On December 11, 2023, BJ ENERGY INTL (00686.HK) announced that on December 11, 2024, Nanguo Guoshun (a subsidiary of the company) entered into a financial leasing agreement with Industrial Bank Financial Leasing. According to the terms and conditions specified therein, Industrial Bank Financial Leasing agrees to purchase leasing Assets from Nanguo Guoshun for a total price of 500 million yuan, and will subsequently lease the Assets back to Nanguo Guoshun.
The leasing Assets refer to various equipment and components related to the agrivoltaic solar power generation project (such as transformers and cables, etc.).