China Chengtong (00217) reaches a post-sale leaseback arrangement with its subsidiary and Yili.
China Chengtong Development Group (00217) announced that on November 3, 2025, Chengtong Financing Leasing Company...
CHINA CHENGTONG (00217) announced that on November 3, 2025, Chengtong Finance Leasing (an indirectly wholly-owned subsidiary of the company) entered into a agreement with Yili. Chengtong Finance Leasing has agreed to purchase leasing assets from Yili and lease them back to Yili for a period of 2 years. The leasing assets from Yili include equipment such as cranes, screw-type air compressor units, ring burners, and electrolysis equipment.
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