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00217

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CHINA CHENGTONG Development signed a sale-leaseback agreement, earning an income of 7.61 million RMB

CHINA CHENGTONG (00217.HK) announced that it has entered into a sale and leaseback agreement with an independent third party, Inner Mongolia Huadian Bayin Wind Power, involving several wind power generation equipment, with a purchase price of 220 million RMB. The lease term is two years, with a total lease amount estimated at approximately 228 million RMB, and expected to generate revenue of 7.61 million RMB

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