Zhongguancun Science-Tech Leasing Co. Ltd. Class H (HK:1601) has released an update.
Zhongguancun Science-Tech Leasing Co., Ltd. has entered into a new finance lease agreement, where it will acquire and lease back production equipment for traditional Chinese medicine at a cost of RMB30 million, with a lease term of 12 months. The total finance lease payment will amount to RMB31.06 million, including interest. This transaction, combined with the company’s previous agreements, qualifies as a discloseable transaction under the Hong Kong Listing Rules.
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