BJ ENERGY INTL (00686) announced that on March 11, 2026, its wholly-owned subsidiary Anhui Zhaolian, as the lessee, entered into a financial lease agreement with ABC Financial Leasing. Under the terms and conditions of the agreement, ABC Financial Leasing will purchase the leased assets from Anhui Zhaolian Clean Energy Co., Ltd. for a total consideration of RMB 325 million, and subsequently lease the assets back to Anhui Zhaolian. The total rent payable to ABC Financial Leasing under the financial lease agreement amounts to approximately RMB 373 million, which includes the total purchase cost of RMB 325 million and estimated interest of approximately RMB 48 million. The lease term will be 120 months. The leased assets consist of various equipment and components related to the floating photovoltaic power generation project, such as transformers and cables. The floating photovoltaic power generation project is a 100-megawatt facility located in Fengtai County, Huainan City, Anhui Province, China. The company is an investment holding entity, and the group is primarily engaged in the development, investment, operation, and management of power stations and other clean energy projects. The financial lease agreement and the transactions contemplated thereunder provide the group with additional financial resources for the development of the floating photovoltaic power generation project and the working capital of Anhui Zhaolian, while also enabling the group to utilize its internal resources more effectively.