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Zhongguancun Science-Tech Leasing Co. Ltd. Class H ( (HK:1601) ) has issued an update.
Zhongguancun Science-Tech Leasing Co., Ltd. announced the execution of 21 Finance Lease Agreements with subsidiaries of Dishangtie Car Rental (Shenzhen) Co., Ltd. The agreements involve acquiring new energy logistics vehicles for RMB71,770,000 and leasing them back for 36 months with total payments amounting to RMB78,227,170. This transaction is part of a series of agreements that, when aggregated, constitute a discloseable transaction under the Hong Kong Stock Exchange rules, indicating a strategic move to enhance the company’s market presence in the new energy vehicle leasing sector.
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 new energy logistics vehicles. The company is based in the People’s Republic of China and engages in transactions that involve acquiring and leasing back vehicles to subsidiaries of other companies.
Average Trading Volume: 484,842
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$1.08B
Learn more about 1601 stock on TipRanks’ Stock Analysis page.
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