China Chengtong Development Group (00217.HK) subsidiary has signed a sale and leaseback agreement with Inner Mongolia Huadian Bayannur Wind Power for after-sales.
Chi-Tong Development Group (00217.HK) announced on the Zhitong Financial APP that on December 17, 2025, Chi-Tong Financial Leasing (an indirectly wholly-owned subsidiary of the company) entered into a sale and leaseback agreement with the lessee (Inner Mongolia Huadian Bayin Wind Power Generation Co., Ltd.). According to the agreement, Chi-Tong Financial Leasing will purchase lease assets from the lessee, and then lease the assets back to the lessee for a period of 2 years. However, the lease may be terminated early according to the terms and conditions of the sale and leaseback agreement. The lease assets refer to several wind power generation equipment.
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