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Zhongguancun Science-Tech Leasing Discloses Valuation of Unmanned Mining Truck Purchase

Story Highlights
  • The company detailed that the unmanned mining trucks have an estimated total value of RMB73.5 million.
  • Valuation was based on market comparables, historical prices, manufacturing costs and after-sales services.
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Zhongguancun Science-Tech Leasing Discloses Valuation of Unmanned Mining Truck Purchase

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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 provided supplemental details on its previously announced purchase of battery-swappable unmanned wide body mining trucks for its operating lease business, clarifying that the aggregate estimated fair value of the target assets is RMB73.5 million, or about RMB2.45 million per unit. The company said the valuation was derived from market prices for comparable equipment, historical transaction prices for similar models sold by the supplier, manufacturing costs, and the scope of after-sales services such as repair and maintenance, offering investors greater transparency on pricing and risk assessment for this new leasing portfolio.

The most recent analyst rating on (HK:1601) stock is a Hold with a HK$0.92 price target. To see the full list of analyst forecasts on Zhongguancun Science-Tech Leasing Co. Ltd. Class H stock, see the HK:1601 Stock Forecast page.

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

Zhongguancun Science-Tech Leasing Co., Ltd. is a PRC-incorporated financial leasing company listed in Hong Kong, focusing on leasing solutions for advanced industrial and technology-related equipment, including assets used in sectors such as intelligent mining and new-energy applications.

Average Trading Volume: 113,236

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.39B

Find detailed analytics on 1601 stock on TipRanks’ Stock Analysis page.

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