Core Viewpoint - China Chengtong Development Group (00217) has announced a sale and leaseback agreement with Zhuji City Transportation Logistics Co., Ltd., involving the purchase and leasing of assets valued at approximately RMB 347 million (around HKD 379 million) [1] Group 1 - The leaseback agreement will allow Chengtong Financing Leasing Co., Ltd. to purchase leasing assets and lease them back to the lessee for a period of 3 years, with an option for early termination [1] - The total estimated lease payments over the lease term are approximately RMB 319 million (around HKD 348 million), to be paid in 12 quarterly installments [1] - The estimated lease interest is around RMB 19.08 million (approximately HKD 20.8 million) [1] Group 2 - The leasing assets include smart customs clearance facilities and customs inspection and quarantine equipment [1]