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Zhongguancun Science-Tech Leasing Announces Discloseable Finance Lease Transaction

Story Highlights
  • Zhongguancun Science-Tech Leasing provides finance lease services in the technology sector.
  • The company announced a discloseable transaction involving finance lease agreements with a vaccine company.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Zhongguancun Science-Tech Leasing Announces Discloseable Finance Lease Transaction

Zhongguancun Science-Tech Leasing Co. Ltd. Class H ( (HK:1601) ) has shared an update.

Zhongguancun Science-Tech Leasing Co., Ltd. announced a discloseable transaction involving two finance lease agreements with an innovative vaccine company. The agreements, entered into within a 12-month period, involve the acquisition and leaseback of vaccine research and production equipment. The transactions are considered a series of aggregated transactions under the Listing Rules, with the highest applicable percentage ratio exceeding 5% but less than 25%, thus requiring notification and announcement.

More about Zhongguancun Science-Tech Leasing Co. Ltd. Class H

Zhongguancun Science-Tech Leasing Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the finance leasing industry. The company focuses on providing finance lease services, particularly in the technology sector, and engages in transactions involving research and production equipment.

YTD Price Performance: -3.61%

Average Trading Volume: 510,218

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.05B

See more insights into 1601 stock on TipRanks’ Stock Analysis page.

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