Two China Glass (HKG:3300) units entered into financial lease deals on Monday, according to separate filings with the Hong Kong exchange the same day.
Suqian CNG New Energy sold photovoltaic glass production equipment to Haitong Unitrust International Financial Leasing (HKG:1905) for 100 million yuan, one filing said.
Haitong Unitrust will lease back the assets to Suqian CNG for 24 months at 105 million yuan.
In another transaction, Weihai CNG Coated Glass sold glass production equipment to CMB Financial Leasing for 150 million yuan.
CMB Financial Leasing will lease back the equipment to Weihai CNG for 24 months at 157.4 million yuan, the filing said.
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