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Zhongguancun Science-Tech’s Strategic Finance Lease Deals
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Zhongguancun Science-Tech’s Strategic Finance Lease Deals

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

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Zhongguancun Science-Tech Leasing Co., Ltd., a joint stock company in China, recently announced two significant finance lease agreements. In these agreements, the company will acquire leased assets valued at RMB64 million and lease them back to the respective lessees for a total payment of over RMB69 million, generating interest income in the process. These transactions are classified as discloseable under the Hong Kong Stock Exchange rules, reflecting the company’s strategic moves in the finance leasing market.

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