Core Viewpoint - China Chengtong Development Group (00217.HK) announced a leasing agreement with China Railway, involving the purchase and leaseback of railway leasing assets for a period of two years, with an option for early termination [1] Group 1: Company Overview - China Chengtong Development Group is engaging in a significant transaction involving its wholly-owned subsidiary, Chengtong Financing Leasing [1] - The agreement is with China Railway's joint lessees, specifically China Railway Beijing Investment and China Railway Central [1] Group 2: Financial Implications - The transaction includes the purchase of railway leasing assets, which will be leased back to the joint lessees for a duration of two years [1] - The agreement allows for early termination based on the terms and conditions outlined in the contract [1]
中国诚通发展集团(00217.HK)向中铁共同承租人购买中铁租赁资产