Core Viewpoint - China Chengtong Development Group (00217) announced a sale and leaseback agreement involving its wholly-owned subsidiary, Chengtong Financial Leasing, which will purchase leasing assets from Wenzhou Zhiche Future Commercial Operation Management Co., Ltd. and lease them back for a period of three years, with an option for early termination [1] Group 1 - The leasing assets include hydrological monitoring, water treatment, X-ray photoelectron spectroscopy, and activated carbon filters [1] - The sale and leaseback arrangement is part of Chengtong Financial Leasing's general and routine business of providing financing solutions to clients, aligning with the group's main leasing business [1] - Chengtong Financial Leasing is expected to generate revenue of approximately RMB 25.2 million (equivalent to about HKD 27.54 million) from service fees and leasing interest under the sale and leaseback arrangement [1]
中国诚通发展集团附属就水文监测、水处理等设施及设备订立售后回租协议