Goldbond Group (RCode:0172:) announced that its 50.06%-owned subsidiary, Rongzhong International Financial Leasing (RZ Leasing), has entered into a printing and packaging equipment finance lease contract and an electronic material equipment finance lease contract with 2 lessees.

Under the contracts, RZ Leasing will purchase printing and packaging equipment and electronic material equipment from the lessees for RMB43 million (HK$53.1 million) and RMB50 million (HK$61.7 million) respectively. RZ Leasing will then lease back the 2 sets of equipment to the lessees for RMB49.5 million and RMB55.5 million with a term of 3 years and 2 years respectively.