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Zhongguancun Science-Tech Leasing Engages in Significant Finance Lease Transaction

Story Highlights
  • Zhongguancun Science-Tech Leasing enters a finance lease deal worth RMB58,000,000.
  • The transaction is discloseable under Hong Kong’s Listing Rules, impacting market positioning.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Zhongguancun Science-Tech Leasing Engages in Significant Finance Lease Transaction

Elevate Your Investing Strategy:

The latest update is out from Zhongguancun Science-Tech Leasing Co. Ltd. Class H ( (HK:1601) ).

Zhongguancun Science-Tech Leasing Co., Ltd. announced a finance lease agreement with a thermal power company, where it will acquire leased assets for RMB58,000,000 and lease them back for 12 months with a total payment of RMB59,791,623. This transaction, classified as discloseable under Hong Kong’s Listing Rules, highlights the company’s strategic operations in the finance leasing sector, potentially impacting its market positioning and stakeholder interests.

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, operating in the finance leasing industry. The company primarily engages in finance lease transactions, providing leasing services for various assets, with a focus on the Chinese market.

Average Trading Volume: 386,620

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$1.15B

For detailed information about 1601 stock, go to TipRanks’ Stock Analysis page.

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