December 20, 2017 / 2:56 PM / a year ago

BRIEF-Gcl New Energy Enters Agreement With Kangfu International Leasing

Dec 20 (Reuters) - Gcl New Energy Holdings Ltd:

* KANGFU INTERNATIONAL LEASING SHALL PURCHASE BAOTOU LEASED ASSETS FROM BAOTOU ZHONGLI TENGHUI AT A CONSIDERATION OF RMB380 MILLION

* KANGFU INTERNATIONAL LEASING SHALL LEASE BAOTOU LEASED ASSETS TO BAOTOU ZHONGLI TENGHUI AT ESTIMATED RENT OF ABOUT RMB521.5 MILLION

* KANGFU INTERNATIONAL LEASING SHALL PURCHASE PUCHENG LEASED ASSETS FROM NANJING GCL NEW ENERGY AT A CONSIDERATION OF RMB92 MILLION​ Source text for Eikon: Further company coverage:

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