SHANXI INSTALL (02520): China Merchants Bank Financial Leasing Enters Finance Lease Agreement with Xiyang Shan'an New Energy

Stock News

2025/09/30

SHANXI INSTALL (02520) announced that after trading hours on September 30, 2025, the lessor (China Merchants Bank Financial Leasing Co., Ltd.) and the lessee (the company's subsidiary Xiyang Shan'an New Energy Co., Ltd.) entered into a finance lease agreement. Under the finance lease agreement, the lessor will purchase the underlying assets from the company at a consideration of RMB 200 million and lease the underlying assets back to the lessee for a term of 180 months, collecting lease payments as returns. The underlying assets consist of wind power generation equipment.

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