ZGC TEC LEASING (01601) has unveiled a fresh finance lease arrangement tied to standalone energy storage ventures, a move set to fortify its recurring revenue streams.
On 16 September 2026, the firm, serving as lessor, entered into a finance lease agreement II with lessee Shanxi Jinjing Feipeng Energy Technology Co., Ltd. Under the terms, the lessor will procure the lessee's self-owned lease assets II for a consideration of RMB 100 million, subsequently leasing these assets back to the lessee over a 72-month tenure.
The total lease receivable is projected at around RMB 118.3 million, comprising principal of RMB 100 million and finance lease interest income (VAT inclusive) of nearly RMB 18.3 million. The leased assets, tied to standalone energy storage operations, hold a net book value of roughly RMB 113.08 million.
This pact falls within the company's routine and core business scope, and is anticipated to generate steady income and bolster cash flow for ZGC TEC LEASING over the lease period.