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The latest announcement is out from Shandong Boan Biotechnology Company., Limited. Class H ( (HK:6955) ).
Shandong Boan Biotechnology Co., Ltd. has entered into a Finance Lease Agreement with Industrial Bank Financial Leasing dated January 24, 2025. This agreement involves the sale and leaseback of machinery and equipment valued at RMB31.5 million, intended to bolster the company’s working capital. The lease spans 36 months, with quarterly payments, and includes a clause for repurchasing the assets at a nominal price upon expiry. The move aims to optimize the company’s financial structure, supporting both current and future operational goals with a balanced mix of long-term and short-term financing.
More about Shandong Boan Biotechnology Company., Limited. Class H
YTD Price Performance: -6.75%
Average Trading Volume: 399,725
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$4.66B
For a thorough assessment of 6955 stock, go to TipRanks’ Stock Analysis page.