CDB LEASING (01606) signs a financing lease contract for hydropower station power generation equipment.

date
17:54 27/02/2026
avatar
GMT Eight
Guo Yin Jin Zu (01606) announced that as the lessor, the Company entered into a financial leasing contract with Kashgar Zhaoheng Clean Energy Co., Ltd. on February 27, 2026 (after trading hours). Accordingly, the lessor agrees to purchase the leased property from the lessee for a consideration of RMB 1.4 billion, and the lessor agrees to lease the leased property to the lessee for a period of 300 months.
CDB LEASING (01606) announced that the company, as the lessor, entered into a financial leasing contract with lessee Kashgar Zhaoheng Clean Energy Co., Ltd on February 27, 2026 (after trading hours). Under the agreement, the lessor agreed to purchase the leased asset from the lessee for a price of 1.4 billion yuan, and to lease the asset to the lessee for a lease term of 300 months. The leased asset is the power generation equipment of a hydropower station located in the Xinjiang Uyghur Autonomous Region of China. According to the financial leasing contract, the lessor agreed to lease the asset to the lessee at a rental price inclusive of value-added tax, payable in Chinese yuan, consisting of the leasing principal and leasing interest. The leasing principal is equal to the transfer price of 1.4 billion yuan in total, and the leasing interest amounts to approximately 718 million yuan in total over the lease term. The lessee is required to pay the leasing principal and interest to the lessor in quarterly installments during the lease term.