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Zhongguancun Science-Tech Leasing Co. Ltd. Class H ( (HK:1601) ) has shared an announcement.
Zhongguancun Science-Tech Leasing Co., Ltd. has entered into a new finance lease arrangement with an independent PRC equipment company engaged in R&D, leasing and sales of fluid machinery for oil and gas production. Under the agreement, Zhongguancun will purchase a star spinning pumping pump skid from the lessee for RMB23.7 million and lease it back over 36 months for total payments of about RMB26.3 million, generating roughly RMB2.6 million in interest income. Aggregated with several similar deals over the past year involving counterparties under common control, the transaction crosses the 5% threshold under Hong Kong listing rules and is classified as a disclosable transaction, underscoring the company’s continued expansion of its equipment finance portfolio and compliance obligations to public market investors.
More about Zhongguancun Science-Tech Leasing Co. Ltd. Class H
Zhongguancun Science-Tech Leasing Co., Ltd. is a PRC-incorporated financial leasing company listed in Hong Kong that provides equipment-focused finance leasing services, supporting technology and industrial enterprises through structured leaseback and asset-based financing solutions.
Average Trading Volume: 118,437
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.39B
Learn more about 1601 stock on TipRanks’ Stock Analysis page.