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Zhongguancun Science-Tech Leasing Co. Ltd. Class H ( (HK:1601) ) has provided an announcement.
Zhongguancun Science-Tech Leasing Co., Ltd. has agreed to purchase 30 battery-swappable unmanned wide body mining trucks from an independent Chinese manufacturer for RMB73.5 million, funded by internal resources and/or bank loans, to support its operating lease business in high-tech industrial equipment. The deal, together with two recent finance lease agreements with a related lessee involving mining trucks worth a combined RMB49 million in transfer consideration, is treated as a series of connected transactions under Hong Kong listing rules and qualifies as a disclosable transaction, underscoring the company’s push to deepen its presence in unmanned, battery-swappable mining equipment leasing and potentially enhance recurring lease income from the mining sector.
More about Zhongguancun Science-Tech Leasing Co. Ltd. Class H
Zhongguancun Science-Tech Leasing Co., Ltd. is a PRC-incorporated financial leasing company that provides equipment leasing and related financing solutions, focusing on industrial and high-tech assets such as specialised vehicles and machinery used in sectors including mining and infrastructure.
Average Trading Volume: 118,437
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.39B
See more insights into 1601 stock on TipRanks’ Stock Analysis page.