A subsidiary of China Chengtong Development Group (00217) signed a sale-leaseback agreement

According to Zhitong Finance App News, China Chengtong Development Group (00217) issued an announcement. On October 22, 2026, Chengtong Financial Leasing (an indirect wholly-owned subsidiary of the company) and (i) Yanggao entered into a Yanggao agreement; (ii) Shuojing entered into a Wenshui agreement; (iv) Datong entered into a Datong agreement; (v) Yungang signed a Yungang agreement. According to this, Chengtong Financial Leasing will purchase leased assets from the relevant Huadian lessees and lease the leased assets back to the relevant Huadian tenants. Early termination of the terms and conditions of the leaseback agreement.

The leased assets under Yang Gao's arrangement are a total of 15 asset projects located in Shanxi Province, China, including wind turbine towers, wind turbines, power transformers and transmission cables.

The leased assets under Shuojing's arrangement are a total of 36 asset projects located in Shanxi Province, China, including photovoltaic module support structures, power transformers and transmission cables.

The leased assets under Wenshui's arrangement are a total of 13 asset projects located in Shanxi Province, China, including photovoltaic power generation equipment and photovoltaic module support structures.

The leased assets under the Datong arrangement are a total of 24 asset projects located in Shanxi Province, China, including substations and photovoltaic module support structures.

The leased assets under Yungang's arrangement are a total of 27 asset projects located in Shanxi Province, China, including photovoltaic module support structures and power transformers.