Core Viewpoint - China Chengtong Development Group has entered into an agreement with Yili to purchase and lease back certain leasing assets, which is expected to generate approximately RMB 7.39 million in revenue for the company [1] Group 1: Agreement Details - The agreement involves Chengtong Financing Leasing, a wholly-owned subsidiary, purchasing leasing assets from Yili, including cranes, screw air compressor units, annular burners, and electrolytic equipment [1] - The leaseback period for the assets is set for two years [1] Group 2: Business Operations - The company primarily engages in leasing, property development and investment, offshore tourism services, and hotel operations [1] - The leasing business is mainly conducted through Chengtong Financing Leasing, which is the company's core business [1] Group 3: Financial Implications - The expected revenue from the Yili arrangement is approximately RMB 7.39 million, which includes service fees and leasing interest [1] - The board of directors believes that the terms of the Yili arrangement are fair and reasonable, aligning with the overall interests of the company and its shareholders [1]

Group 1 - The core point of the article is that China Chengtong Development Group has announced a leasing asset transfer agreement, which involves its indirect wholly-owned subsidiary, Chengtong Financial Leasing, purchasing leasing assets and leasing them back to the joint lessees [1] - The leasing business is primarily conducted through Chengtong Financial Leasing, which is the main business of the group [1] - The leasing asset transfer arrangement is part of the normal business operations of Chengtong Financial Leasing, and it is expected to generate approximately RMB 3.48 million in income from the total leasing interest of the asset transfer arrangement [1]