According to Zhitong Finance App News, China Chengtong Development Group (00217.HK) issued an announcement. On November 13, 2026, Chengtong Financial Leasing (an indirect wholly-owned subsidiary of the Company) signed a sale-leaseback agreement with the lessee. According to this, Chengtong Financial Leasing will purchase leased assets from the lessee and lease back the leased assets to the lessee for a period of five (5) years, but can be terminated early in accordance with the terms and conditions of the sale-leaseback agreement.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.