China Huirong forms joint ventures with Guochuang Technology for aircraft leasing
China Huirong Financial Holdings announced on September 24, 2026, that its subsidiaries Huifang Investment and Huifang Technology entered a joint venture agreement with Guochuang Technology to establish two companies—one in Hong Kong and one in China—for acquiring and leasing aircraft. The group’s total consideration and guarantee commitments amount to approximately RMB 68.1445 million. The ventures aim to generate rental income and seek aircraft sale opportunities.
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China Huirong Forms Joint Ventures to Acquire and Lease Aircraft
China Huirong Financial Holdings (01290) announced on September 24, 2026, that two of its indirect wholly-owned subsidiaries, Huifang Investment and Huifang Technology, have entered into a joint venture agreement with Guochuang Technology. The agreement establishes a Hong Kong joint venture, held 49% by Huifang Investment and 51% by Guochuang Technology, and a China joint venture, held 49% by Huifang Technology and 51% by Guochuang Technology, for the purpose of acquiring and leasing aircraft. The Hong Kong JV has an issued share capital of HKD 50,000, while the China JV has a registered capital of USD 2.5 million, with additional guarantee commitments of USD 14.42 million and shareholder loans of USD 3.68 million. The total consideration and guarantee commitments for the group amount to approximately RMB 68.1445 million. The company stated that the joint ventures will leverage Guochuang Technology's experience to enter the aircraft leasing business, generate stable rental income, and seek opportunities to sell aircraft for asset disposal gains, extending its special asset investment operations and diversifying its business layout.
Read sourceChina Huirong Sets Up Joint Ventures to Acquire and Lease Aircraft
China Huirong Financial Holdings Limited (01290) announced on September 24, 2026, that its indirect wholly-owned subsidiaries, Huifang Investment and Huifang Technology, have entered into a joint venture agreement with Guochuang Technology. The agreement establishes two joint ventures: a Hong Kong company (49% owned by Huifang Investment, 51% by Guochuang Technology) with a share capital of HKD 50,000, and a China company (49% owned by Huifang Technology, 51% by Guochuang Technology) with a registered capital of USD 2.5 million. The China JV also involves a guarantee commitment of USD 14.42 million and shareholder loans of USD 3.68 million, with the group's total consideration and guarantees amounting to approximately RMB 68.1445 million. The joint ventures aim to acquire and lease aircraft, generating stable rental income and potentially selling aircraft to realize asset disposal gains. China Huirong views this as an extension of its special asset investment business, leveraging Guochuang Technology's expertise to diversify its asset allocation and support long-term strategic development.
China Huirong Forms Joint Ventures to Acquire and Lease Aircraft
China Huirong Financial Holdings Limited (01290) announced on September 24, 2026, that two of its indirect wholly-owned subsidiaries, Huifang Investment and Huifang Technology, have entered into a joint venture agreement with Guochuang Technology. The agreement establishes a Hong Kong joint venture, 49% owned by Huifang Investment and 51% by Guochuang Technology, and a China joint venture, 49% owned by Huifang Technology and 51% by Guochuang Technology, for the purpose of acquiring and leasing aircraft. The Hong Kong joint venture will have an issued share capital of HKD 50,000, while the China joint venture will have a registered capital of USD 2.5 million. The China joint venture also involves a guarantee commitment of USD 14.42 million and shareholder loans of USD 3.68 million, with the total consideration and guarantee commitments for the group amounting to approximately RMB 68.1445 million. The company stated that the joint venture will leverage Guochuang Technology's experience to enter the aircraft leasing business, aiming to generate stable rental income and seek potential buyers to sell aircraft based on industry cycles, thereby enhancing investment returns and diversifying its asset allocation.
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China Huirong Subsidiaries Form Joint Ventures with Guochuang Tech to Acquire and Lease Aircraft
On September 24, 2026, China Huirong Financial Holdings Limited (01290.HK) announced that its two indirect wholly-owned subsidiaries, Huifang Investment and Huifang Technology, entered into a joint venture agreement with Guochuang Technology. The agreement establishes two joint ventures: a Hong Kong joint venture, 49% owned by Huifang Investment and 51% by Guochuang Tech, and a China joint venture, 49% owned by Huifang Technology and 51% by Guochuang Tech. The purpose of the joint ventures is to acquire and lease aircraft. The Hong Kong joint venture will have an issued share capital of HKD 50,000, while the China joint venture will have a registered capital of USD 2,500,000. Additionally, the China joint venture involves a guarantee commitment of USD 14,420,000 and a shareholder loan of USD 3,680,000, both shared proportionally. The total consideration and guarantee commitments for the group's investment in the joint ventures amount to approximately RMB 68,144,479.
China Huirong to Form Joint Venture with Guochuang Technology for Aircraft Leasing
China Huirong Financial Holdings Limited (01290.HK) announced a discloseable transaction on September 24. Its indirect wholly-owned subsidiaries Huifang Investment and Huifang Technology have entered into a joint venture agreement with Guochuang Technology. The agreement involves establishing a Hong Kong joint venture and a China joint venture to acquire and lease aircraft. The total consideration and guarantee commitments for setting up the joint ventures amount to approximately 68.1445 million yuan. The announcement was reported by Southern Finance Network via East Money News.
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