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China Chengtong Ends Lease Deal Early for Strategic Gain
China Chengtong Development Group (00217.HK) terminates financing lease arrangement.
China Chengtong Development Group (00217.HK) announced on July 12th that on August 12th, 2021, its indirectly wholly-owned subsidiary Chengtong Financing Leasing and the lessee (Sichuan Tianfu Financial Leasing Co., Ltd.) entered into the financing leasing agreement. After fair negotiation between Chengtong Financing Leasing and the lessee, all contracting parties agreed to terminate the relevant financing leasing arrangement on July 12, 2024, in advance.
China Chengtong Development Group Leases Seaport Equipment to Shekou
China Chengtong Development Group (00217.HK) signs a sale and leaseback agreement.
On June 28th, Grong Hui announced that China Chengtong Development Group (00217.HK), through its financing leasing affiliate Chengtong Financing Leasing, has entered into a sale-leaseback agreement with the lessee on June 28th, 2024. According to the agreement, Chengtong Financing Leasing will purchase leasing assets from the lessee and lease them back to the lessee for a lease term of four (4) years, but may terminate the lease early based on the terms and conditions of the sale-leaseback agreement.
China Chengtong Declares Year-End Cash Dividend
China Chengtong Plans Annual Meeting and Share Resolutions
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