CHINA CHENGTONG (00217) enters into a leasing asset transfer agreement with Jinjian International Financial Leasing (Tianjin).
Chengtong Development Group (00217) announced that on October 17, 2025, Chengtong Financial Leasing (Pub...
CHINA CHENGTONG (00217) announced that on October 17, 2025, Chengtong Financial Leasing (an indirect wholly-owned subsidiary) entered into a lease asset transfer agreement with the lessee (Jinjian International Financial Leasing (Tianjin) Co., Ltd.). According to the lease asset transfer agreement, Chengtong Financial Leasing will purchase lease assets from the lessee and lease them back to the lessee for a period of 1 year, but may terminate early in accordance with the terms and conditions of the lease asset transfer agreement. Lease assets refer to pollution control equipment, elevators, construction equipment, etc.
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