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Zhongguancun Science-Tech Leasing Announces New Finance Lease Agreement

Story Highlights
  • Zhongguancun Science-Tech Leasing focuses on finance leasing services in China.
  • The company entered a RMB26.76 million finance lease deal with a semiconductor testing firm.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Zhongguancun Science-Tech Leasing Announces New Finance Lease Agreement

Elevate Your Investing Strategy:

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

Zhongguancun Science-Tech Leasing Co., Ltd. announced a new finance lease agreement, under which it will acquire and lease back testing machines and equipment to a semiconductor product testing services company for RMB25,000,000. The transaction, valued at RMB26,758,259 including interest, is categorized as a discloseable transaction under Hong Kong’s listing rules, reflecting the company’s strategic move to enhance its leasing portfolio and financial performance.

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, focusing on finance leasing services. The company operates in the leasing industry, providing financial solutions through leasing agreements, primarily targeting businesses in need of capital for acquiring equipment and other assets.

Average Trading Volume: 546,448

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.07B

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

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