Bank of China Gold Rental (01606) issued an announcement that the company acts as lessor and lessee (Hebei Hongmeng No. 2 Wind Power Co., Ltd.)...
According to the Zhitong Finance App, Bank of China Gold Rental (01606) announced that the company, as the lessor, and the lessee (Hebei Hongmeng No. 2 Wind Power Co., Ltd.) signed a financial lease contract on March 18, 2024. The lessor purchased the leased property from the tenant at a cost of RMB 1.4 billion, and the lessor agreed to rent the leased property to the lessee for a period of 180 months. The total rental interest during the rental period was approximately RMB 622 million.
According to reports, the leased property is wind power generation equipment located in Kangbao County, Zhangjiakou City, Hebei Province, China. The total net book value of leased property is approximately RMB 1.46 billion.