Beijing Energy International Unit to Sell to Lease Back Assets

MT Newswires Live

2024/12/12

Beijing Energy International (HKG:0686) unit Nangong Guoshun will sell to lease back certain equipment to Nangong Guoshun for 500 million yuan, a Wednesday bourse filing said.

The assets will then be leased back to Nangong Guoshun for 36 months, for a total of around 538 million yuan.

The assets comprise various equipment and components related to an agricultural-photovoltaic complementary photovoltaic power generation project.

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