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Concord Healthcare Bolsters Liquidity with New Finance Lease

Concord Healthcare Group Co., Ltd. Class H (HK:2453) has released an update.

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Concord Healthcare Group Co., Ltd. has strategically entered a finance lease agreement with Zhongguancun Science-Tech Leasing Co., Ltd. to boost its operational funds through the sale and leaseback of medical equipment worth up to RMB200 million. This move is expected to enhance the company’s liquidity and optimize its capital structure, with guarantees provided by major shareholders Medstar (Shanghai) Enterprise Management Co. and Dr. Yang Jianyu. Investors are advised to stay informed on further developments.

For further insights into HK:2453 stock, check out TipRanks’ Stock Analysis page.

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