Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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.