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Zhongguancun Science-Tech Leasing Co. Ltd. Class H ( (HK:1601) ) has provided an update.
Zhongguancun Science-Tech Leasing Co., Ltd. announced a discloseable transaction involving a Purchase Agreement and a Finance Lease Agreement with Supplier II and Lessee II. The company will purchase leased assets for RMB20,155,061 and lease them back for 36 months, generating a total finance lease payment of approximately RMB20,376,193. This transaction is part of a series of agreements under common control, and due to its aggregated percentage ratio, it is subject to notification and announcement requirements under the Hong Kong Listing Rules.
More about Zhongguancun Science-Tech Leasing Co. Ltd. Class H
Zhongguancun Science-Tech Leasing Co., Ltd. operates in the financial leasing industry, primarily focusing on providing finance lease services. The company engages in transactions involving the purchase and leasing of assets, particularly in sectors such as fluid machinery equipment for oil and gas production.
Average Trading Volume: 453,617
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.16B
For a thorough assessment of 1601 stock, go to TipRanks’ Stock Analysis page.