Concord New Energy Group (HK:0182) has released an update.
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Concord New Energy Group Limited has announced a significant finance lease arrangement, involving two suppliers and a financier, to acquire equipment for leasing purposes with a combined purchase price of over RMB 500 million. This deal, which falls under a disclosable transaction according to the Listing Rules, is structured through agreements that will see the company pay quarterly lease payments during the lease period.
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