CHINA CHENGTONG (00217) subsidiary entered into a lease asset transfer agreement for several wind power station equipment.

CHINA CHENGTONG (00217) announced that on February 10, 2026, Chengtong Finance Lease (an indirectly wholly-owned subsidiary of the Company) entered into a lease asset transfer agreement with the lessee. According to the lease asset transfer agreement, Chengtong Finance Lease will purchase the lease assets from the lessee at a purchase price of RMB 152 million (equivalent to approximately HKD 170 million) and lease the assets back to the lessee for a period of two years, with the option to terminate early in accordance with the terms and conditions of the lease asset transfer agreement. The lease assets include various wind power equipment. The total lease payments during the lease term are estimated to be approximately RMB 158 million (equivalent to approximately HKD 177 million), which must be paid by the lessee to Chengtong Finance Lease in eight quarterly installments during the lease term. The total lease payments include the lease principal (the purchase price amount paid by Chengtong Finance Lease of RMB 152 million, equivalent to approximately HKD 170 million) and the estimated lease interest of approximately RMB 6.03 million (equivalent to approximately HKD 6.75 million). As of the date of this announcement, the Group is primarily engaged in leasing, property development and investment, marine tourism services, and hotel business. The Group's leasing business is mainly conducted through Chengtong Finance Lease (as its main business). The arrangement for the transfer of lease assets was made in the normal course of business of Chengtong Finance Lease, and it is expected that Chengtong Finance Lease will earn approximately RMB 6.03 million (equivalent to approximately HKD 6.75 million) in income from lease interest under the lease asset transfer arrangement.