Zhongguancun Enters Significant Lease Deal

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

Zhongguancun Science-Tech Leasing Co., Ltd. has entered a finance lease agreement with an independent third-party lessee on September 26, 2024. In the deal, the company will buy the lessee’s equipment valued at about RMB 41.82 million and lease it back for 24 months, with total payments expected to be RMB 42.98 million, which includes interest income. The transaction, which is funded by the company’s working capital, is significant enough to require disclosure under the Listing Rules of the Hong Kong Stock Exchange.

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