CHINA CHENGTONG's sale-leaseback arrangement generates interest of RMB 12.07 million over two years

AASTOCKS
2025.11.19 14:47

CHINA CHENGTONG Development Group (00217.HK) announced that it has entered into a sale and leaseback agreement with an independent third party, Dulan Daxueshan Wind Power, involving several wind power generation equipment and other assets, with a purchase price of 230 million RMB, a lease term of two years, and a total lease amount of approximately 242 million RMB. It is expected to earn revenue of 12.07 million RMB, which is the lease interest from the sale and leaseback arrangement

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