Wisetone Financial News App reported that zgc tec leasing (01601) announced that on October 25, 2024, the company, as the lessor, entered into a financing lease agreement with Fuzhou Liangnong Forestry and Agricultural Waste Waste Heat Power Co., Ltd., (i) the lessor will purchase leased assets from the lessee, and the transfer price is RMB 0.1 billion yuan; and the lessor will lease the assets back to the lessee for a leasing period of 60 months, with a total leasing amount of approximately RMB 0.118 billion yuan, including RMB 0.1 billion yuan for the principal of the financing lease and financing lease interest income (including VAT) of approximately RMB 17.6852 million yuan.

The leased assets are biomass power generation equipment, with a net book value of approximately RMB 0.105 billion yuan.

The company's main business is to provide customers with financing leasing and consulting services. Entering into financing leasing agreements is part of the company's daily and general business, expected to bring stable income and cash flow to the company.