CHINA CHENGTONG (00217) has entered into a lease asset transfer agreement with the transferor and lessee.

CHINA CHENGTONG(00217) announced that on December 29, 2025, Chengtong Financing Leasing (an indirect wholly-owned subsidiary of the Company) entered into a leasing asset transfer agreement with the transferor and lessee, where the transferor agreed to transfer and assign the assets to Chengtong Financing Leasing for an expected consideration of approximately 238 million RMB (equivalent to about 259 million HKD), depending on the actual transfer date. From the transfer date onwards, Chengtong Financing Leasing will have the right to directly collect all rental payments from the lessee under the lease contract, as well as other outstanding and payable amounts. The Group is mainly engaged in leasing, property development and investment, maritime tourism services, and hotel businesses. The Group's leasing business is mainly conducted through Chengtong Financing Leasing (as its main business). The transfer was made as part of Chengtong Financing Leasing's general and routine business processes. It is expected that Chengtong Financing Leasing will earn income of approximately 53.66 million RMB (equivalent to about 58.49 million HKD), which is the total of the lease asset purchase price and outstanding rent at the end of the lease term minus the consideration (assuming the actual transfer date is December 29, 2025).