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BRIEF-Lifan Industry Group unit signs financial leasing contract
August 23, 2017 / 2:59 AM / a month ago

BRIEF-Lifan Industry Group unit signs financial leasing contract

Aug 23 (Reuters) - Lifan Industry Group Co Ltd :

* Says its unit signed a financial leasing contract with a Chongqing-based new energy vehicle leasing company

* Its unit will sell vehicle equipment to the leasing company to finance up to 5 million yuan

* Its unit will lease back the equipment with a term of three years

Source text in Chinese: goo.gl/WzqDsG

Further company coverage: (Beijing Headline News)

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