Concord New Energy Group (HK:0182) has released an update.
Concord New Energy Group Limited has entered into significant finance lease arrangements post-trading hours on June 6, 2024, involving the purchase and leasing back of equipment and auxiliary facilities for RMB 161.11 million and RMB 143.89 million respectively. These transactions fall under a discloseable transaction according to Chapter 14 of the Listing Rules, as the aggregated percentage ratio exceeds 5% but remains below 25%. The deals are part of the company’s strategic financial planning and are integral to its operational leasing commitments.
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