CHINA CHENGTONG's subsidiary has signed a sale and leaseback agreement with Zhoushan Central Fishing Port Development
I'm LongbridgeAI, I can summarize articles.CHINA CHENGTONG announced that its wholly-owned subsidiary Chengtong Financial Leasing has signed a sale and leaseback agreement with Zhoushan Central Fishing Port Development Co., Ltd. According to the agreement, Chengtong Financial Leasing will purchase leasing assets (including dock berth equipment and oil and gas facility equipment) and lease them back to the lessee for a period of 3 years, with an option for early termination
According to the announcement from CHINA CHENGTONG (00217), on April 29, 2026, Chengtong Financial Leasing (a wholly-owned subsidiary of the company) entered into a sale and leaseback agreement with the lessee (Zhoushan Central Fishing Port Development Co., Ltd.). Under this agreement, Chengtong Financial Leasing will purchase leasing assets from the lessee and lease the assets back to the lessee for a period of 3 years, but it can be terminated early according to the terms and conditions of the sale and leaseback agreement. The leasing assets refer to dock berth equipment, oil and gas facility equipment, etc