China Development Bank Financial Leasing Co Ltd Class H (HK:1606) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
China Development Bank Financial Leasing Co., Ltd. announced a finance lease agreement with Shaanxi Heyang Guihua Clean Energy Co., Ltd., involving the purchase and leaseback of photovoltaic power generation equipment valued at RMB920 million. The transaction, classified as discloseable under stock exchange rules, spans a lease period of 120 months with quarterly payments. This move underscores the company’s strategic focus on renewable energy investments.
For further insights into HK:1606 stock, check out TipRanks’ Stock Analysis page.