CHINA CHENGTONG Development signed a lease asset transfer agreement, earning an income of 100 million RMB

AASTOCKS
2025.08.10 10:45

CHINA CHENGTONG (00217.HK) announced that it has entered into a lease asset transfer agreement with an independent third party, China Power Construction Leasing. Upon completion, the company will directly receive all lease payments and other outstanding and payable amounts under the Shaanxi sale-leaseback agreement, with an expected cost of 380 million RMB. It is anticipated to earn revenue of 108 million RMB

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