Gelonghui, May 16, 丨 Societe Generale Holdings (00132.HK) announced that on May 16, 2024, the company's subsidiary Lujin Leasing entered into a financial lease with the tenant to obtain ownership of the assets from the lessee at a total cost of RMB 50,000,000. Such assets will be leased back to the lessee for use and possession for a period of five years.
Asset 1 includes the lessee's designated cogeneration equipment and facilities located in Dongying City, Shandong Province. Asset 2 includes the lessee's other designated cogeneration equipment and facilities located in Dongying City, Shandong Province.