China Chengtong Development Group Announces Sale and Leaseback Agreement

Reuters
2025.12.22 12:20
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China Chengtong Development Group Ltd.'s subsidiary, Chengtong Financial Leasing, has entered a sale and leaseback agreement with a lessee. The agreement involves purchasing assets from the lessee and leasing them back for two years, with early termination options. This transaction is classified as a discloseable transaction under Hong Kong Stock Exchange rules.