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Zhongguancun Science-Tech Leasing Enters Major Finance Lease Agreement

Story Highlights
  • Zhongguancun Science-Tech Leasing Co., Ltd. offers financial leasing services in China.
  • The company signed a finance lease agreement for oil and gas equipment worth RMB40,000,000.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Zhongguancun Science-Tech Leasing Enters Major Finance Lease Agreement

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. has entered into a finance lease agreement with a company engaged in oil and gas extraction. The agreement involves the acquisition and leaseback of drilling rigs and equipment valued at RMB40,000,000, with a total lease payment of approximately RMB44,319,101 over 36 months. This transaction is considered discloseable under Hong Kong’s Listing Rules, reflecting its significance to the company’s operations and market activities.

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

Zhongguancun Science-Tech Leasing Co., Ltd. operates in the finance leasing industry, providing financial leasing services primarily in China. The company focuses on leasing arrangements for various sectors, including technology and industrial equipment.

Average Trading Volume: 378,771

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.28B

See more data about 1601 stock on TipRanks’ Stock Analysis page.

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