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Concord New Energy Engages in Major Finance Lease Arrangement

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Concord New Energy Group ( (HK:0182) ) has provided an update.

Concord New Energy Group Limited announced a finance lease arrangement with Industrial Bank Financial Leasing, involving two agreements for leasing equipment and auxiliary facilities. The transaction, valued at approximately RMB457.2 million, is classified as a discloseable transaction under Hong Kong’s Listing Rules, indicating significant financial engagement and strategic asset management for the company.

More about Concord New Energy Group

Concord New Energy Group Limited is a company incorporated in Bermuda, primarily engaged in the renewable energy sector. It focuses on the development, operation, and management of wind and solar power projects, aiming to expand its footprint in the clean energy market.

YTD Price Performance: -37.50%

Average Trading Volume: 8,320

Technical Sentiment Signal: Buy

Current Market Cap: $481.2M

For detailed information about 0182 stock, go to TipRanks’ Stock Analysis page.

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