China Chengtong Development Group (00217.HK) Subsidiary Enters into Sale and Leaseback Agreement with Yangquan Huaxin Liquefied Natural Gas
Zhitong Finance APP news, China Chengtong Development Group (00217.HK) announced that on October 26, 2026, Chengtong Financial Leasing (an indirectly wholly-owned subsidiary of the Company) entered into a sale and leaseback agreement with the lessee (Yangquan Huaxin Liquefied Natural Gas Co., Ltd.), pursuant to which Chengtong Financial Leasing will purchase the leased assets from the lessee and lease the leased assets back to the lessee for a lease term of 3 years, subject to early termination in accordance with the terms and conditions of the sale and leaseback agreement. The leased assets refer to LNG filling, purification, compression, cold box and storage equipment, etc.
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