**:Finance**.
**:Finance**.
This article is from: Zhitong Financial Network.
Zhitong Financial APP News, CDB Financial Leasing (01606) issued an announcement that the company is the asset transferee and asset transferor;Lessee;Sichuan Electric Power;On December 27, 2023, the asset transferor agreed to transfer the ownership of the leased property, lease receivable claims, all security interests under the financial lease contract, as well as all relevant obligations of the asset transferor under the financial lease contract, and the Company agreed to transfer the leased property and related rights, and paid a total transfer consideration of RMB1.5 billion to the asset transferor, Sichuan Electric Power and Sichuan New Power Materials.
The total amount of the transfer consideration is RMB1.5 billion, which will be paid on the date of the transfer, of which the Company, as the transferee of the assets, will pay RMB7 to the transferor500 million yuan;and a total payment of RMB7 to Sichuan Electric Power and Sichuan Institute New Power Materials500 million yuan;Lease receivable is the rent including VAT under the financial lease contract, which is calculated and paid in RMB, and consists of the lease principal and lease interest. Among them, the lease principal is the same as the amount of the transfer consideration, totaling RMB1.5 billionThe total amount of lease interest during the lease term is approximately RMB71.5 billion yuan. The lease principal and lease interest are paid by the lessee to the Company in quarterly installments during the lease term.
The subject matter of the transfer is the ownership of the leased thing, the lease receivable claims, all security interests under the financial lease contract, and all the relevant obligations that the asset transferor needs to assume under the financial lease contract. The leased property is 361. located in Hebei Province, China, under the North District of the Wei County Project78 MW photovoltaic power generation equipment. The North Area of the Weixian Project is a photovoltaic power generation project under construction in Hebei Province, China, which is contracted by Sichuan Electric Power and Sichuan Institute of New Power Materials. The appraised value of the subject matter of the transfer is approximately RMB1.5 billion. The transferor of the assets does not separately calculate the pre-tax and after-tax profits of the subject matter of the transfer.
The asset transferor is PowerChina Leasing, a state-owned enterprise located in Beijing, China, which is mainly engaged in financial leasing and other businessesThe lessee is Hebei Yanxiao New Energy Technology Co., Ltd., which is mainly engaged in the development of photovoltaic power generation projects and other businesses, and its actual controllers are Luo Yu and Qu Peng.
Hebei Yangye New Energy Technology Co., Ltd. undertakes joint and several liability guarantee guarantee for the lessee's payment liability under the financial lease contract.
According to the announcement, the asset transfer agreement is entered into by the company in the ordinary and ordinary course of business. The conclusion of the asset transfer agreement is conducive to increasing the company's financial leasing business income and is in line with the company's business development strategy.