December 20, 2017 / 2:59 PM / a year ago

BRIEF-Gcl New Energy Enters Ruicheng Finance Lease Agreements With Cinda Financial Leasing

Dec 20 (Reuters) - Gcl New Energy Holdings Ltd:

* CINDA FINANCIAL LEASING SHALL PURCHASE RUICHENG LEASED ASSETS FROM RUICHENG GCL AT A CONSIDERATION OF RMB450 MILLION

* ‍CINDA FINANCIAL LEASING, AS LESSOR, SHALL LEASE RUICHENG LEASED ASSETS TO RUICHENG GCL, FOR 8 YEARS AT RMB551.5 MILLION​ Source text for Eikon: Further company coverage:

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