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Zhongguancun Science-Tech Leasing Expands with New Finance Lease Agreements

Story Highlights
  • Zhongguancun Science-Tech Leasing Co., Ltd. specializes in finance leasing services.
  • The company announced a series of finance lease agreements, marking a strategic expansion.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Zhongguancun Science-Tech Leasing Expands with New Finance Lease Agreements

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

Zhongguancun Science-Tech Leasing Co., Ltd. announced a series of finance lease agreements, with the latest being Agreement V, where the company will acquire and lease back assets worth RMB12,000,000 to the lessee for a 36-month term. These transactions, aggregated over the past 12 months, have resulted in a disclosable transaction under the Hong Kong Listing Rules, indicating a strategic expansion of the company’s leasing portfolio and potential implications for its financial performance and stakeholder interests.

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, specializing in finance leasing services. The company is involved in acquiring and leasing back assets to clients, focusing on structured finance solutions within the leasing industry.

Average Trading Volume: 209,728

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.41B

Learn more about 1601 stock on TipRanks’ Stock Analysis page.

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