tiprankstipranks
Company Announcements

Zhongguancun Science-Tech Leasing Engages in Major Finance Lease Transactions

Story Highlights
Zhongguancun Science-Tech Leasing Engages in Major Finance Lease Transactions

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

Zhongguancun Science-Tech Leasing Co., Ltd. has announced its engagement in significant finance lease transactions, having entered into Finance Lease Agreements I and II with two lessees. The agreements involve the acquisition and leasing back of industrial equipment, with payments totaling RMB68,406,102 and RMB22,939,086 respectively. These transactions are classified as discloseable transactions under Hong Kong’s Listing Rules due to their financial scale, impacting the company’s operational strategy and strengthening its position in the finance leasing sector.

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 finance lease transactions involving industrial equipment, targeting enterprises in need of leasing production assets.

YTD Price Performance: -2.41%

Average Trading Volume: 444,080

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$1.08B

Find detailed analytics on 1601 stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1