Concord New Energy Group (HK:0182) has released an update.
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.
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