CONCORD NE (00182) entered into a series of financing lease arrangements with its subsidiary.

CONCORD NE (00182) announced on June 30, 2025 (after the trading session): 1. The company's wholly-owned subsidiary Haotai Company, the company's wholly-owned subsidiary Daoxian Company, and the financing lease arrangement A with China Resources Leasing are as follows: (a) Haotai Company, Daoxian Company, and China Resources Leasing entered into a purchase agreement A, under which China Resources Leasing will purchase equipment A from Haotai Company for renting to Daoxian Company, with a purchase price of RMB 173 million; and (b) Daoxian Company and China Resources Leasing entered into a financing lease agreement A, under which Daoxian Company will lease equipment A from China Resources Leasing during the lease term, and Daoxian Company is required to pay lease payments to China Resources Leasing on a quarterly basis. 2. The financing lease arrangement B with Jilin Company, Daoxian Company, and China Resources Leasing is as follows: (a) Jilin Company, Daoxian Company, and China Resources Leasing entered into a purchase agreement B, under which China Resources Leasing will purchase equipment and facilities B from Jilin Company for renting to Daoxian Company, with a purchase price of RMB 85 million; and (b) Daoxian Company and China Resources Leasing entered into a financing lease agreement B, under which Daoxian Company will lease equipment and facilities B from China Resources Leasing during the lease term, and Daoxian Company is required to pay lease payments to China Resources Leasing on a quarterly basis. 3. Daoxian Company and China Resources Leasing entered into a financing lease agreement C, under which China Resources Leasing will purchase supporting facilities C from Daoxian Company for RMB 242 million, and will lease back the facilities C to Daoxian Company during the lease term, with Daoxian Company required to pay lease payments on a quarterly basis. It is reported that equipment A, B, and C are several wind power generation equipment.