CHINA CHENGTONG (00217) Subsidiary Enters into Sale and Leaseback Agreement with Shaanxi Dingbian Solar Power Generation

date
19:54 17/09/2026
avatar
GMT Eight
China Chengtong Development Group (00217) announced that on September 17, 2026, Chengtong Financial Leasing (an indirectly wholly-owned subsidiary of the Company) entered into a sale and leaseback agreement with the lessee (Shaanxi Dingbian Solar Power Generation Co., Ltd.), pursuant to which Chengtong Financial Leasing will purchase the leased assets from the lessee and lease the leased assets back to the lessee for a lease term of 2 years, subject to early termination in accordance with the terms and conditions of the sale and leaseback agreement. The leased assets refer to certain polysilicon photovoltaic modules, module array brackets and accessories, inverters, transformers, and cast-in-place piles, among others.
CHINA CHENGTONG (00217) announced that on September 17, 2026, Chengtong Financial Leasing (an indirectly wholly-owned subsidiary of the Company) entered into a sale and leaseback agreement with the lessee (Shaanxi Dingbian Solar Power Generation Co., Ltd.), pursuant to which Chengtong Financial Leasing will purchase the leased assets from the lessee and lease the leased assets back to the lessee for a lease term of 2 years, subject to early termination in accordance with the terms and conditions of the sale and leaseback agreement. The leased assets refer to certain polysilicon photovoltaic modules, module array supports and accessories, inverters, transformers, and cast-in-place piles, among others.