Zhitong Financial APP News, Ziyuanyuan (08223) announced that on December 29, 2021, Ziyuanyuan (Shenzhen) International Financial Leasing Co., Ltd. (lessee), a wholly owned subsidiary of the company, entered into an after-sale and leaseback agreement with Bank of China Financial Leasing Co., Ltd. (lessor), under which the lessee agreed to transfer the legal ownership of the leased assets to the lessor at a transfer fee of about RMB 90.0991 million. And the lessor agrees to lease the leased assets back to the lessee during the lease term. The total amount of lease payment is about 96.8647 million yuan.
On the premise that the lease term expires and the lessee pays all lease payments and other payables in full and performs other obligations under the sale and leaseback agreement, the lessor shall transfer the legal ownership of the leased assets to the lessee with a nominal amount of RMB 100. The leased assets include a number of oral medical equipment located in China.