Beijing Energy’s Strategic Moves in Yunnan Project

Beijing Energy International Holding (HK:0686) has released an update.

Beijing Energy International Holding’s subsidiary, Qujing Zhanyi, has entered into a Novation Agreement with CCB Financial Leasing and Yunnan Lvyu, transferring its purchase rights and obligations for a photovoltaic project in Yunnan Province. This agreement includes a finance lease deal, where Qujing Zhanyi will lease assets worth approximately RMB245 million from CCB Financial Leasing. These strategic moves are part of Beijing Energy’s efforts to optimize its financial operations and asset management.

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