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Zhongguancun Science-Tech Leasing Announces Key Finance Leases

Zhongguancun Science-Tech Leasing Announces Key Finance Leases

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 entered into significant finance lease agreements, acquiring leased assets worth RMB30 million and RMB25 million over the past year. The company will lease these assets back for a total of RMB25.2 million and RMB21.1 million respectively, generating interest income. These transactions, now aggregated, meet the criteria for a disclosable transaction under Hong Kong’s listing rules.

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

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