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China Development Bank Financial Leasing Co Ltd Class H ( (HK:1606) ) has shared an update.
China Development Bank Financial Leasing Co., Ltd. announced a finance lease arrangement involving the purchase and lease of photovoltaic power generation equipment from Henan Bizhi Construction Engineering Co., Ltd. to Yangzhou Hengya Photovoltaic Co., Ltd. for RMB980,000,000. This transaction, classified as a discloseable transaction under Chapter 14 of the Listing Rules, highlights the company’s strategic move to expand its leasing operations in the renewable energy sector, potentially enhancing its market position and offering stakeholders insight into its growth strategy.
More about China Development Bank Financial Leasing Co Ltd Class H
China Development Bank Financial Leasing Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China. The company is involved in financial leasing services and is not authorized to conduct banking or deposit-taking business in Hong Kong. It is also not subject to the supervision of the Hong Kong Monetary Authority.
Average Trading Volume: 7,245,231
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$16.31B
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