Zhongguancun Science-Tech Leasing Co. Ltd. Class H (HK:1601) has released an update.
Zhongguancun Science-Tech Leasing Co. Ltd. has entered into a significant finance lease agreement on July 5, 2024, acquiring leased assets worth RMB49,000,000 and leasing them back to the lessee for RMB55,298,394 over 36 months. This deal, classified as a discloseable transaction due to its size, involves leasing production equipment to a company in the automobile lightweight product sector, with the lessee having the option to purchase the assets at the end of the term. The agreement’s terms were set through arm’s length negotiations, reflecting market rates and backed by a guarantee from the lessee’s ultimate beneficial owner.
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