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 agreement worth RMB890 million with Changzhou Jintan Zhixi EGing Photovoltaic Power Generation Co., Ltd. The deal involves the purchase and leaseback of photovoltaic power generation equipment for a period of 120 months. This transaction is considered discloseable under Hong Kong’s listing rules but is exempt from certain shareholder approval requirements.
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