Zhitong Finance App News, China Chengtong Development Group (00217.HK) issued an announcement. On December 17, 2025, Chengtong Financial Leasing (an indirect wholly-owned subsidiary of the company) and the lessee (Hubei Kangxin New Material Technology Co., Ltd.) entered into a sale-leaseback agreement. According to this, Chengtong Financial Leasing will purchase leased assets from the lessee and lease back to the lessee for a period of 3 years, but it can be terminated early in accordance with the terms and conditions of the sale-leaseback agreement. Leased assets refer to production machinery and equipment.

Zhitong Finance App News, China Chengtong Development Group (00217.HK) issued an announcement. On December 17, 2025, Chengtong Financial Leasing (an indirect wholly-owned subsidiary of the company) and the lessee (Hubei Kangxin New Material Technology Co., Ltd.) entered into a sale-leaseback agreement. According to this, Chengtong Financial Leasing will purchase leased assets from the lessee and lease back to the lessee for a period of 3 years, but it can be terminated early in accordance with the terms and conditions of the sale-leaseback agreement. Leased assets refer to production machinery and equipment.