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China Development Bank Financial Leasing signs 1.6bn yuan green energy deal

August 25, 2025 at 09:43 AM UTCBy FilingReader AI

China Development Bank Financial Leasing entered a finance lease agreement with Ningxia Baofeng Photovoltaic Power Generation for solar power facilities worth 1.6 billion yuan.

The lessor will purchase the power generation assets, appraised at approximately 2.36 billion yuan, then lease them back over 120 months. Total lease interest is approximately 300 million yuan, payable quarterly.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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