CDB Leasing Enters into Financial Lease Agreement with Dalad Banner Yuzhao New Energy

Stock News04-24 19:22

CDB LEASING (01606) has announced that the company, acting as the lessor, along with the lessee Dalad Banner Yuzhao New Energy Co., Ltd. and the seller Shanghai Ruijing Energy Technology Co., Ltd., entered into a financial leasing arrangement on April 24, 2026 (after trading hours). Under this arrangement, (i) the company, acting as the buyer, entered into a transfer contract with the lessee and the seller, agreeing to purchase the subject assets from the seller for a consideration of RMB 1.2 billion, and (ii) the company, acting as the lessor, entered into a financial lease contract with the lessee, agreeing to lease the leased assets (i.e., the subject assets) to the lessee for a lease term of 120 months. The subject assets consist of energy storage power station equipment and ancillary facilities located in Dalad Banner, Inner Mongolia Autonomous Region, China, owned by the lessee. The financial leasing arrangement was entered into by the company in the ordinary course of its business. The execution of the financial leasing arrangement is beneficial for increasing the company's financial leasing business revenue and aligns with its business development strategy.

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