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BRIEF-Gcl New Energy updates on transaction with Hengjia (Shanghai) Financial Leasing Co Ltd
July 21, 2017 / 2:32 PM / 4 months ago

BRIEF-Gcl New Energy updates on transaction with Hengjia (Shanghai) Financial Leasing Co Ltd

July 21 (Reuters) - Gcl New Energy Holdings Ltd:

* GNE group and Hengjia Financial leasing entered into (i) Shenmu Pingyuan Finance lease agreements

* Deal for aggregate consideration of approximately RMB825 million

* Following acquisition, Hengjia Financial Leasing shall lease each of lessees leased assets back to lessees at estimated rent of about RMB1.15 billion Source text for Eikon: Further company coverage:

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