China Chengtong Wins Extra Time to Dispatch Circular on Major Leaseback Deals
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China Chengtong Development Group Limited has announced a delay in sending a circular to shareholders regarding two major sale-and-leaseback transactions with Huadian Datong New Energy Co., Ltd. and Inner Mongolia Huadian Bayin Wind Power Generation Co., Ltd. The Stock Exchange has granted a waiver allowing the circular to be dispatched by May 22, 2026, indicating that while documentation is taking longer, regulatory compliance is maintained. The company focuses on structured transactions to optimize capital deployment in energy and infrastructure sectors.
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