Concord Healthcare Group (HKG:2453) entered into a finance lease agreement with Zhongguancun Science-Tech Leasing (HKG:1601) to increase the funds for its daily operations, a Wednesday Hong Kong bourse filing said.
Under the agreement, the company will sell certain medical equipment to and lease them back from Zhongguancun Science-Tech Leasing with a finance lease principal of up to 200 million yuan.
The term of the agreement is four years.
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