CHINA CHENGTONG (00217) subsidiary enters into a sale and leaseback agreement for certain thermal power generation equipment

China Chengtong (00217) announced that on December 22, 2025, Chengtong Financing Leasing (an indirect wholly-owned subsidiary of the company) entered into a sale and leaseback agreement with the lessee Datang Huayin Youxian Energy Co., Ltd. As per the agreement, Chengtong Financing Leasing will purchase lease assets from the lessee and then lease back the assets to the lessee for a period of 2 years, with the option to terminate early according to the terms and conditions of the agreement. It is reported that the lease assets consist of several thermal power generation equipment. The sale and leaseback arrangement is part of the general and routine business operations of Chengtong Financing Leasing, with an expected income of approximately RMB 3.82 million (equivalent to about HKD 4.16 million) to be earned by Chengtong Financing Leasing through service fees and lease interests payable according to the sale and leaseback arrangement.