Core Insights - Jiangshan Holdings (00295) announced a financing lease agreement with Zhejiang Yin Leasing, where Zhejiang Yin Leasing will purchase leasing assets for a total consideration of RMB 52 million [1] - The leasing assets, which include photovoltaic power generation equipment and supporting facilities, will be leased back to Jiangshan's indirect wholly-owned subsidiary, Lingbi Yongji, for a term of 10 years [1] - Ownership of the leasing assets will remain with Zhejiang Yin Leasing during the lease term, and will transfer to Lingbi Yongji upon payment of all amounts due under the financing lease agreement and a symbolic payment of RMB 100 at the end of the lease term or upon early termination [1] Company Summary - Jiangshan Holdings is engaging in a financing lease to enhance its renewable energy capabilities through the acquisition of a 20 MW photovoltaic power plant located in Suzhou, Anhui Province, China [1] - The financing lease structure allows Jiangshan Holdings to utilize the assets while deferring ownership until the end of the lease term, which may provide financial flexibility [1]
江山控股(00295)附属就若干光伏发电设备及配套设施订立融资租赁协议