CHINA CHENGTONG (00217): Chengtong Financial Leasing Enters Sale and Leaseback Agreement with Huadian Datong New Energy

Stock News
Jan 13

On January 13, 2026, Chengtong Financial Leasing, an indirect wholly-owned subsidiary of the company, entered into a sale and leaseback agreement with the lessee, Huadian Datong New Energy Co., Ltd. Pursuant to this agreement, Chengtong Financial Leasing will acquire the leased assets from the lessee and subsequently lease them back for a term of one year, which may be terminated early according to the stipulated terms and conditions. The leased assets consist of various photovoltaic power generation equipment. This sale and leaseback arrangement was established as part of Chengtong Financial Leasing's ordinary and daily business operations. It is anticipated that Chengtong Financial Leasing will generate income of approximately RMB 610,000, representing the lease interest from the transfer arrangement of the leased assets.

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