China Development Bank Financial Leasing Co., Ltd. (CDB Leasing) disclosed a finance lease arrangement valued at RMB1.20 billion with Dalad Banner Yuzhao New Energy Co., Ltd. after market close on 24 April 2026.
Under the structure, CDB Leasing will purchase energy-storage power-station equipment and ancillary facilities in Dalad Banner, Inner Mongolia, from Shanghai Ruijing Energy Technology Co., Ltd. for RMB1.20 billion and immediately lease the assets back to the project owner, Yuzhao New Energy, for 120 months.
Key financial terms • Lease principal: RMB1.20 billion, mirroring the acquisition cost. • Lease interest: approximately RMB210.00 million over the 10-year term. • Payment schedule: quarterly instalments of principal and interest. • Residual option: the lessee may repurchase the assets for RMB100 at lease expiry.
Dalad Banner Shenghe Energy Storage Technology Co., Ltd. will provide a joint-and-several liability guarantee for all obligations under the lease.
Regulatory classification The transaction’s size places it between 5% and 25% of the applicable percentage ratios under Chapter 14 of the Hong Kong Listing Rules, making it a discloseable transaction that requires public reporting but not shareholder approval.
Strategic rationale Management stated that the deal aligns with CDB Leasing’s focus on energy-sector assets and is expected to expand income generated from its core finance-lease business.
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