A unit of China Nuclear Energy Technology (HKG:0611) will sell to lease back certain assets to China Merchants Financial Leasing for 80.2 million yuan, a Thursday Hong Kong bourse filing said.
The assets comprise various components and equipment of four photovoltaic power generation projects in Guangdong province, China.
The assets will be leased back to lessee Shaoguan Dingrong New Energy Technology for 180 months for a total lease payment of 97.3 million yuan.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.