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Bank of China Gold Leasing (01606) signed a financial lease contract for hydropower plants
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According to the Zhitong Finance App, Bank of China Gold Rental (01606) announced that the company, as the lessor, and Guangxi Chongzuo Huiyuan Hydropower Co., Ltd. signed a financial lease contract on September 28, 2026 (after the transaction period). The lessor purchased the leased property from the tenant at a cost of RMB 1.03 billion, and the lessor agreed to rent the leased property to the tenant for a period of 300 months. The leased property is a hydropower station located in the Guangxi Zhuang Autonomous Region of China.

A financial lease contract is concluded by the company in the general and daily course of business. The conclusion of a financial leasing contract is beneficial to increasing the company's financial leasing business revenue and is in line with the company's business development strategy.

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