Zhongguancun Science-Tech Leasing Co. Ltd. Class H ( (HK:1601) ) just unveiled an update.
Zhongguancun Science-Tech Leasing Co., Ltd. has entered into a finance lease agreement as a lessor with a lessee who operates in the environmental protection sector. The agreement involves the acquisition of dismantling systems for waste lead-acid batteries, valued at RMB49,000,000, which will be leased back to the lessee over 36 months. This transaction, being a discloseable transaction due to its size, requires compliance with the Hong Kong Stock Exchange’s notification and announcement rules. The agreement is structured with joint and several liability guarantees from two of the lessee’s beneficial owners, highlighting the financial commitments involved.
More about Zhongguancun Science-Tech Leasing Co. Ltd. Class H
YTD Price Performance: -2.41%
Average Trading Volume: 409,160
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$1.08B
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