CITIC Gold Lease (01606.HK) entered into a financing lease contract with Ningxia Baofeng Photovoltaic Power Generation.

Zhtng Cijng APP news, CCB Financial Leasing (01606.HK) announced that the company, as the lessor, entered into a financial leasing contract with the lessee (Ningxia Baofeng Photovoltaic Power Co., Ltd.) on August 25, 2025. Under this agreement, the lessor agrees to purchase the leased asset from the lessee for a total of 1.6 billion yuan, and the lessor also agrees to lease the asset to the lessee for a period of 120 months.