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BRIEF-Jiangsu Changjiang Electronics Technology and unit announce financial leasing for 400 mln yuan
December 9, 2016 / 8:49 AM / a year ago

BRIEF-Jiangsu Changjiang Electronics Technology and unit announce financial leasing for 400 mln yuan

Dec 9 (Reuters) - Jiangsu Changjiang Electronics Technology :

* Says the company and its Chuzhou-based wholly owned subsidiary signed a financial leasing contract with a Tianjin-based leasing company

* Says they will sell fixed assets and intangible assets to the leasing company for 400 million yuan

* They will lease back the equipments and facilities with a term of 36 months

Source text in Chinese: goo.gl/rEKI1D

Further company coverage: (Beijing Headline News)

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