SDHS NEW ENERGY's subsidiary has signed a financing lease agreement with Bank of China Financial Leasing for the photovoltaic system and supporting facilities of the 145 MW centralized photovoltaic power station in Haixing County
SDHS NEW ENERGY signed a financing lease agreement with Bank of China Financial Leasing, involving a 145 MW photovoltaic power station located in Haixing County, Hebei Province. The total price of the leased assets is 385 million yuan, with a lease term of 13 years. The agreement will provide long-term financial resources for Beijing Enterprises Clean Energy (Haixing), reduce financing costs, optimize asset structure, and improve operational efficiency. The board of directors believes that the terms of the agreement are fair and reasonable, in line with the interests of the company and its shareholders
According to the announcement from SDHS NEW ENERGY (01250), on September 9, 2025, Beijing Enterprises Clean Energy (HaiXing) (as the lessee) entered into a financing lease agreement with Bank of China Financial Leasing (as the lessor). Under this agreement, Bank of China Financial Leasing will purchase leasing assets for Beijing Enterprises Clean Energy (HaiXing) at a total price of RMB 385 million, and the leasing assets will subsequently be leased to Beijing Enterprises Clean Energy (HaiXing) for a term of 13 years. The ownership of the leasing assets under the financing lease agreement will belong to Bank of China Financial Leasing during the lease term. At the end of the lease term, after Beijing Enterprises Clean Energy (HaiXing) pays (i) all amounts payable under the financing lease agreement; and (ii) a symbolic price of RMB 100 for the leasing assets, the ownership of the leasing assets will revert to Beijing Enterprises Clean Energy (HaiXing).
The leasing assets consist of a photovoltaic system and supporting facilities of a 145 MW centralized photovoltaic power station located in Haixing County, Cangzhou City, Hebei Province, China, owned by Beijing Enterprises Clean Energy (HaiXing).
The financing lease agreement and the transactions to be conducted thereunder were negotiated by the relevant parties on general commercial terms and in accordance with fair principles. It provides the group with long-term financial resources to repay high-interest loans and offers additional liquidity. It is expected that the financing lease arrangement under the financing lease agreement can reduce the overall financing costs of the group and optimize the group's asset structure, thereby enhancing the overall operational efficiency of the group. Therefore, the board believes that the terms of the financing lease agreement and the transactions to be conducted thereunder are fair and reasonable and in the overall interests of the company and its shareholders
