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Zhongguancun Science-Tech Leasing Enters New Finance Lease Agreement

Story Highlights
  • Zhongguancun Science-Tech Leasing acquires and leases back semiconductor equipment.
  • The transaction is discloseable under Hong Kong’s Listing Rules, enhancing the company’s portfolio.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Zhongguancun Science-Tech Leasing Enters New Finance Lease Agreement

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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 where it will acquire semiconductor equipment from a lessee for RMB20,000,000 and lease it back for 36 months, generating a total payment of approximately RMB21,665,268. This transaction, aggregated with previous agreements, is considered discloseable under Hong Kong’s Listing Rules, indicating a 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. operates in the finance leasing industry, focusing on providing leasing solutions for various sectors. The company is incorporated in the People’s Republic of China and engages in transactions involving assets such as semiconductor equipment.

Average Trading Volume: 440,944

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.2B

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

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