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An update from Zhongguancun Science-Tech Leasing Co. Ltd. Class H ( (HK:1601) ) is now available.
Zhongguancun Science-Tech Leasing Co., Ltd. has announced a discloseable transaction involving a finance lease agreement with a lessee engaged in the environmental protection business. Under the agreement, the company will acquire dismantling systems for waste lead-acid batteries from the lessee for RMB49,000,000 and lease them back for 36 months, with a total lease payment of approximately RMB52,861,928. This transaction is part of a series of agreements that require disclosure under Hong Kong’s Listing Rules, indicating a strategic move to enhance the company’s asset portfolio and financial performance.
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, which involve acquiring assets and leasing them back to clients, primarily targeting businesses in various sectors.
Average Trading Volume: 420,976
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.19B
For detailed information about 1601 stock, go to TipRanks’ Stock Analysis page.