CHINA CHENGTONG Development signs a sale-leaseback agreement to earn revenue of 20.21 million RMB

AASTOCKS
2025.09.14 10:34

CHINA CHENGTONG Development Group (00217.HK) announced that it has entered into a sale and leaseback agreement with an independent third party, Zhong'an United Coal Chemical, involving coal-to-olefin production equipment, with a purchase price of 350 million RMB and a lease term of three years, with a total lease amount of approximately 370 million RMB. It is expected to generate revenue of 20.21 million RMB

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