China Development Bank Financial Leasing Co Ltd Class H (HK:1606) has released an update.
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China Development Bank Financial Leasing Co., Ltd. has entered into a finance lease arrangement involving the acquisition of photovoltaic power generation equipment assets in Yangzhou City, Jiangsu Province for RMB775.5 million. The transaction, deemed a discloseable one under Hong Kong’s listing rules, involves a 216-month lease period with Yangzhou Jiayi Photovoltaic Technology Co., Ltd. as the lessee. This strategic move underscores the company’s commitment to expanding its financial leasing portfolio in the renewable energy sector.
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