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China Development Bank Financial Leasing Co., Ltd. Enters RMB1.26 Billion Finance Lease Arrangement

Story Highlights
  • China Development Bank Financial Leasing focuses on leasing services across various sectors.
  • The company entered a RMB1.26 billion finance lease for wind power equipment in Hebei Province.
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China Development Bank Financial Leasing Co., Ltd. Enters RMB1.26 Billion Finance Lease Arrangement

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The latest announcement is out from China Development Bank Financial Leasing Co Ltd Class H ( (HK:1606) ).

China Development Bank Financial Leasing Co., Ltd. has announced a finance lease arrangement involving the purchase of wind power station equipment from three vendors for RMB1,260,000,000. The equipment, located in Julu County, Hebei Province, will be leased to Zhongke Photovoltaic Energy Storage Wind Power (Julu County) New Energy Development Co., Ltd. for a period of 216 months. This transaction, classified as a discloseable transaction under the Hong Kong Listing Rules, reflects the company’s strategic focus on renewable energy sectors and enhances its market positioning in the financial leasing industry.

More about China Development Bank Financial Leasing Co Ltd Class H

China Development Bank Financial Leasing Co., Ltd. operates within the financial leasing industry, focusing on providing leasing services for various sectors. It is not authorized to conduct banking or deposit-taking business in Hong Kong and is not under the supervision of the Hong Kong Monetary Authority.

Average Trading Volume: 15,411,642

Technical Sentiment Signal: Buy

Current Market Cap: HK$21.37B

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