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Zhongguancun Announces Multi-Million RMB Lease Deals
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Zhongguancun Announces Multi-Million RMB 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. has announced a series of finance lease transactions and purchase agreements for various leased assets with a total consideration worth millions of RMB. These transactions are part of a disclosable event according to the Listing Rules, due to the aggregation of transactions within a 12-month period exceeding the 5% threshold. The deals involve leasing assets back to the lessee for 36-month terms, indicating a strategic movement of assets and potential growth in the company’s leasing portfolio.

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

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