Zhongguancun Science-Tech Leasing Co. Ltd. Class H (HK:1601) has released an update.
Zhongguancun Science-Tech Leasing Co., Ltd. has entered into a recourse factoring agreement with a factoring bank for RMB80 million to strengthen its working capital. The deal involves the transfer of unpaid lease receivables amounting to RMB107.15 million and is to be repaid by July 15, 2027. This transaction is significant enough to warrant disclosure according to the Listing Rules, as it exceeds the 5% threshold for transaction size.
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