 27, 2024, the company's subsidiary Lujin Leasing entered into a financial lease with the tenant to obtain ownership of the assets from the lessee at a total cost of RMB 40,000,000. Such assets will be leased back to the lessee for use and possession for a period of eight years.

Asset 1 includes the lessee's designated sewage treatment equipment and facilities located in Xi'an, Shaanxi Province, China. Asset 2 includes the lessee's other designated sewage treatment equipment and facilities located in Xi'an, Shaanxi Province, China.