tiprankstipranks
Zhongguancun Science-Tech Leasing’s New Finance Lease Deal
Company Announcements

Zhongguancun Science-Tech Leasing’s New Finance Lease Deal

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

Don't Miss Our Christmas Offers:

Zhongguancun Science-Tech Leasing Co., Ltd. has announced a finance lease agreement, acquiring leased assets from a lessee for RMB46 million and leasing them back for 36 months, with total payments amounting to RMB50.15 million. The transaction, which includes a finance lease interest income of RMB4.15 million, is classified as a discloseable transaction under Hong Kong’s listing rules. This strategic move is funded by the company’s internal resources and reflects its active role in the financial leasing sector.

For further insights into HK:1601 stock, check out TipRanks’ Stock Analysis page.

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