Concord New Energy Group (HK:0182) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Concord New Energy Group Limited has entered into a finance lease arrangement involving a purchase agreement valued at approximately RMB478,670,000 for equipment leasing. The transaction, which involves Supplier A, Supplier B, a Lessee, and a Financier, is classified as a discloseable transaction under Hong Kong’s listing rules due to its significant percentage ratio. This strategic move highlights the company’s ongoing financial maneuvers within the renewable energy sector.
For further insights into HK:0182 stock, check out TipRanks’ Stock Analysis page.
