China Chengtong Development Group (00217.HK) has entered into a sale and leaseback agreement for several thermal power generation equipment as a subsidiary.

Wisdom Financial News APP, China Chengtong Development Group (00217.HK) announced that on December 22, 2025, Chengtong Financing Leasing (an indirectly wholly-owned subsidiary of the company) entered into a sale and leaseback agreement with the lessee Datang Huayin Youxian County Energy Co., Ltd. According to the agreement, Chengtong Financing Leasing will purchase the leased assets from the lessee and then lease them back to the lessee for a period of 2 years, but may terminate the lease early based on the terms and conditions of the sale and leaseback agreement.