Vicino announced that in July 2025, the company agreed to launch a 300 million yuan sale-back leasing business with its holding subsidiary Gu'an Yungu and Xinxin Leasing, and that the company provided joint liability guarantees and equity pledge guarantees. Recently, Xinxin Leasing, Gu'an Yungu, Xinxin Leasing, and Vicino jointly signed a quadripartite agreement to change the lessor to Xinxin Leasing. By the end of 2025, Xinxin Leasing had total assets of 606 million yuan, net assets of 603 million yuan, revenue of 190,000 yuan, and net loss of 4.16 million yuan. This change did not substantially change the progress of the transaction, and did not affect the use of the equipment or the company's guarantee terms.

Vicino announced that in July 2025, the company agreed to launch a 300 million yuan sale-back leasing business with its holding subsidiary Gu'an Yungu and Xinxin Leasing, and that the company provided joint liability guarantees and equity pledge guarantees. Recently, Xinxin Leasing, Gu'an Yungu, Xinxin Leasing, and Vicino jointly signed a quadripartite agreement to change the lessor to Xinxin Leasing. By the end of 2025, Xinxin Leasing had total assets of 606 million yuan, net assets of 603 million yuan, revenue of 190,000 yuan, and net loss of 4.16 million yuan. This change did not substantially change the progress of the transaction, and did not affect the use of the equipment or the company's guarantee terms.