zgc tec leasing (01601.HK) announced that it entered into a financing lease agreement with baotou huazi industry yesterday (4th).

According to the leasing agreement, zgc tec leasing will purchase production equipment such as fermenters owned by baotou huazi industry, with a transfer price of 35 million yuan (all in RMB); and lease back the related assets to baotou huazi industry for a lease term of 36 months, with a total lease payment of approximately 37.8508 million yuan, including a financing lease principal of 35 million yuan and financing lease interest income of approximately 2.8508 million yuan. (js/w)

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