Shandong Hi-Speed New Energy Signs RMB 79.6 Million Asset Sale-and-Leaseback Deal

• Shandong Hi-Speed New Energy's eight subsidiaries signed a RMB 79.6 million equipment sale-and-leaseback agreement on November 13, 2026.
• Shangao International Leasing, a subsidiary of controlling shareholder SDHG, will acquire the assets for a five-year leaseback.
• The floating lease rate starts at 3.85%, with principal and interest payable in equal quarterly installments.
• Proceeds will refinance existing finance lease borrowings due in 2026 at a lower interest rate without disrupting asset use.
• Each subsidiary can repurchase its leased assets for RMB 5,000 when the lease expires.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shandong Hi-Speed New Energy Group Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261113-12412838), on November 13, 2026, and is solely responsible for the information contained therein.