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Zhongguancun Science-Tech Leasing Engages in New Finance Lease Agreement

Story Highlights
  • Zhongguancun Science-Tech Leasing focuses on finance leasing in smart security equipment.
  • The company entered a 12-month finance lease agreement worth approximately RMB49.3 million.
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Zhongguancun Science-Tech Leasing Engages in New Finance Lease Agreement

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

Zhongguancun Science-Tech Leasing Co., Ltd. announced a finance lease agreement with a lessee involved in smart security equipment. The agreement involves acquiring leased assets for RMB48,000,000 and leasing them back for a 12-month term with a total payment of approximately RMB49,327,829. This transaction is part of a series of agreements and is classified as a discloseable transaction under Hong Kong’s Listing Rules, highlighting the company’s strategic financial maneuvers to enhance its leasing portfolio.

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 leasing industry, focusing on transactions involving smart security equipment and facilities.

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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