BRIEF-Concord New Energy says Jingmen Shengjingshan, Huaneng Tiancheng and Tianjin Century entered into finance lease arrangement

March 23 (Reuters) - Concord New Energy Group Ltd-

* Jingmen Shengjingshan, Huaneng Tiancheng (as lessor), and

Tianjin Century (as supplier), entered into finance lease

arrangement

* Huaneng Tiancheng agreed to lease equipment to Jingmen

Shengjingshan for a term of 12 years

* Huaneng Tiancheng agreed to purchase certain equipment

from Tianjin Century, at a total consideration of rmb277 million

* Huaneng Tiancheng agreed to lease equipment to Jingmen

Shengjingshan at lease consideration of approximately rmb370.1

million

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