China Development Bank Financial Leasing Engages in Major Wind Power Finance Lease

China Development Bank Financial Leasing Co Ltd Class H ( (HK:1606) ) has provided an announcement.

China Development Bank Financial Leasing Co., Ltd. announced a finance lease transaction with Dongguang Haodong New Energy Technology Co., Ltd., involving wind power generation facilities in Hebei Province, China. The transaction, valued at RMB1.4 billion, includes a lease period of 216 months and is classified as a discloseable transaction under Hong Kong’s Listing Rules. This agreement reflects the company’s strategic focus on expanding its leasing operations in the renewable energy sector, potentially enhancing its market position and offering growth opportunities in the sustainable energy industry.

More about China Development Bank Financial Leasing Co Ltd Class H

China Development Bank Financial Leasing Co., Ltd. operates in the financial leasing industry, focusing on providing finance lease services. The company 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.

YTD Price Performance: -15.62%

Average Trading Volume: 2,961

Technical Sentiment Signal: Sell

Current Market Cap: €1.85B

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