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The latest update is out from Zhongguancun Science-Tech Leasing Co. Ltd. Class H ( (HK:1601) ).
Zhongguancun Science-Tech Leasing Co., Ltd. has entered into a new finance lease arrangement under which it will acquire leased assets from a lessee for RMB49 million and lease them back for 12 months, generating total lease payments of about RMB49.82 million and interest income of roughly RMB0.82 million, funded from its internal resources and negotiated on an arm’s-length basis. Together with an earlier RMB23.22 million equipment purchase and five-year finance lease signed this month with a related lessee in the new energy sector, the aggregated transactions exceed the 5% disclosure threshold under Hong Kong listing rules, making the latest deal a disclosable transaction that underscores the company’s ongoing deployment of capital into asset-backed leasing and its expanding exposure to new energy-related customers.
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, operating in the finance leasing industry by providing lease financing solutions to corporate clients through sale-and-leaseback and direct purchase lease arrangements for industrial and technology-related assets.
Average Trading Volume: 119,379
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.39B
For detailed information about 1601 stock, go to TipRanks’ Stock Analysis page.