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Zhongguancun Science-Tech Leasing Announces Discloseable Finance Lease Transactions

Story Highlights
  • Zhongguancun Science-Tech Leasing operates in the finance leasing industry, focusing on asset leasing.
  • The company announced finance lease agreements totaling RMB54 million, requiring disclosure under listing rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Zhongguancun Science-Tech Leasing Announces Discloseable Finance Lease Transactions

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

Zhongguancun Science-Tech Leasing Co., Ltd. announced a discloseable transaction involving two finance lease agreements with connected parties. The agreements, entered within a 12-month period, involve acquiring and leasing back assets worth RMB54 million in total, with the transactions being subject to notification and announcement requirements under Hong Kong’s Listing Rules due to their aggregated percentage ratio.

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

Zhongguancun Science-Tech Leasing Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the finance leasing industry. The company provides finance lease services, focusing on acquiring and leasing back assets to businesses, particularly those engaged in landfill gas power generation.

Average Trading Volume: 477,648

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.23B

See more insights into 1601 stock on TipRanks’ Stock Analysis page.

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