Zhongguancun Seals Major Lease Deal in Tech Sector
Company Announcements

Zhongguancun Seals Major Lease Deal in Tech Sector

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

Zhongguancun Science-Tech Leasing Co., Ltd. has entered into a finance lease agreement on August 29, 2024, where it will purchase and lease back assets worth RMB42 million from a semiconductor product testing service provider. Over a 24-month period, the lessee will make payments totaling RMB44.9 million, including interest. The deal, considered a discloseable transaction for the company, will be financed through its working capital and internal resources.

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