Bank of China Gold Leasing (01606) signed a financial lease contract for hydropower plants

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.