China Development Bank Financial Leasing Co Ltd Class H (HK:1606) has released an update.
China Development Bank Financial Leasing Co., Ltd. has announced a finance lease transaction with Hebei Hongmeng No.2 Photovoltaic Co., Ltd., where assets worth RMB400,000,000 were purchased and will be leased back over a period of 216 months. This transaction, along with a previous similar deal, has been aggregated for classification under the Listing Rules, and while it exceeds the 5% ratio, it remains below 25%, requiring no shareholder approval. These assets consist of solar power generation equipment, emphasizing the company’s involvement in sustainable energy solutions.
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