China Chengtong Development Group (00217) subsidiary entered into a post-sale leaseback agreement for certain construction machinery and auxiliary equipment.

Intelligence Financial APP News, China Chengtong Development Group (00217) announced that on December 23, 2025, Chengtong Finance Leasing Co., Ltd. (Chengtong Finance Leasing, a wholly-owned subsidiary indirectly) entered into a sale and leaseback agreement with co-lessees (Hebei Tang Industrial Technology Co., Ltd., China 22nd Metallurgical Group Co., Ltd.). Under this agreement, Chengtong Finance Leasing will purchase leased assets from co-lessees and leaseback the assets to co-lessees for a period of three years, with the possibility for early termination based on the terms and conditions of the sale and leaseback agreement.