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Zhongguancun Science-Tech Leasing Co. Ltd. Enters Finance Lease Agreement for Hazardous Waste Equipment

Story Highlights
  • Zhongguancun Science-Tech Leasing Co., Ltd. provides finance leasing services in China.
  • The company entered a finance lease for hazardous waste equipment, totaling RMB29,742,150.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Zhongguancun Science-Tech Leasing Co. Ltd. Enters Finance Lease Agreement for Hazardous Waste Equipment

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

Zhongguancun Science-Tech Leasing Co., Ltd. has entered into a finance lease agreement with a company engaged in the treatment of hazardous waste. The agreement involves acquiring and leasing back hazardous waste disposal equipment for RMB25,000,000, with a total lease payment of approximately RMB29,742,150 over 60 months. This transaction is classified as a discloseable transaction under Hong Kong’s Listing Rules due to its size, and it reflects the company’s strategic focus on supporting environmentally sustainable industries.

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, primarily engaged in providing finance leasing services. The company operates in the financial services industry, focusing on leasing transactions that support various sectors, including environmentally friendly waste management.

Average Trading Volume: 424,944

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.19B

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

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