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China Chengtong Development (00217.HK) Enters Sale-and-Leaseback Agreement, To Earn RMB4.58 million Interest Over Two Years
China Chengtong Development Group (00217.HK) announced that it has entered into a sale-and-leaseback agreement with an independent third party, Huadian Datong New Energy, involving...
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China Chengtong Development (00217.HK) Enters Sale-and-Leaseback Agreement, To Earn RMB4.58 million Interest Over Two Years
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China Chengtong Development Group (00217.HK)  -0.003 (-2.439%)   announced that it has entered into a sale-and-leaseback agreement with an independent third party, Huadian Datong New Energy, involving photovoltaic power generation equipment and box-type substations. The purchase price is RMB120 million, with a lease term of two years and an estimated total lease payment of approximately RMB125 million. The company expects to generate income of RMB4.58 million. (de/d)(HK stocks quote is delayed for at least 15 mins.)

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