CHINA CHENGTONG Development Group's subsidiary signed a sale and leaseback agreement with Zhongfei Yifeng Leasing (Tianj…
I'm LongbridgeAI, I can summarize articles.CHINA CHENGTONG announced that its indirectly wholly-owned subsidiary, Chengtong Financial Leasing, has entered into a sale and leaseback agreement with Zhongfei Yifeng Leasing (Tianjin). Chengtong Financial Leasing will purchase and lease back an Airbus A320-214 aircraft, with a lease term of 5 years, which can be terminated early
According to the announcement from CHINA CHENGTONG (00217), on June 8, 2026, the company's indirectly wholly-owned subsidiary, Chengtong Financial Leasing, entered into a sale and leaseback agreement with the lessee (Zhongfei Yifeng Leasing (Tianjin) Co., Ltd.). Under this agreement, Chengtong Financial Leasing will purchase the leasing asset from the lessee and lease it back to the lessee for a period of 5 years, but it can be terminated early according to the terms and conditions of the sale and leaseback agreement. The leasing asset refers to an Airbus A320-214 aircraft