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Shandong Hi-Speed New Energy Group Limited ( (HK:1250) ) has issued an update.
Shandong Hi-Speed New Energy Group Limited has entered into a finance lease agreement with CR Leasing, involving Wenshui Shangao Heat Supply as the lessee. Under this agreement, CR Leasing will purchase leased assets from Wenshui Shangao Heat Supply for RMB250,000,000 and lease them back for 96 months, with ownership reverting to Wenshui Shangao Heat Supply upon completion of payments and a nominal fee. This transaction is considered discloseable under Hong Kong’s listing rules, indicating its significance in the company’s financial operations and regulatory compliance.
More about Shandong Hi-Speed New Energy Group Limited
Average Trading Volume: 180,027
Technical Sentiment Signal: Buy
Current Market Cap: HK$4.52B
See more data about 1250 stock on TipRanks’ Stock Analysis page.