tiprankstipranks
China Development Bank Strikes Major Leasing Deal
Company Announcements

China Development Bank Strikes Major Leasing Deal

China Development Bank Financial Leasing Co Ltd Class H (HK:1606) has released an update.

Don't Miss our Black Friday Offers:

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.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskChina Development Bank’s Strategic Asset Acquisition in Renewables
TipRanks HongKong Auto-Generated NewsdeskChina Development Bank Expands Aircraft Fleet with New Acquisition
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App