In a lease-back deal South China Tyre (Wanli) is to acquire equipment worth around RMB100 million from TST Tianjin Saixiang Technology Co., Ltd. The equipment will be bought by Guangzhou Yuexiu financing limited, who will lease it to Wanli. The contract enters into force in November 2016 and is worth a total of RMB105.2million. The nature
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