CHINA CHENGTONG (00217) subsidiary enters into sale and leaseback arrangements with Xinte and Ongniud Banner

CHINA CHENGTONG (00217) announces that on October 21, 2026, Chengtong Financial Leasing (an indirectly wholly-owned subsidiary of the Company): (i) entered into the Xinte Agreement with Xinte, pursuant to which Chengtong Financial Leasing agreed to purchase the Xinte Leased Assets from Xinte and lease the Xinte Leased Assets back to Xinte, with a lease term of 2 years commencing from the date on which Chengtong Financial Leasing pays the purchase price of the Xinte Leased Assets, subject to early termination in accordance with the terms and conditions of the Xinte Agreement; (ii) entered into the Ongniud Banner Agreement with Ongniud Banner, pursuant to which Chengtong Financial Leasing agreed to purchase the Ongniud Banner Leased Assets from Ongniud Banner and lease the Ongniud Banner Leased Assets back to Ongniud Banner, with a lease term of 2 years commencing from the date on which Chengtong Financial Leasing pays the purchase price of the Ongniud Banner Leased Assets, subject to early termination in accordance with the terms and conditions of the Ongniud Banner Agreement. The Xinte Leased Assets refer to photovoltaic module mounting structures and transmission cables located in Xinjiang, China. The Ongniud Banner Leased Assets refer to wind turbine towers and wind turbine generator sets located in the Inner Mongolia Autonomous Region, China.