
KANGDA ENV's subsidiary entered into a financing lease and related documents with Guangdong Green Finance Leasing

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KANGDA ENV announced that its wholly-owned subsidiary Weifang KANGDA Environmental Water Co., Ltd. has signed a financing lease agreement with Guangdong Green Finance Leasing Co., Ltd. The lessor agrees to acquire the ownership of the assets for RMB 50 million and lease it back to the lessee for a period of 72 months. The leased assets include sewage treatment equipment and facilities located in Weifang City, Shandong Province
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