CHINA CHENGTONG signed a sale-leaseback agreement, earning an income of 22.87 million RMB
CHINA CHENGTONG (00217.HK) announced that it has entered into a sale and leaseback agreement with an independent third party for the construction of the Hangzhou-Shaoxing Intercity Rail Transit, involving several electric passenger train sets, electromechanical equipment, distribution equipment, and communication equipment, with an expected cost of RMB 245 million and a lease term of 42 months. It is expected to generate revenue of RMB 22.87 million
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