China Chengtong Development Group Announces Major Sale and Leaseback of Electric Bus and Equipment Assets
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China Chengtong Development Group Ltd. announced a major sale and leaseback of electric bus and equipment assets through its subsidiary, Chengtong Financial Leasing. The Leased Assets Transfer Agreement, dated December 29, 2025, involves the transfer of ownership of certain leased assets, contingent on conditions such as ownership documentation and asset registration in the PRC. This announcement was published via the Hong Kong Stock Exchange.
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