October 19, 2016 / 2:56 PM / in a year

BRIEF-Gcl New Energy Holdings says Gne Group enters Baoying finance lease agreements

Oct 19 (Reuters) - Gcl New Energy Holdings Ltd

* Gne Group entered into baoying finance lease agreements in relation to financing of baoying photovoltaic power generation equipment

* Gne Group entered into gaoyou finance lease agreements in relation to financing of gaoyou photovoltaic power generation equipment

* Baoying photovoltaic power generation equipment shall be sold by Nanjing Gcl New Energy to China Financial for rmb36.9 million

* Gaoyou photovoltaic power generation equipment shall be sold by Nanjing Gcl New Energy to China Financial for rmb61.3 million

* Purchaser and lessor being China Financial, lessee being gaoyou gcl Source text for Eikon: Further company coverage:

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