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Zhongguancun Science-Tech Leasing Expands Operations with Major Lease Agreement

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Zhongguancun Science-Tech Leasing Expands Operations with Major Lease Agreement

Confident Investing Starts Here:

Zhongguancun Science-Tech Leasing Co. Ltd. Class H ( (HK:1601) ) just unveiled an update.

Zhongguancun Science-Tech Leasing Co., Ltd. announced the signing of four Operating Lease Agreements with Shanghai Chentong Yuanjian Intelligent Technology Co., Ltd. for the lease of 100 unmanned wide body mining trucks. The agreements, with a total lease payment of RMB130,320,000 over a 24-month term, represent a significant expansion of the company’s leasing operations, increasing the scale by 200% or more. This transaction is classified as a discloseable transaction under Hong Kong’s Listing Rules, indicating its substantial impact on the company’s business operations.

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

Zhongguancun Science-Tech Leasing Co., Ltd. operates in the leasing industry, focusing on providing leasing services for various equipment and machinery. The company is incorporated in the People’s Republic of China and is listed on the Hong Kong Stock Exchange.

Average Trading Volume: 484,842

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$1.08B

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

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