CHINA CHENGTONG (00217) subsidiary enters into a sale and leaseback agreement

CHINA CHENGTONG (00217) announces that on October 22, 2026, Chengtong Financial Leasing (an indirectly wholly-owned subsidiary of the Company) entered into (i) the Yanggao Agreement with Yanggao; (ii) the Shuojing Agreement with Shuojing; (iii) the Wenshui Agreement with Wenshui; (iv) the Datong Agreement with Datong; and (v) the Yungang Agreement with Yungang, pursuant to which Chengtong Financial Leasing will purchase the leased assets from the relevant Huadian lessees and lease the leased assets back to the relevant Huadian lessees, subject to early termination in accordance with the terms and conditions of the Huadian sale and leaseback agreements. The leased assets under the Yanggao Arrangement comprise a total of 15 asset items located in Shanxi Province, China, including wind turbine towers, wind turbines, power transformers and transmission cables. The leased assets under the Shuojing Arrangement comprise a total of 36 asset items located in Shanxi Province, China, including photovoltaic module support structures, power transformers and transmission cables. The leased assets under the Wenshui Arrangement comprise a total of 13 asset items located in Shanxi Province, China, including photovoltaic power generation equipment and photovoltaic module support structures. The leased assets under the Datong Arrangement comprise a total of 24 asset items located in Shanxi Province, China, including substations and photovoltaic module support structures. The leased assets under the Yungang Arrangement comprise a total of 27 asset items located in Shanxi Province, China, including photovoltaic module support structures and power transformers.