China Chengtong Development Group Announces New Sale and Leaseback Deal
China Chengtong Development Group's subsidiary, Chengtong Financial Leasing, has signed a sale and leaseback deal with China Baowu Steel Group on November 3, 2025. This agreement follows similar transactions with other companies, including Baosteel Desheng and Sinosteel Xingtai. Details of previous transactions were shared in earlier announcements. The news is generated by AI and is for informational purposes only, not financial advice.
China Chengtong Development Group’s indirect wholly-owned subsidiary, Chengtong Financial Leasing, has entered into a sale and leaseback arrangement with China Baowu Steel Group. This follows a series of similar transactions with other entities, including Baosteel Desheng Stainless Steel Co., Ltd., Sinosteel Xingtai Machinery & Mill Roll Co., Ltd., and Chongqing Yufei Infrastructure Construction Co., Ltd. The most recent agreement was signed on 3 November 2025. Further details of previous related transactions were provided in the company’s earlier announcements and circulars. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Chengtong Development Group Ltd. published the original content used to generate this news brief on November 03, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
