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Zhongguancun Science-Tech Leasing Acquires Full Equity in Target Company

Story Highlights
  • Zhongguancun Science-Tech Leasing acquires 100% equity in a target company.
  • The acquisition will consolidate the target company’s financials into Zhongguancun’s statements.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Zhongguancun Science-Tech Leasing Acquires Full Equity in Target Company

TipRanks Black Friday Sale

Zhongguancun Science-Tech Leasing Co. Ltd. Class H ( (HK:1601) ) just unveiled an announcement.

Zhongguancun Science-Tech Leasing Co., Ltd. announced its acquisition of 100% equity interest in a target company through agreements with Tianjin Zhongnuo and ZGC Co-Innovative. This strategic move will make the target company a subsidiary, consolidating its financial results into Zhongguancun’s financial statements, thereby potentially strengthening its market position and operational capabilities.

More about Zhongguancun Science-Tech Leasing Co. Ltd. Class H

Zhongguancun Science-Tech Leasing Co., Ltd. operates within the financial services industry, focusing on science and technology leasing solutions. The company is incorporated in the People’s Republic of China and is publicly traded on the Hong Kong Stock Exchange.

Average Trading Volume: 209,728

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.41B

See more data about 1601 stock on TipRanks’ Stock Analysis page.

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