On November 4, Gleewon announced that zgc tec leasing (01601.HK), on November 4, 2024, the company, as the lessor, entered into a financial leasing agreement II with lessee II baotou huazi industry Co., Ltd., under which, (i) the lessor will purchase the lessee II's own leasing assets II at a transfer price of RMB 35 million; and (ii) the lessor will lease the assets II back to the lessee II for a lease term of 36 months, with total lease payments of approximately RMB 37.85 million, including a financial leasing principal of RMB 35 million and financial leasing interest income (including VAT) of approximately RMB 2.85 million.