China Chengtong Development (HKG:0217) unit Chengtong Financial Leasing will buy to lease back certain assets from Shaanxi Dingbian Solar Power Generation for 170 million yuan.
The assets will then be leased back to the lessee for two years for a total lease payment of 177.8 million yuan, a Thursday bourse filing showed.
The assets comprise polycrystalline silicon photovoltaic modules, module array mounting brackets and accessories, inverters, transformers, and cast-in-place piles among other things.
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