China Development Bank Financial Leasing Acquires Photovoltaic Power Station Assets in Ningxia

Reuters12-10 21:10

China Development Bank Financial Leasing Acquires Photovoltaic Power Station Assets in Ningxia

China Development Bank Financial Leasing Co. Ltd. announced it has entered into an asset transfer agreement with PowerChina Leasing Co., Ltd. to acquire ownership of leased assets, related creditor's rights, security interests, and obligations under a finance lease agreement. The total consideration for the transaction is RMB 1 billion. The lessee involved is Ningxia Daxin New Energy Co., Ltd., and Shanghai Electric Power Engineering Co., Ltd. is also a party to the agreement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Development Bank Financial Leasing Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251210-11951591), on December 10, 2025, and is solely responsible for the information contained therein.

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Ltd. announced it has entered into an asset transfer agreement with PowerChina Leasing Co., Ltd. to acquire ownership of leased assets, related creditor's rights, security interests, and obligations under a finance lease agreement. The total consideration for the transaction is RMB 1 billion. The lessee involved is Ningxia Daxin New Energy Co., Ltd., and Shanghai Electric Power Engineering Co., Ltd. is also a party to the agreement.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Development Bank Financial Leasing Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. 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