Brief: Gcl New Energy Holdings says Gne Group enters Baoying finance lease agreements

Long Investment

19/10/2016 15:43

Oct 19 (Reuters) - Gcl New Energy Holdings Ltd  0451.HK  
    * Gne Group entered into baoying finance lease agreements in 
relation to financing of baoying photovoltaic power generation 
equipment 
    * Gne Group entered into gaoyou finance lease agreements in 
relation to financing of gaoyou photovoltaic power generation 
equipment 
    * Baoying photovoltaic power generation equipment shall be 
sold by Nanjing Gcl New Energy to China Financial for rmb36.9 
million 
    * Gaoyou photovoltaic power generation equipment shall be 
sold by Nanjing Gcl New Energy to China Financial for rmb61.3 
million 
    * Purchaser and lessor being China Financial,  lessee being 
gaoyou gcl 
 
Source text for Eikon:  ID:nHKS1tPgQN  
Further company coverage:  0451.HK  
 
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