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Zhongguancun Science-Tech Leasing Expands Fleet with Major Acquisition

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Zhongguancun Science-Tech Leasing Expands Fleet with Major Acquisition

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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 discloseable transaction involving the purchase of 100 unmanned wide body mining trucks from Eacon Mining Technology Co., Ltd. for RMB240 million. This acquisition, structured through four Asset Transfer Agreements, aims to enhance the company’s operating lease business by leasing these assets under fixed rental agreements, potentially strengthening its market position in the leasing industry.

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, focusing on the leasing industry. The company engages in operating lease business, providing financial solutions for various sectors, including technology and industrial equipment.

Average Trading Volume: 484,842

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$1.08B

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

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